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$124,900

Beds
3
Baths
1.0
sq ft
1,380

529 Teman St, Saint Louis, MI 48880

529 Teman St

PineRiverTownship_Gratiot, MI 48880

  • Pending
    • Price drop $5,000↓
Nestled just a stone's throw from the charming Penny Park, this property is a savvy investment opportunity with a proven rental history. Generating a steady income of approximately $1,000 per month, this well-maintained home offers both comfort and convenience. Its prime location near the park ensures a serene setting while being close to local amenities, making it an attractive option for tenants. Whether you're expanding your portfolio or seeking a reliable income stream, this property combines location and financial stability in one compelling package.

Details

Property type

Single Family Residence

Est. home value

$111,673

Lot size

0.62 acres

Price per sq ft

$91

Year built

1950

Price History

03/26/2025
Realcomp

Realcomp #79080049986

Removed
$124,900
03/11/2025
Realcomp

Realcomp #79080049986

Pending
$124,900
01/06/2025
Realcomp

Realcomp #79080049986

Price change
$124,900
-3.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

StLouis

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

$78,414
Asking price
$124,900
Closing costs (~8% of asking)
-$9,992
Est. remaining loan balance
-$36,494
Cash to seller
$78,414

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

December 2012

Original loan amount

$51,510

Est. remaining balance

$36,494

Interest rate

3.4%

Loan type

Not Provided, 30 year

Seller

Ryan Carrigan and Katrina Carrigan

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: Pending/Under Contract

Tomo last checked: 04/03/2025 at 12:25 AM

Listing updated: 03/25/2025 at 9:24 AM

Listed by: Bob Fall, CENTURY 21 LEE-MAC REALTY Phone #: (989) 463-6085

MLS: Realcomp #79080049986

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Recently listed in PineRiverTownship_Gratiot

$445,000|4 bd|3.0 ba|House
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