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$132,900

Beds
3
Baths
1.0
sq ft
1,380

529 Teman St, Saint Louis, MI 48880

529 Teman St

Pine River Twp, MI 48880

  • 21 days on market
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

$97

Year built

1950

Price History

08/28/2024
Realcomp

Realcomp #79080049986

Listed
$132,900
+121.5%
06/23/2017
Realcomp

Realcomp #79001169803

Sold
$60,000
+13.42%
12/28/2012
Realcomp

Realcomp #79001128486

Sold
$52,900
+82.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

St. Louis

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

$84,909
Asking price
$132,900
Closing costs (~8% of asking)
-$10,632
Est. remaining loan balance
-$37,359
Cash to seller
$84,909

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

$37,359

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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413 Brown St, Saint Louis, MI 48880

Status: Active

Tomo last checked: 09/19/2024 at 5:35 AM

Listing updated: 08/31/2024 at 7:01 AM

Listed by: Bob Fall, Phone #: (989) 463-6085

MLS: Realcomp #79080049986

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