tomo logo

$265,000

Beds
2
Baths
2.0
sq ft
1,341

5776 Hampshire Ln, Ypsilanti, MI 48197

5776 Hampshire Ln

Pittsfield Twp, MI 48197

  • 30 days on market
    • Price drop $10,000↓
Beautiful and light-filled Wellesley Gardens condo! 2 Bedrooms and 2 full baths. Vaulted ceiling and hardwood floors in the open-concept main living area. Gas fireplace. Open kitchen with expansive storage and counter space. New water heater in 2023. New Furnace and A/C in 2022. Newer dryer and washer. Large primary suite. 1 car attached garage, with storage area. Association amenities include pool, hot tub, and fitness center. Close to shopping, highways, Downtown Ann Arbor, Ypsilanti and Saline.

Details

Property type

Condominium

Est. home value

$281,516

Lot size

Unknown

Price per sq ft

$198

Year built

2003

Annual property taxes

$4,661.52

Monthly HOA fee

$375

Price History

11/13/2024
Realcomp

Realcomp #81024055499

Price change
$265,000
-3.64%
10/22/2024
Realcomp

Realcomp #81024055499

Listed
$275,000
+16.03%
06/01/2021
Realcomp

Realcomp #543280135

Sold
$237,000

Schools & Community

Neighborhood: 

Wellesley Gardens

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$70,917
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$172,883
Cash to seller
$70,917

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

May 2021

Original loan amount

$186,400

Est. remaining balance

$172,883

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Jeffrey Knupp and Alyssa Sandoval

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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3057 Primrose Ln, Ypsilanti, MI 48197

Status: Active

Tomo last checked: 11/22/2024 at 4:25 AM

Listing updated: 11/13/2024 at 4:20 PM

Listed by: Brent Flewelling, The Charles Reinhart Company Phone #: (734) 747-7777

MLS: Realcomp #81024055499

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