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$114,900

Beds
1
Baths
1.0
sq ft
528

5434 Davison Rd, Lapeer, MI 48446

5434 Davison Rd

Elba Twp, MI 48446

  • 10 days on market
This cozy home is situated on a spacious 1-acre lot, offering plenty of potential and privacy. The layout includes one bedroom, one bathroom, a one-car garage and more. New metal roofs on both house and garage in 2023. Whether you're looking for a manageable space to make your own or an investment opportunity, this property has room to grow. Conveniently located 5 minutes from I-69 Elba rd exit. Enjoy the freedom to create your own vision!

Details

Property type

Single Family Residence

Est. home value

$101,436

Lot size

1.00 acres

Price per sq ft

$218

Year built

1958

Annual property taxes

$1,219

Price History

01/22/2025
Realcomp

Realcomp #20250004955

Listed
$114,900
+35.18%
11/13/2023
Realcomp

Realcomp #20230081138

Sold
$85,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lapeer

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

$30,067
Asking price
$114,900
Closing costs (~8% of asking)
-$9,192
Est. remaining loan balance
-$75,641
Cash to seller
$30,067

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

Seller’s Loan History

Lender

The State Bank

Loan start date

November 2023

Original loan amount

$76,500

Est. remaining balance

$75,641

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Matthew Hollis

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: 02/02/2025 at 2:00 AM

Listing updated: 01/24/2025 at 12:44 PM

Listed by: Perry Green, Legacy Realty Professionals Phone #: (810) 629-1511

MLS: Realcomp #20250004955

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