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$89,900

Beds
2
Baths
1.0
sq ft
902

508 N Mill St, Clio, MI 48420

508 N Mill St

Clio, MI 48420

  • Pending
    • Price drop $10,000↓
Charming two bedroom bungalow nestled in a quiet neighborhood, perfect for those looking to add their personal touch. This affordable home offers great potential with a spacious living area, full basement, oversized garage, and a large back yard ready for your creative vision! This is a fantastic opportunity for first-time buyers, investors, or DIY enthusiasts. Conveniently located in the city of Clio. Priced to sell and won’t last long. Bring your imagination and make this house yours! Listing Agent is related to seller.

Details

Property type

Single Family Residence

Est. home value

$130,739

Lot size

0.28 acres

Price per sq ft

$100

Year built

1940

Annual property taxes

$2,857.8

Price History

09/13/2024
MiRealSource

MiRealSource #50151884

Pending
$89,900
09/07/2024
MiRealSource

MiRealSource #50151884

Price change
$89,900
-10.01%
08/12/2024
MiRealSource

MiRealSource #50151884

Listed
$99,900
+42.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Clio Area 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

$18,242
Asking price
$89,900
Closing costs (~8% of asking)
-$7,192
Est. remaining loan balance
-$64,466
Cash to seller
$18,242

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

Seller’s Loan History

Lender

United States Department Of Agriculture

Loan start date

September 2017

Original loan amount

$71,000

Est. remaining balance

$64,466

Interest rate

3.92%

Loan type

USDA, 38 year

Seller

Jill M Fogarai

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 7:10 PM

Listing updated: 09/13/2024 at 4:02 PM

Listed by: Jacob Goodyear, REMAX Tri County Phone #: (989) 323-2161

MLS: MiRealSource #50151884

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