tomo logo

$287,500

Beds
3
Baths
2.5
sq ft
1,622

5296 Magnolia Dr, Grand Blanc, MI 48439

5296 Magnolia Dr

Grand Blanc, MI 48439

  • Pending
Ready to move into! Fully applianced kitchen with granite counters and hardwood flooring. Dining room has a slider that leads to the two -tiered deck with pergola. Yard is all privacy fenced with a storage shed. Upstairs is the master suite plus 2 additional bedrooms, laundry room and a full bath. The basement is finished with a family room and bar area with lots of extra storage.

Details

Property type

Single Family Residence

Est. home value

$278,207

Lot size

0.29 acres

Price per sq ft

$178

Year built

1997

Annual property taxes

$4,440

Price History

09/30/2024
Realcomp

Realcomp #20240072444

Pending
$287,500
09/25/2024
Realcomp

Realcomp #20240072444

Listed
$287,500
+64.29%
06/16/2016
MiRealSource

MiRealSource #21140224

Sold
$175,000

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

$118,832
Asking price
$287,500
Closing costs (~8% of asking)
-$23,000
Est. remaining loan balance
-$145,668
Cash to seller
$118,832

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

Seller’s Loan History

Lender

Guardian Mortgage Co Inc

Loan start date

August 2021

Original loan amount

$156,000

Est. remaining balance

$145,668

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Carl Daniel Frazier

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: 09/30/2024 at 5:30 PM

Listing updated: 09/30/2024 at 4:41 PM

Listed by: Timothy Lanphear, The Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20240072444

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