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$276,700

Beds
3
Baths
1.0
sq ft
912

5407 Oak Grove Rd, Howell, MI 48855

5407 Oak Grove Rd

Howell Twp, MI 48855

  • <1 day on market
Great Opportunity to own this single-family home built in 1960 featuring 3 bedrooms and 1 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. *** Access will only be provided on vacant properties to eligible buyers during the first 30 days of the listing as outlined in the disclaimer below after executing a Purchase and Sale Agreement and submitting an earnest money deposit.

Details

Property type

Single Family Residence

Est. home value

$228,597

Lot size

0.51 acres

Price per sq ft

$304

Year built

1960

Annual property taxes

$3,174

Price History

01/21/2025
Realcomp

Realcomp #20250004628

Listed
$276,700
+39.4%
01/11/2025
Realcomp

Realcomp #20240086069

Removed
$198,500
11/14/2024
Realcomp

Realcomp #20240086069

Listed
$198,500
-4.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Howell

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

$61,921
Asking price
$276,700
Closing costs (~8% of asking)
-$22,136
Est. remaining loan balance
-$192,643
Cash to seller
$61,921

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

April 2022

Original loan amount

$203,250

Est. remaining balance

$192,643

Interest rate

3.76%

Loan type

FHA, 30 year

Seller

Justice Ramirez

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?

Status: Active

Tomo last checked: 01/22/2025 at 1:00 PM

Listing updated: 01/22/2025 at 6:04 AM

Listed by: Lori A Brown, Realhome Services and Solutions Inc Phone #: (888) 876-3372

MLS: Realcomp #20250004628

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