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$205,000

Beds
4
Baths
2.0
sq ft
1,535

7221 Timberwood Dr, Davison, MI 48423

7221 Timberwood Dr

Davison Twp, MI 48423

  • 50 days on market
    • Price drop $10,000↓
Great Davison schools family home with 4beds, 2baths, family & Livingroom. The basement is ideal for storage, gym, gaming! The master bedroom has a private entry to main bath plus private vanity/sink area. There are 3 bedrooms on the upper floor & 1 bedroom off the family room & right next to another full bath, which could work well for extended family & guests! Living room is bright & sunny w/a big bay window. Family room has a cozy brick gas fireplace & natural hardwood floors. Fenced yard has a large deck w/slider off diningroom for summertime picnics & backs up to woods for a private, comfortable setting! Wide 2 car garage + a barn in back give plenty of options for workshop & more storage.

Details

Property type

Single Family Residence

Est. home value

$224,033

Lot size

0.31 acres

Price per sq ft

$134

Year built

1977

Annual property taxes

$3,669

Price History

12/29/2024
Realcomp

Realcomp #20240089682

Price change
$205,000
-4.65%
12/02/2024
Realcomp

Realcomp #20240089682

Listed
$215,000
+25%
03/26/2021
MiRealSource

MiRealSource #50034390

Sold
$172,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kearsley

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

$34,078
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$154,522
Cash to seller
$34,078

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

March 2021

Original loan amount

$168,884

Est. remaining balance

$154,522

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Johnny L Aviles Jr and Karissa Aviles 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: 01/22/2025 at 9:05 AM

Listing updated: 01/03/2025 at 2:30 PM

Listed by: Zack Lessner, New Michigan Realty Phone #: (810) 202-1200

MLS: Realcomp #20240089682

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