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$240,000

Beds
3
Baths
2.0
sq ft
1,230

5100 Glen Cove Ln, Grand Blanc, MI 48507

5100 Glen Cove Ln

Grand Blanc Twp, MI 48507

  • 8 days on market
3 bed 2 bath home that would make a great first time home or investment property. This home has a lot of potential! Home is being sold as is. Don't miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$205,806

Lot size

0.47 acres

Price per sq ft

$196

Year built

1966

Annual property taxes

$2,011

Price History

09/21/2024
Realcomp

Realcomp #20240071239

Listed
$240,000
+20.06%
05/12/2023
Realcomp

Realcomp #20230025311

Sold
$199,900

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

$73,193
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$147,607
Cash to seller
$73,193

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 Wholesale Mortgage

Loan start date

May 2023

Original loan amount

$149,900

Est. remaining balance

$147,607

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Gregory Shafer and Bemadette Gongora

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 1:20 PM

Listing updated: 09/22/2024 at 6:05 AM

Listed by: Kennedy Christensen, Tremaine Real Estate Phone #: (810) 750-4663

MLS: Realcomp #20240071239

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