tomo logo

$289,900

Beds
4
Baths
2.0
sq ft
1,614

5 Casler St, Ypsilanti, MI 48197

5 Casler St

Ypsilanti, MI 48197

  • 123 days on market
    • Price drop $5,000↓
Fantastic updated 2-unit turn-key property ready for investors in the Ypsilanti area! A brand new 2-stage furnace and A/C in the first unit will provide maximum efficiency in heating and cooling. Additionally, the second unit has a brand new mini split with 3 head units, ensuring effective temperature control for the upstairs area regardless of the weather. The basement has fresh paint on the floors, walls, and ceilings, giving it a clean and refreshed look. The first unit also benefits from a fresh coat of paint, and the installation of resistant Vinyl Flooring throughout the entire first floor adds durability and style. With its own entryway, the second floor/unit offers privacy and convenience. The new vinyl flooring and doors with new locks contribute to a modern and secure living space. The second unit even has a full kitchen setup, making it ready for cooking. The presence of preinstalled gas and water lines allows for the installation of a washer and dryer unit, adding further convenience. To enhance the overall ambiance, the entire house is equipped with new interior LED lights/fixtures, bringing energy-efficient and modern lighting to every room.

Details

Property type

Single Family Residence

Est. home value

$191,414

Lot size

0.93 acres

Price per sq ft

$180

Year built

1920

Annual property taxes

$3,529

Price History

09/10/2024
Realcomp

Realcomp #20240038840

Price change
$289,900
-1.7%
08/08/2024
Realcomp

Realcomp #20240038840

Price change
$294,900
-1.67%
07/25/2024
Realcomp

Realcomp #20240038840

Removed
$299,900

Schools & Community

Neighborhood: 

Historic South Side

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

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

$207,000
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$59,708
Cash to seller
$207,000

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

January 2015

Original loan amount

$75,000

Est. remaining balance

$59,708

Interest rate

3.99%

Loan type

New Conventional, 30 year

Seller

Rudy A Acuna

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: 10/05/2024 at 7:50 PM

Listing updated: 09/10/2024 at 2:01 PM

Listed by: Billy Sobh, Keller Williams Legacy Phone #: (313) 752-0000

MLS: Realcomp #20240038840

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