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$289,000

Beds
5
Baths
2.0
sq ft
1,962

4877 1st St, New Era, MI 49446

4877 1st St

Unknown_OutOfState, MI 49446

  • 1 day on market
    • Open house Apr 05
Welcome to this spacious and inviting 5 bedroom, 2 bath home in the heart of New Era! Nestled in a charming small-town setting, this home offers a perfect blend of character and convenience. Inside, you'll find a warm and welcoming atmosphere with plenty of space for family and guests. The finished loft above the garage provides a great bonus space--ideal for a home office, studio, or guest retreat. This home is a must-see! Don't miss your chance to own a piece of New Era's charm.

Details

Property type

Single Family Residence

Est. home value

$206,584

Lot size

0.42 acres

Price per sq ft

$148

Year built

1930

Annual property taxes

$2,623.58

Price History

04/01/2025
Realcomp

Realcomp #67025012757

Listed
$289,000
+95.93%
04/02/2021
Realcomp

Realcomp #71020045135

Sold
$147,500
+18.09%
12/03/2014
Realcomp

Realcomp #71014029612

Sold
$124,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Shelby

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

$134,236
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$131,644
Cash to seller
$134,236

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

March 2021

Original loan amount

$144,827

Est. remaining balance

$131,644

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Jordan Covey

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?

Status: Active

Tomo last checked: 04/02/2025 at 6:50 PM

Listing updated: 04/02/2025 at 4:06 PM

Listed by: Evelyn Vinke, Five Star Real Estate - Town Square Group Phone #: (231) 301-8111

MLS: Realcomp #67025012757

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