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$304,900

Beds
4
Baths
2.0
sq ft
1,836

507 Field Rd, Clio, MI 48420

507 Field Rd

Clio, MI 48420

  • 75 days on market
    • Price drop $10,000↓
This home is in excellent condition. Ranch with 5 acres with final split approval being done. Will include the 24x40 Pole barn located at the back of the property. Amazing location on a paved road.

Details

Property type

Single Family Residence

Est. home value

$213,409

Lot size

5.50 acres

Price per sq ft

$167

Year built

1978

Annual property taxes

$3,131

Price History

10/16/2024
Realcomp

Realcomp #20240062077

Price change
$304,900
-3.18%
09/30/2024
Realcomp

Realcomp #20240062077

Price change
$314,900
-1.56%
09/20/2024
Realcomp

Realcomp #20240062077

Listed
$319,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Clio

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

$124,392
Asking price
$304,900
Closing costs (~8% of asking)
-$24,392
Est. remaining loan balance
-$156,116
Cash to seller
$124,392

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

Seller’s Loan History

Lender

New Executive Mortgage Llc

Loan start date

March 2017

Original loan amount

$183,514

Est. remaining balance

$156,116

Interest rate

4.17%

Loan type

FHA, 30 year

Seller

Donald Simota and Geraldine Wiedyk

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: 11/05/2024 at 6:00 AM

Listing updated: 11/02/2024 at 12:20 PM

Listed by: Kristina Cantleberry, Esquire Property Group LLC Phone #: (810) 691-5914

MLS: Realcomp #20240062077

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