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$300,675Estimated home value

Beds
4
Baths
1.5
sq ft
1,600

5126 Franklin Park Dr, Sterling Heights, MI 48310

5126 Franklin Park Dr

Sterling Heights, MI 48310

  • Sold On 10/15/2024
Welcome home!! Beautiful quad-level home in the heart of Sterling Heights within walking distance to beautiful Hampton Park! Home was redone recently! New floors, new carpet, new lighting and electrical, stainless steel appliances, roof approx. 6 years old, vinyl windows, freshly painted, new trim work in lower level family room with a natural fireplace and Fiberglass entry and service doors! Come see this today!! Immediate occupancy as well!! Just in time before summer ends and school season starts!! Schedule your apt today!!!

Details

Property type

Single Family Residence

Est. home value

$300,675

Lot size

8,712 sq ft

Price per sq ft

$204

Year built

1978

Annual property taxes

$3,605

Price History

10/15/2024
Realcomp

Realcomp #20240064113

Sold
$324,900
09/18/2024
Realcomp

Realcomp #20240064113

Pending
$324,900
08/28/2024
Realcomp

Realcomp #20240057467

Removed
$324,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

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

$97,512
Asking price
$324,900
Closing costs (~8% of asking)
-$25,992
Est. remaining loan balance
-$201,396
Cash to seller
$97,512

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

December 2019

Original loan amount

$222,687

Est. remaining balance

$201,396

Interest rate

3.75%

Loan type

VA, 30 year

Seller

Chetra Cheng

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: Off Market

Tomo last checked: 11/08/2024 at 9:25 AM

Listing updated: 10/16/2024 at 1:38 AM

Listed by: Lee J Wilbanks, Wilbanks Real Estate Phone #: (734) 432-9342

MLS: Realcomp #20240064113

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