tomo logo

$160,000

Beds
2
Baths
1.5
sq ft
1,100

521 E Main St, Manchester, MI 48158

521 E Main St

Manchester Vlg, MI 48158

  • <1 day on market
Unique opportunity to live two blocks from downtown Manchester at an affordable price. This quaint condo complex has only 4 units tucked within a park-like setting right off Main Street. The condo includes a full basement and attached garage, unlike the competition. Two bedrooms, 1.5 baths, full dining room and two decks.... one off the dining room and the other near the half bath.

Details

Property type

Condominium

Est. home value

$187,891

Lot size

Unknown

Price per sq ft

$146

Year built

1988

Annual property taxes

$2,360

Monthly HOA fee

$125

Price History

09/18/2024
Realcomp

Realcomp #81024049432

Listed
$160,000
+6.74%
04/01/2022
Realcomp

Realcomp #543285475

Sold
$149,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Manchester

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

$51,602
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$95,598
Cash to seller
$51,602

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$110,260

Est. remaining balance

$95,598

Interest rate

2.93%

Loan type

New Conventional, 15 year

Seller

Burr H Walker

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?

Status: Active

Tomo last checked: 09/19/2024 at 3:15 PM

Listing updated: 09/18/2024 at 7:41 PM

Listed by: Patrick Daum, Phone #: (734) 995-9400

MLS: Realcomp #81024049432

Realcomp logo

Recently listed in Manchester Vlg

$160,000|2 bd|1.5 ba|Condo
$348,000|3 bd|3.0 ba|Condo
$259,900|3 bd|2.0 ba|House
$325,000|3 bd|2.5 ba|House
$417,000|4 bd|3.5 ba|Condo
$417,000|4 bd|3.5 ba|Condo
$389,900|4 bd|2.0 ba|House
$399,900|4 bd|2.5 ba|House