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$302,000

Beds
3
Baths
2.5
sq ft
1,954

5345 Chicago Rd, Warren, MI 48092

5345 Chicago Rd

Warren, MI 48092

  • 14 days on market
Here's a wonderful 1950 sq ft, 3 BD, 2.1 Bath Tudor situated back off the road like your own private oasis! This spacious home offers a large great room with a four-season view of nature from the back deck and backyard. Step off the back deck that offers a serene view of the Red Run River, an offshoot of the Clinton River. The great room features a hearth brick fireplace. This home includes a country-style eat-in kitchen with plenty of counter space and cabinets, along with stainless steel appliances that stay, including a first-floor washer/dryer. The second floor offers 2 BDs with vaulted ceilings and spacious room sizes, with a flex room off one bedroom currently used for storage but would be excellent to convert into a large walk-in closet. The home is situated on a large lot with plenty of parking. A wall off the garage connects to the home. It's situated on a private lot with 3 condos and long-time residents. Please note: this is not a condo and has no HOA fees. It's a single-family residence and recorded as such. The homestead taxes are uncapped and based on a taxable value of $290K, which upon sale will be close to the present taxes with the sales price. This information was provided by the tax assessor's office and public records. Don't let this keep you away from an opportunity to own a great home with a stream and your own privacy. There is a 3-hour notice to show 12 pm-7:15 pm shows daily. Don't pass this buy!

Details

Property type

Single Family Residence

Est. home value

$317,817

Lot size

0.35 acres

Price per sq ft

$155

Year built

1985

Annual property taxes

$7,775

Price History

11/07/2024
Realcomp

Realcomp #20240084319

Listed
$302,000
-0.66%
10/15/2024
Realcomp

Realcomp #81024023800

Removed
$304,000
08/09/2024
Realcomp

Realcomp #81024023800

Price change
$304,000
-1.94%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$110,261
Asking price
$302,000
Closing costs (~8% of asking)
-$24,160
Est. remaining loan balance
-$167,579
Cash to seller
$110,261

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

Seller’s Loan History

Lender

Premia Mortgage Llc

Loan start date

April 2020

Original loan amount

$185,000

Est. remaining balance

$167,579

Interest rate

3.47%

Loan type

VA, 30 year

Seller

David J Panebianco

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: 11/22/2024 at 3:15 AM

Listing updated: 11/09/2024 at 4:43 PM

Listed by: Karen Walls, RE/MAX Nexus Phone #: (248) 541-4900

MLS: Realcomp #20240084319

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