tomo logo

$198,500

Beds
3
Baths
1.0
sq ft
912

5407 Oak Grove Rd, Howell, MI 48855

5407 Oak Grove Rd

Howell Twp, MI 48855

  • 38 days on market
Great Investment!!! Listed way under market value for the area. Fix and flip or make it your own. Home is a diamond in the rough and has great potential. Great location close to everything on over a 1/2-acre lot, with no association. bring your tool belt and ideas to make this house a home.

Details

Property type

Single Family Residence

Est. home value

$228,597

Lot size

0.51 acres

Price per sq ft

$218

Year built

1960

Annual property taxes

$3,055

Price History

11/14/2024
Realcomp

Realcomp #20240086069

Listed
$198,500
-4.11%
04/19/2022
Realcomp

Realcomp #2220013953

Sold
$207,000

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

-$10,361
Asking price
$198,500
Closing costs (~8% of asking)
-$15,880
Est. remaining loan balance
-$192,981
Cash to seller
-$10,361

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

$192,981

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?

Similar Homes Nearby

Realcomp
$199,999
3 bd
|
1 ba
|
1,378 sq ft
|
House

9097 Silver Lake Rd, Linden, MI 48451

Realcomp
$219,900
3 bd
|
1.5 ba
|
1,466 sq ft
|
House

101 E Crane St, Howell, MI 48843

Price drop
Realcomp
$179,900
3 bd
|
2 ba
|
1,580 sq ft
|
Manufactured

6450 Prince Blvd, Fenton, MI 48430

Status: Active

Tomo last checked: 12/22/2024 at 11:20 PM

Listing updated: 12/06/2024 at 8:23 PM

Listed by: Tiffany Huff, Preview Properties PC Phone #: (810) 220-0000

MLS: Realcomp #20240086069

Realcomp logo

Recently listed in Howell Twp

$550,000|4 bd|3.0 ba|House
$289,900|3 bd|1.5 ba|House
$385,000|4 bd|2.0 ba|House
$220,000|2 bd|2.0 ba|Condo
$374,900|4 bd|2.5 ba|House
$198,500|3 bd|1.0 ba|House
$322,500|4 bd|2.0 ba|House
$489,000|3 bd|2.0 ba|House
$322,900|2 bd|2.0 ba|Condo