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$275,000

Beds
3
Baths
1.5
sq ft
1,661

631 Norchester St, South Lyon, MI 48178

631 Norchester St

South Lyon, MI 48178

  • 7 days on market
Welcome to this charming 3-bedroom bi-level home located in the heart of South Lyon! This delightful residence features a spacious living room and a cozy kitchen nook with a door wall that opens to a large enclosed summer room, perfect for enjoying warm days and cool evenings. The home comes fully equipped with a stove, refrigerator, microwave, washer, and dryer, making moving in a breeze. The nice backyard offers ample space for outdoor activities and gardening, and the 2-car detached garage provides convenient parking and storage options. The partially finished basement includes a half bath, adding extra convenience and potential for additional living space. Don't miss out on this lovely home that offers both comfort and practicality in a desirable neighborhood. Schedule your showing today! Generator Plug included. Newer High efficiency furnace. Water heater replaced in 2021. New microwave, dishwasher and oven in 2021. New washer and dryer in 2021.

Details

Property type

Single Family Residence

Est. home value

$283,482

Lot size

7,405 sq ft

Price per sq ft

$166

Year built

1968

Annual property taxes

$4,307

Price History

06/27/2024
Realcomp

Realcomp #20240045750

Listed
$275,000
+37.5%
08/10/2021
Realcomp

Realcomp #2210038277

Sold
$200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

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

$74,519
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$178,481
Cash to seller
$74,519

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

August 2021

Original loan amount

$190,000

Est. remaining balance

$178,481

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Cody M Mount and Angela Beebe

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: 07/04/2024 at 11:10 PM

Listing updated: 07/02/2024 at 3:03 PM

Listed by: Aaren D Currie, NextHome Statewide Real Estate Phone #: (517) 546-9060

MLS: Realcomp #20240045750

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