tomo logo

$157,500

Beds
3
Baths
1.0
sq ft
1,050

59 Summit St, Pontiac, MI 48342

59 Summit St

Pontiac, MI 48342

  • 102 days on market
    • Price drop $5,400↓
This newly remodeled move-in ready, clean home boasts newly remodeled kitchen, newly remodeled, bathroom, refinished original hardwood floors, three large bedrooms, large open basement, newer furnace, newer water heater, newer roof, attached large, two car garage, great sized backyard, newer siding and windows. This home is close to great restaurants, shopping, and easy access to freeways!

Details

Property type

Single Family Residence

Est. home value

$140,562

Lot size

5,227 sq ft

Price per sq ft

$150

Year built

1943

Annual property taxes

$983

Price History

12/01/2024
Realcomp

Realcomp #20240068029

Price change
$157,500
-3.31%
09/26/2024
Realcomp

Realcomp #20240068029

Price change
$162,900
-1.21%
09/11/2024
Realcomp

Realcomp #20240068029

Listed
$164,900
+17.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

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

-$2,043
Asking price
$157,500
Closing costs (~8% of asking)
-$12,600
Est. remaining loan balance
-$146,943
Cash to seller
-$2,043

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 Research Center Llc

Loan start date

January 2023

Original loan amount

$150,220

Est. remaining balance

$146,943

Interest rate

6.31%

Loan type

VA, 30 year

Seller

Laura Jones

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?

Similar Homes Nearby

Price drop
MiRealSource
$159,999
3 bd
|
1 ba
|
1,050 sq ft
|
House

1243 Cherrylawn Dr, Pontiac, MI 48340

Price drop
Realcomp
$179,900
3 bd
|
1 ba
|
1,027 sq ft
|
House

513 Moore St, Pontiac, MI 48342

Price drop
Realcomp
$150,000
3 bd
|
1 ba
|
1,017 sq ft
|
House

155 Pingree Ave, Pontiac, MI 48342

Status: Active

Tomo last checked: 12/23/2024 at 3:00 AM

Listing updated: 12/01/2024 at 7:05 PM

Listed by: Elizabeth Waters-Scott, Real Estate For A CAUSE Phone #: (810) 344-7275

MLS: Realcomp #20240068029

Realcomp logo

Recently listed in Pontiac

$149,900|3 bd|1.0 ba|House
$174,900|3 bd|1.5 ba|House
$259,990|3 bd|2.5 ba|House
$179,900|3 bd|1.0 ba|House
$119,900|2 bd|1.0 ba|House
$129,000|2 bd|1.0 ba|House
$219,000|3 bd|2.0 ba|House
$249,900|4 bd|2.0 ba|House
$799,900|3 bd|1.0 ba|House
$84,600|1 bd|1.0 ba|House