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$250,000

Beds
4
Baths
2.0
sq ft
2,108

42811 Wilmington Dr, Sterling Heights, MI 48313

42811 Wilmington Dr

Sterling Heights, MI 48313

  • 150 days on market
    • Price drop $39,999↓
Last call. Multiple offers! Come to the OPEN HOUSE TONIGHT 5-7 (Sunday 1-10-24) This exceptional bi-level home is a rare gem in a highly desirable community with few properties available. Featuring four spacious bedrooms. Master bedroom has two closets and built-in dresser drawers saving space and money on furniture. The inviting backyard and huge deck is perfect for relaxation and entertainment. The Sale includes a new refrigerator, stove/oven, microwave, and dishwasher, with an option to purchase Samsung washer and dryer. We are also offering a home warranty for added peace of mind.

Details

Property type

Single Family Residence

Est. home value

$319,949

Lot size

0.24 acres

Price per sq ft

$119

Year built

1973

Annual property taxes

$4,324.46

Price History

11/04/2024
Realcomp

Realcomp #58050146426

Price change
$250,000
-13.79%
10/29/2024
Realcomp

Realcomp #58050146426

Price change
$289,999
-3.33%
07/27/2024
Realcomp

Realcomp #58050146426

Price change
$299,999
-1.64%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

Negotiation Insights

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

Seller could get up to

$77,836
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$152,164
Cash to seller
$77,836

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Main Street Bank

Loan start date

October 2018

Original loan amount

$170,940

Est. remaining balance

$152,164

Interest rate

4.53%

Loan type

FHA, 30 year

Seller

Valerie A Elrod

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: Active

Tomo last checked: 11/22/2024 at 5:05 AM

Listing updated: 11/15/2024 at 1:40 PM

Listed by: David Slater, KW Platinum Phone #: (586) 949-0200

MLS: Realcomp #58050146426

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