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$215,000

Beds
3
Baths
2.0
sq ft
1,448

5242 Mill Wheel Dr, Grand Blanc, MI 48439

5242 Mill Wheel Dr

Grand Blanc Twp, MI 48439

  • 11 days on market
HUD Home- great opportunity on this 3 bedroom, 2 bath, ranch home in Grand Blanc. The home has a good layout. Nice size living room and separate family room with fireplace. Kitchen with lots of oak cabinets and plenty of counter space. Primary bedroom has its own private bath. Basement and two car attached garage.

Details

Property type

Single Family Residence

Est. home value

$213,325

Lot size

7,841 sq ft

Price per sq ft

$149

Year built

1973

Annual property taxes

$5,300

Price History

02/26/2025
Realcomp

Realcomp #20250012669

Listed
$215,000
+54.68%
08/02/2017
MiRealSource

MiRealSource #21291983

Sold
$139,000

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

$82,445
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$115,355
Cash to seller
$82,445

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 1 Inc

Loan start date

August 2017

Original loan amount

$136,482

Est. remaining balance

$115,355

Interest rate

3.91%

Loan type

FHA, 30 year

Seller

Dawn M Obdziejewski

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: 03/10/2025 at 7:30 AM

Listing updated: 03/05/2025 at 6:04 AM

Listed by: Ray Megie, Ray Megie, Realty Executives Main St LLCRealty Executives Main St LLC Phone #: (810) 667-1700

MLS: Realcomp #20250012669

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