tomo logo

$199,000

Beds
2
Baths
2.0
sq ft
931

45511 Ledgewood St, Macomb, MI 48044

45511 Ledgewood St

Macomb Twp, MI 48044

  • 22 days on market
    • Price drop $900↓
Enjoy the peaceful seclusion in the heart of the city that this ranch style 2 bedroom, 2 bathroom condo has to offer. The newer vinyl plank floor living room leads to an oversized doorwall and a covered private patio perfect for enjoying your morning cup of coffee. Other features include a brand furnace with whole house humidifier (2024), brand new central A/C unit (2024), a brand new sump pump (2024), and air ducts were professionally cleaned in August 2024. HOA dues include water and heat. This condo is truly move in ready and close to shopping and restaurants. Seller is leaving the chair lift for basement steps that is laying in the laundry room. The next buyer can have it re-mounted for easy and safe access to the basement that features another full bathroom and all the potential for your finishing touches.

Details

Property type

Condominium

Est. home value

$147,115

Lot size

Unknown

Price per sq ft

$214

Year built

1973

Annual property taxes

$1,829.84

Monthly HOA fee

$322

Price History

08/26/2024
Realcomp

Realcomp #58050152888

Price change
$199,000
-0.45%
08/21/2024
Realcomp

Realcomp #58050152888

Listed
$199,900
+11.12%
08/11/2023
Realcomp

Realcomp #20230052399

Sold
$179,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chippewa Valley

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

$9,389
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$173,691
Cash to seller
$9,389

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

Seller’s Loan History

Lender

First Community Mortgage Inc

Loan start date

August 2023

Original loan amount

$175,757

Est. remaining balance

$173,691

Interest rate

6.67%

Loan type

FHA, 30 year

Seller

Catherine Ann Love

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: 09/13/2024 at 9:30 AM

Listing updated: 09/07/2024 at 2:21 PM

Listed by: Andrea Page, Phone #: (586) 884-4461

MLS: Realcomp #58050152888

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