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$289,900

Beds
6
Baths
3.5
sq ft
2,316

5815 Elmwood St, Monroe, MI 48161

5815 Elmwood St

Monroe, MI 48161

  • 147 days on market
    • Price drop $10,000↓
If space is what you are looking for then this 6 bedroom 3.5 bath home is an absolute must see! Pull up to 5815 Elmwood and instantly notice undeniable charm & curb appeal. Home features first level office, formal dinning area, family room and living room with cozy fireplace. Roam the halls to the upper levels and find room for everyone with 6 generous sized bedrooms. Screened in back porch perfect for enjoying morning coffee or entertaining the summer BBQ guest. Spacious basement offers ample storage options. Two car detached garage. This is a must see. Don't delay, schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$245,033

Lot size

0.64 acres

Price per sq ft

$126

Year built

1939

Annual property taxes

$2,249

Price History

07/07/2024
Realcomp

Realcomp #57050139897

Price change
$289,900
-3.33%
05/13/2024
Realcomp

Realcomp #57050139897

Price change
$299,900
-4.76%
04/25/2024
Realcomp

Realcomp #57050139897

Listed
$314,900
+31.21%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Monroe

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

$25,298
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$241,410
Cash to seller
$25,298

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

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

May 2023

Original loan amount

$245,160

Est. remaining balance

$241,410

Interest rate

6.42%

Loan type

VA, 30 year

Seller

Michael Mcclellan

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: 09/19/2024 at 2:45 PM

Listing updated: 07/07/2024 at 2:13 PM

Listed by: Sean D Delpaz, Pointe of Sail Realty Phone #: (734) 672-7699

MLS: Realcomp #57050139897

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