tomo logo

$310,000

Beds
2
Baths
2.5
sq ft
1,901

5345 Chicago Rd, Warren, MI 48092

5345 Chicago Rd

Warren, MI 48092

  • 51 days on market
Nestled on a picturesque .35-acre lot that backs up to the tranquil Red Run Creek, this 2-bedroom, 2.5-bath bungalow offers a unique blend of country charm and city convenience. The entry floor boasts a spacious great room, perfect for relaxing by the fireplace or entertaining guests. Adjacent to the great room is a versatile library/office with an attached full bath, ideal for working from home or hosting overnight visitors. The heart of the home, the eat-in kitchen, features updated granite countertops, ample pantry space, and modern storage solutions. Sliding doors lead from the kitchen to a deck overlooking the serene Red Run Creek, providing a peaceful backdrop for your morning coffee or evening gatherings.A convenient storage room/laundry room off the kitchen ensures thatdaily chores are handled with ease, keeping your living spaces clutter-free and organized. Ascend to the upper level to find two generously sized bedrooms, offering plenty of space for rest and relaxation. The upstairs bathroom is a sanctuary in itself, featuring a large whirlpool tub for unwinding after a long day and a separate shower for your convenience. The exterior of this charming bungalow is equally impressive. The deck facing Red Run Creek invites you to enjoy outdoor living at its finest and the soothing sounds of the creek provide a serene escape from the hustle and bustle of city life. This bungalow offers the tranquility of a country retreat with all the amenities of city living. Whether you're enjoying a quiet evening by the creek, hosting friends and family in the great room, or working from your home office, this home provides the perfect setting for every aspect of your life. Don't miss the opportunity to make this charming bungalow your own.

Details

Property type

Single Family Residence

Est. home value

$317,817

Lot size

0.35 acres

Price per sq ft

$164

Year built

1985

Annual property taxes

$7,382

Price History

05/14/2024
Realcomp

Realcomp #81024023800

Listed
$310,000
+64.89%
04/03/2020
Realcomp

Realcomp #219110710

Sold
$188,000

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

$116,259
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$168,941
Cash to seller
$116,259

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

$168,941

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: 07/04/2024 at 11:30 PM

Listing updated: 06/29/2024 at 4:23 PM

Listed by: E'toile O'Rear-Libbett, Phone #: (248) 470-3462

MLS: Realcomp #81024023800

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