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$319,000

Beds
3
Baths
2.5
sq ft
2,128

5045 Mellwood Dr, Grand Blanc, MI 48507

5045 Mellwood Dr

Grand Blanc Twp, MI 48507

  • 10 days on market
    • Price drop $11,000↓
    • Open house Oct 05
This beautiful 4-bedroom, 2.5-bath ranch home offers a total of 3,228 square feet of finished living space, including a walkout basement. Freshly updated with new carpet and vinyl plank floors, the home is move-in ready. Enjoy outdoor living on the huge deck overlooking a fully fenced yard, perfect for relaxation and entertaining. The oversized garage provides ample storage, and the home sits on over 1 acre of land in the award-winning Grand Blanc school district. Don’t miss this fantastic opportunity to own in a sought-after community!

Details

Property type

Single Family Residence

Est. home value

$346,796

Lot size

1.07 acres

Price per sq ft

$150

Year built

1955

Annual property taxes

$5,539

Price History

09/30/2024
Realcomp

Realcomp #20240070975

Price change
$319,000
-3.33%
09/20/2024
Realcomp

Realcomp #20240070975

Listed
$330,000
+13.79%
04/29/2022
Realcomp

Realcomp #2220010599

Sold
$290,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Blanc

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

$21,517
Asking price
$319,000
Closing costs (~8% of asking)
-$25,520
Est. remaining loan balance
-$271,963
Cash to seller
$21,517

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

April 2022

Original loan amount

$284,747

Est. remaining balance

$271,963

Interest rate

3.85%

Loan type

FHA, 30 year

Seller

Dylan Davis and Makenzie Adado

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: 09/30/2024 at 1:30 PM

Listing updated: 09/30/2024 at 12:01 PM

Listed by: Robert Torrey, Real Broker LLC Bloomfield Phone #: (248) 480-8400

MLS: Realcomp #20240070975

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Recently listed in Grand Blanc Twp