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$159,618Estimated home value

Beds
3
Baths
1.0
sq ft
1,364

7074 N State Rd, Davison, MI 48423

7074 N State Rd

Richfield Twp, MI 48423

  • Sold On 8/31/2024
This 3-bedroom, 1 bath Cape Cod is ready for new owners. Situated on just under 3/4-acre parcel with fenced in backyard and detached garage. The property is surrounded by trees and makes for a very secluded, private setting. New roof and AC unit in '23 and appliances are included. Unfinished basement. Schedule your showing today!!

Details

Property type

Single Family Residence

Est. home value

$159,618

Lot size

0.66 acres

Price per sq ft

$96

Year built

1940

Annual property taxes

$1,489

Price History

08/30/2024
Realcomp

Realcomp #20240043609

Sold
$137,000
+5.47%
08/24/2024
Realcomp

Realcomp #20240043609

Pending
$129,900
06/19/2024
Realcomp

Realcomp #20240043609

Listed
$129,900
+49.48%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$24,273
Asking price
$129,900
Closing costs (~8% of asking)
-$10,392
Est. remaining loan balance
-$95,235
Cash to seller
$24,273

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 Llc

Loan start date

January 2021

Original loan amount

$103,875

Est. remaining balance

$95,235

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Michael T Ray and Rachel M Ray

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: Off Market

Tomo last checked: 10/05/2024 at 11:15 PM

Listing updated: 08/30/2024 at 10:45 PM

Listed by: William McDunnah II, The Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20240043609

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