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$215,900

Beds
3
Baths
2.0
sq ft
1,458

5829 Edgewood Blvd, Monroe, MI 48161

5829 Edgewood Blvd

Monroe Twp, MI 48161

  • Coming soon
    • Open house Jan 26
This Beautiful 3-bedroom, 2-full-bath home is situated on a premium lot, offering stunning views of the neighborhood park. The spacious interior features a bright and open living area, perfect for relaxation and entertaining. The home also features a basement, ideal for additional storage. Outdoors you will find a 2-car garage, a huge fenced yard that offers privacy, and a large deck ideal for entertaining. This home is truly a gem. Don't hesitate to make this home yours. Schedule your appointment for a tour today!

Details

Property type

Single Family Residence

Est. home value

$201,092

Lot size

0.51 acres

Price per sq ft

$149

Year built

1940

Annual property taxes

$2,235

Monthly HOA fee

$3.75

Price History

12/06/2024
Realcomp

Realcomp #20240067739

Removed
$217,000
10/20/2024
Realcomp

Realcomp #20240067739

Price change
$217,000
-1.14%
09/28/2024
Realcomp

Realcomp #20240067739

Price change
$219,500
-2.23%

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

$28,375
Asking price
$215,900
Closing costs (~8% of asking)
-$17,272
Est. remaining loan balance
-$170,253
Cash to seller
$28,375

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2022

Original loan amount

$173,375

Est. remaining balance

$170,253

Interest rate

5.3%

Loan type

New Conventional, 40 year

Seller

Kimberly Bailey and Ernest Bailey Jr

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?

Status: Coming Soon

Tomo last checked: 01/23/2025 at 4:05 PM

Listing updated: 01/23/2025 at 11:14 AM

Listed by: Sherry Perry, RE/MAX Dynamic Phone #: (734) 265-1502

MLS: Realcomp #20250004715

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