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$165,900

Beds
3
Baths
2.0
sq ft
1,271

5319 N State Rd, Davison, MI 48423

5319 N State Rd

Davison, MI 48423

  • 38 days on market
    • Price drop $3,100↓
ATTENTION: Tinkerers, backyard mechanics, woodworkers, restorers, refinishers and any enthusiastic hobbyist - Seller is relocating and plans to give quick occupancy so this is a perfect opportunity to start planning for those projects to keep busy this winter! This solid 3 bedroom, 2 bath ranch home comes with a humongous 940 sq ft workshop AND 576 sq ft garage! Workshop has half bath and heat which could be utilized once hooked up. The Garage, built in 2003 has 220 and has 11' ceilings to accommodate a lift or larger vehicle. Workshop could be used for a variety of purposes or for LOTS of storage! The 1271 sqft home includes an addition that was added in 2012. At that time plumbing, electrical was updated. Water heater 2022, Water softener 2020, washer 2019, dryer 2022 Stove 2020. Central air unit was rebuilt in 2022. The kitchen w/ snack bar opens to the dining area and has plenty of cabinet and counter space for cooking and storage. Natural hardwood under carpet in original part of house. The back yard of the .45 acre lot was raised so drainage is not an issue & backs up to farmland for a beautiful open view! There is a fenced area to keep your pets safe and a long driveway for plenty of parking. Seller will give prompt & serious consideration so don't be shy to send your offer!

Details

Property type

Single Family Residence

Est. home value

$171,120

Lot size

0.45 acres

Price per sq ft

$131

Year built

1930

Annual property taxes

$3,421

Price History

09/09/2024
MiRealSource

MiRealSource #50151778

Price change
$165,900
-1.83%
08/25/2024
MiRealSource

MiRealSource #50151778

Price change
$169,000
-3.43%
08/21/2024
MiRealSource

MiRealSource #50151778

Price change
$175,000
-2.72%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Davison Community 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

$34,887
Asking price
$165,900
Closing costs (~8% of asking)
-$13,272
Est. remaining loan balance
-$117,741
Cash to seller
$34,887

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2023

Original loan amount

$120,000

Est. remaining balance

$117,741

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Robert Hickman and Melissa Hickman

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: 09/19/2024 at 3:05 PM

Listing updated: 09/16/2024 at 12:12 PM

Listed by: Michelle T Plunkett, Red Carpet Keim Action Group 1 Phone #: (810) 653-0600

MLS: MiRealSource #50151778

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