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$254,999

Beds
3
Baths
2.0
sq ft
2,170

501 Chestnut St, Flushing, MI 48433

501 Chestnut St

Flushing, MI 48433

  • 7 days on market
*Seller is offering a $2,500 credit at closing for additional updates.* Move-in-ready home just minutes from downtown Flushing! This spacious 3-bedroom, 2-bathroom property combines convenience with a peaceful atmosphere. As you enter, a large living room with beautiful hardwood floors welcomes you, leading into a bright dining area connected to the well-equipped kitchen, complete with ceramic tile flooring, ample cabinet storage, and full stainless steel appliances. A new sliding door (2024) from the dining room opens to a lovely three-season room with updated flooring, offering views of the expansive, private, fenced backyard—a perfect setting for gatherings or quiet evenings. The lower level features a cozy family room with a charming fireplace, ideal for colder nights, as well as a full bathroom and an optional fourth bedroom, making it a flexible space for guests or a home office. Upstairs, you’ll find three comfortable bedrooms along with an additional full bathroom, providing ample room for family and friends. Recent improvements include new vinyl siding (2023) with a lifetime transferable warranty, new landscaping (2024), a bathroom refresh (2023), and a new dishwasher (2023). Additionally, the home boasts a newer furnace, roof, and water heater, with basement waterproofing already completed. Don’t miss your chance to experience the warmth and character of this welcoming home—schedule a viewing today!

Details

Property type

Single Family Residence

Est. home value

$231,241

Lot size

9,583 sq ft

Price per sq ft

$118

Year built

1959

Annual property taxes

$3,912

Price History

10/28/2024
Realcomp

Realcomp #20240081396

Listed
$254,999
+13.33%
08/02/2022
Realcomp

Realcomp #2220041961

Sold
$225,000
+95.27%
06/01/2016
MiRealSource

MiRealSource #20458816

Sold
$115,225

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Flushing

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

$28,291
Asking price
$254,999
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$206,308
Cash to seller
$28,291

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

August 2022

Original loan amount

$212,657

Est. remaining balance

$206,308

Interest rate

5.78%

Loan type

FHA, 30 year

Seller

Jarreti L Bright

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: 11/05/2024 at 7:25 AM

Listing updated: 11/02/2024 at 3:15 PM

Listed by: Adam Schaffer, Wentworth Real Estate Group Phone #: (810) 955-6600

MLS: Realcomp #20240081396

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