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$230,000

Beds
3
Baths
1.5
sq ft
1,075

42727 Michigan Dr, Sterling Heights, MI 48313

42727 Michigan Dr

Sterling Heights, MI 48313

  • Pending
This 3-bedroom, 1.5-bathroom home is a hidden gem waiting for your personal touch. Situated on a spacious lot in a desirable neighborhood, this property offers an excellent opportunity for savvy buyers or investors to build equity through thoughtful updates and renovations. While it does need some TLC, the home boasts great bones, a functional layout, and plenty of room for customization. Highlights include a large backyard, with 2 car detached garage, and ample storage space. Whether you’re looking to create your dream home or a valuable investment, this house is brimming with possibilities! Don’t miss the chance to turn this diamond in the rough into a shining masterpiece. Priced to sell and ready for transformation!

Details

Property type

Single Family Residence

Est. home value

$254,678

Lot size

9,148 sq ft

Price per sq ft

$214

Year built

1974

Annual property taxes

$3,964

Price History

09/13/2024
Realcomp

Realcomp #20240067615

Pending
$230,000
09/10/2024
Realcomp

Realcomp #20240067615

Listed
$230,000
+32.18%
03/03/2020
Realcomp

Realcomp #2200007834

Sold
$174,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michigan Schools & Government Cu

Loan start date

February 2022

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

2.41%

Loan type

Credit Line (Revolving), 25 year

Seller

Kenneth Vigneux and Ken Vigneux

Lender

United Wholesale Mortgage

Loan start date

July 2021

Original loan amount

$177,885

Est. remaining balance

$165,637

Interest rate

2.95%

Loan type

VA, 30 year

Seller

Ken Vigneux

Lender

United Wholesale Mortgage

Loan start date

March 2020

Original loan amount

$178,002

Est. remaining balance

$162,015

Interest rate

3.65%

Loan type

VA, 30 year

Seller

Ken Vigneux

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/17/2024 at 11:05 PM

Listing updated: 09/13/2024 at 3:17 PM

Listed by: Myles A Beaver, KW Platinum Phone #: (586) 949-0200

MLS: Realcomp #20240067615

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