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$399,000

Beds
5
Baths
4.0
sq ft
4,432

527 Day Rd, Owosso, MI 48867

527 Day Rd

Owosso, MI 48867

  • 87 days on market
    • Price drop $15,900↓
Plenty of room to roam in this beautiful home. Three floors of finished living area. Open floor plan allows you to be in the kitchen and still enjoy watching a lit fire in the fireplace or chatting with guest. There is also a formal dining room and living room that give you a quiet space to relax in. The first-floor bedroom could also be used as an office area. The first floor is complete with a full bath and a laundry area. Upstairs you have a full master suite with a walk-in closet, bath and dressing room area. The are 2 additional bedrooms up with a full bath. In the lower level you have plenty of light with two large egress windows. Large family room with a bar area. Another suite with an oversized bedroom area, Work out area and full ceramic tiled shower with 2 shower heads. This could double as an in-law's quarters or whatever your imagination chooses! Outside we have almost 3/4 of an acre. Part of the yard has a privacy fenced area, and a large deck to relax on. There is a nice sized garden area already established. The home has a new Generator. 200 AMP electrical service. Sellers are also leaving a 42" Cub Cadet riding mower and a push mower.

Details

Property type

Single Family Residence

Est. home value

$329,495

Lot size

0.73 acres

Price per sq ft

$91

Year built

1989

Annual property taxes

$2,024

Price History

10/01/2024
MiRealSource

MiRealSource #50148147

Price change
$399,000
-3.83%
09/20/2024
MiRealSource

MiRealSource #50148147

Price change
$414,900
-2.38%
08/29/2024
MiRealSource

MiRealSource #50148147

Price change
$425,000
-2.3%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Owosso Public Schools

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

$298,461
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$68,619
Cash to seller
$298,461

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

November 2020

Original loan amount

$75,000

Est. remaining balance

$68,619

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael E Bruff and Robin Basarabska Bruff

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: 10/05/2024 at 11:25 PM

Listing updated: 09/30/2024 at 8:12 PM

Listed by: LIZ DYSINGER, Homes -N- Land Real Estate Phone #: (989) 720-4663

MLS: MiRealSource #50148147

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