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$220,000

Beds
2
Baths
2.0
sq ft
972

624 N Prospect Rd, Ypsilanti, MI 48198

624 N Prospect Rd

Ypsilanti, MI 48198

  • Pending
This delightful ranch-style home offers the perfect blend of classic charm and modern comfort. Nestled in a highly desirable location, you'll be walking distance to top-rated schools, the vibrant Depot Town, and beautiful parks. Step inside and be greeted by the classic appeal of hardwood floors, the architectural elegance of coved ceilings and two fireplaces. The fully finished basement provides additional living space, complete with a full bathroom and a large walk-in closet. A fully fenced-in yard provides a safe haven for pets and private outdoor enjoyment. Peace of mind comes with a brand new furnace and AC system installed in 2024, a newer roof from 2016, and a water heater upgraded in 2021.This charming home is move-in ready and waiting to create lasting memories for you and your family. Sellers will be keeping TV wall mounts.

Details

Property type

Single Family Residence

Est. home value

$243,615

Lot size

6,534 sq ft

Price per sq ft

$227

Year built

1947

Annual property taxes

$5,692

Price History

07/06/2024
Realcomp

Realcomp #20240032827

Pending
$220,000
05/14/2024
Realcomp

Realcomp #20240032827

Listed
$220,000
+66.67%
01/31/2018
Realcomp

Realcomp #543253691

Sold
$132,000

Schools & Community

Neighborhood: 

East Prospect Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

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

$82,941
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$119,459
Cash to seller
$82,941

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

March 2020

Original loan amount

$130,814

Est. remaining balance

$119,459

Interest rate

3.47%

Loan type

FHA, 30 year

Seller

Gregorio Dimarco

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: Pending/Under Contract

Tomo last checked: 07/07/2024 at 6:35 PM

Listing updated: 07/06/2024 at 11:03 AM

Listed by: Michael Padlo, Keller Williams Legacy Phone #: (313) 752-0000

MLS: Realcomp #20240032827

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