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$171,000

Beds
3
Baths
2.0
sq ft
1,272

502 E Mill St, Capac, MI 48014

502 E Mill St

Capac, MI 48014

  • 127 days on market
    • Price drop $1,000↓
Welcome to this charming 3-bedroom, 2-bathroom home in the heart of Capac! Built in 1940, this 1,272 sq. ft. gem is filled with charm and awaiting your personal touches. The living room and stairway boast newer carpeting, installed less than a year ago, providing a fresh and cozy feel. Located less than half a mile from downtown, enjoy the convenience of small-town living with access to an array of community amenities. Treat yourself at the local ice cream shop, run errands with ease at the nearby gas station and hardware store, and partake in delightful community events that bring neighbors together. The fenced yard offers a private outdoor space perfect for relaxing, gardening, or entertaining. Don't miss the chance to make this delightful house your new home!

Details

Property type

Single Family Residence

Est. home value

$136,584

Lot size

8,712 sq ft

Price per sq ft

$135

Year built

1940

Annual property taxes

$2,197

Price History

11/21/2024
MiRealSource

MiRealSource #50152527

Price change
$171,000
-0.58%
10/14/2024
MiRealSource

MiRealSource #50152527

Price change
$172,000
-0.58%
09/30/2024
MiRealSource

MiRealSource #50152527

Price change
$173,000
-0.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Capac Community School District

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

$42,043
Asking price
$171,000
Closing costs (~8% of asking)
-$13,680
Est. remaining loan balance
-$115,277
Cash to seller
$42,043

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

March 2022

Original loan amount

$121,845

Est. remaining balance

$115,277

Interest rate

3.56%

Loan type

FHA, 30 year

Seller

Timothy Allen Hembree and Christine Marie Hembree

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: 12/23/2024 at 1:25 AM

Listing updated: 11/21/2024 at 7:50 AM

Listed by: Amanda Bacon, Century 21 Professionals Sterling Heights Phone #: (586) 274-1111

MLS: MiRealSource #50152527

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