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$336,985Estimated home value

Beds
5
Baths
2.0
sq ft
2,184

545 Marion St, Ypsilanti, MI 48197

545 Marion St

Ypsilanti, MI 48197

  • Sold On 11/1/2024
    • Price drop $10,000↓
5 Bedroom, 2 Bath Bi-Level home located between Eastern Michigan University and University of Michigan. Excellent location for investment property. Close to schools, shopping, bus routes. Home offers 2100 + sq ft of living space, 2 living rooms w/ fireplaces, rec room, Central A/C (4 yrs old), fenced backyard w/ patio, 2 car detached garage. Water heater is 4 yrs old. Appliances included.

Details

Property type

Single Family Residence

Est. home value

$336,985

Lot size

9,583 sq ft

Price per sq ft

$147

Year built

1969

Annual property taxes

$8,285.08

Price History

10/30/2024
Realcomp

Realcomp #55024030430

Sold
$297,500
-7%
08/14/2024
Realcomp

Realcomp #55024030430

Price change
$319,900
-3.03%
07/24/2024
Realcomp

Realcomp #55024030430

Price change
$329,900
-2.94%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

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

$110,522
Asking price
$319,900
Closing costs (~8% of asking)
-$25,592
Est. remaining loan balance
-$183,786
Cash to seller
$110,522

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

March 2021

Original loan amount

$200,000

Est. remaining balance

$183,786

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kristi Hartsfield and Christopher Scott Hartsfield

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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Price drop
Realcomp
$279,000
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|
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|
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House

607 N River St, Ypsilanti, MI 48198

Status: Off Market

Tomo last checked: 11/05/2024 at 2:40 PM

Listing updated: 11/01/2024 at 4:24 PM

Listed by: BOB SONSARA, Sonsara Realty Phone #: (517) 581-8000

MLS: Realcomp #55024030430

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