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$109,900

Beds
2
Baths
1.0
sq ft
630

6485 N Clio Rd, Mount Morris, MI 48458

6485 N Clio Rd

Mt. Morris Twp, MI 48458

  • 56 days on market
    • Price drop $10,000↓
Charming and remodeled, this cozy two bedroom one bath home is positioned perfectly on a spacious half acre lot within the Mount Morris school district. This fully remodeled home boasts versatility as it can be perfect for a starter home, a small family home, or the perfect investment rental. Detached garage, new mechanical, new electrical, new plumbing, new flooring, and paint are just a few highlights of this home. Please join us for an open house on Sunday September 15th from 1-3pm.

Details

Property type

Single Family Residence

Est. home value

$68,230

Lot size

0.59 acres

Price per sq ft

$175

Year built

1940

Annual property taxes

$1,052

Price History

10/07/2024
Realcomp

Realcomp #5050154717

Price change
$109,900
-8.34%
09/09/2024
Realcomp

Realcomp #5050154717

Listed
$119,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mt. Morris

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

$73,795
Asking price
$109,900
Closing costs (~8% of asking)
-$8,792
Est. remaining loan balance
-$27,313
Cash to seller
$73,795

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

Seller’s Loan History

Lender

National City Mortgage Services Co

Loan start date

September 2003

Original loan amount

$55,300

Est. remaining balance

$27,313

Interest rate

5.94%

Loan type

Not Provided, 30 year

Seller

Homer J Bates 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: 11/05/2024 at 6:00 AM

Listing updated: 10/07/2024 at 4:11 PM

Listed by: Thomas Diegel, REMAX Platinum Fenton Phone #: (810) 629-5800

MLS: Realcomp #5050154717

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