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$260,000

Beds
3
Baths
1.5
sq ft
1,337

510 Hollywood Dr, Monroe, MI 48162

510 Hollywood Dr

Monroe, MI 48162

  • 32 days on market
Nestled in the desirable neighborhood of Hollywood Drive, this charming home is brimming with potential and waiting for your personal touch. Offering 3 spacious bedrooms and 1.5 bathrooms, this property is perfect for buyers looking to put their ideas to life! The home already boasts some impressive updates, including new paint, newer roof, new windows, and cabinets that offer ample storage space, beautiful new recessed lighting that brightens each room with a modern touch. Spacious backyard and a 3 seasons room for your entertaining needs! With a little creativity and some finishing touches, you can easily turn this into your dream home! The 2-car garage provides plenty of space for parking and additional storage. Whether you're an investor looking for a project or a homeowner ready to make this space your own, this property is a must-see!

Details

Property type

Single Family Residence

Est. home value

$210,585

Lot size

0.24 acres

Price per sq ft

$195

Year built

1948

Annual property taxes

$4,048

Price History

01/21/2025
Realcomp

Realcomp #57050165006

Listed
$260,000
+33.33%
06/20/2022
Realcomp

Realcomp #2220034998

Sold
$195,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Monroe

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

$55,456
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$183,744
Cash to seller
$55,456

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

June 2022

Original loan amount

$191,468

Est. remaining balance

$183,744

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Chad Laplante and Breanna Laplante

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: 02/22/2025 at 11:50 PM

Listing updated: 02/06/2025 at 3:19 PM

Listed by: Morgan Welch, eXp Realty LLC in Monroe Phone #: (734) 244-5605

MLS: Realcomp #57050165006

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