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$217,000

Beds
3
Baths
2.0
sq ft
1,458

5829 Edgewood Blvd, Monroe, MI 48161

5829 Edgewood Blvd

Monroe Twp, MI 48161

  • 73 days on market
    • Price drop $2,500↓
Welcome Home to 5829 Edgewood Blvd.- located in the highly sought-after Monroe Townsite Neighborhood. This Charming home has a premium lot that faces the neighborhood park. You will notice all the natural light, open concept, and stunning hardwood floors as you enter the home. 3 bedrooms, 2 full baths, updated Kitchen and Baths, and a bonus room on the main floor perfect for an office or a 4th bedroom, a basement for extra storage, and a garage. The backyard is fully private with a privacy fence and has a pup window for your puppy. There is a large deck for entertaining, a storage shed, and a fire pit to enjoy in your backyard. All appliances are included in this move-in-ready home. Don't hesitate to make your appointment today to tour this property and make this home yours.

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

$2,194

Monthly HOA fee

$3.75

Price History

10/20/2024
Realcomp

Realcomp #20240067739

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

Realcomp #20240067739

Price change
$219,500
-2.23%
09/10/2024
Realcomp

Realcomp #20240067739

Listed
$224,500

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

$29,151
Asking price
$217,000
Closing costs (~8% of asking)
-$17,360
Est. remaining loan balance
-$170,489
Cash to seller
$29,151

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

$170,489

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?

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Status: Active

Tomo last checked: 11/22/2024 at 4:50 PM

Listing updated: 11/17/2024 at 9:55 PM

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

MLS: Realcomp #20240067739

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