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$281,000

Beds
3
Baths
2.5
sq ft
1,580

505 E Frank St, Fowlerville, MI 48836

505 E Frank St

Fowlerville Vlg, MI 48836

  • 13 days on market
- SO NICE TO COME HOME TO - This older Home in the quiet village of Fowlerville has been updated. It has a sunny living room with plenty of space, a spacious kitchen with plenty of counter space and appliances, a large first-floor primary bedroom with a private full bath, and a cozy loft. The second level features two bedrooms, one with a private bath and deck. This Home was updated in 2022, and it now has a newer furnace, an on-demand water heater, and much more. A large deck is off the kitchen door wall. The nice-sized yard is fenced. The location offers sidewalks and is within walking distance of the downtown district—a great location for shopping, schools & highways.

Details

Property type

Single Family Residence

Est. home value

$267,108

Lot size

0.25 acres

Price per sq ft

$178

Year built

1900

Annual property taxes

$3,551

Price History

02/10/2025
Realcomp

Realcomp #20250008888

Listed
$281,000
+10.24%
10/26/2022
Realcomp

Realcomp #20221039238

Sold
$254,900
+249.18%
02/25/2022
Realcomp

Realcomp #2210100071

Sold
$73,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fowlerville

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

$15,565
Asking price
$281,000
Closing costs (~8% of asking)
-$22,480
Est. remaining loan balance
-$242,955
Cash to seller
$15,565

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

Seller’s Loan History

Lender

Das Acquisition

Loan start date

October 2022

Original loan amount

$250,282

Est. remaining balance

$242,955

Interest rate

5.89%

Loan type

FHA, 30 year

Seller

Brian Schappert and Kelsey Schappert

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: 02/23/2025 at 6:55 PM

Listing updated: 02/13/2025 at 6:07 AM

Listed by: Kevin L Prokopp, Kevin L Prokopp, RE/MAX PlatinumRE/MAX Platinum Phone #: (810) 227-4600

MLS: Realcomp #20250008888

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