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$374,900

Beds
4
Baths
2.5
sq ft
1,985

7238 Rachel Dr, Ypsilanti, MI 48197

7238 Rachel Dr

Ypsilanti Twp, MI 48197

  • Pending
Incredibly lovely home, in highly sought after Green Farms! So many pluses here starting with well maintained hardwood floors upon entering throughout the kitchen. Lovely 2 story foyer for that wow factor. Beautiful formal dining room . All 4 bedrooms are generously sized not to mention the huge walk- in closet. Bedrooms 1 and 2 can accommodate a king sized bed with ease. Cozy up to your fireplace in the large family room. Take advantage of the basement that the sellers began to finish but did not complete. Waterproofing and electrical is done and there is plumbing for a full bath! Home comes with appliances and home warranty! This beauty won't last make your offer today! BATVAD

Details

Property type

Single Family Residence

Est. home value

$366,005

Lot size

7,405 sq ft

Price per sq ft

$189

Year built

2001

Annual property taxes

$5,978

Monthly HOA fee

$20

Price History

08/19/2024
Realcomp

Realcomp #81024035377

Pending
$374,900
07/11/2024
Realcomp

Realcomp #81024035377

Listed
$374,900
+75.6%
05/26/2016
Realcomp

Realcomp #543238323

Sold
$213,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lincoln Consolidated

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

$187,645
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$157,263
Cash to seller
$187,645

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

Seller’s Loan History

Lender

Member First Mortgage Llc

Loan start date

May 2016

Original loan amount

$191,362

Est. remaining balance

$157,263

Interest rate

3.59%

Loan type

VA, 30 year

Seller

Dennis Moten and Jessica Moten

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: 08/27/2024 at 5:00 AM

Listing updated: 08/19/2024 at 1:33 PM

Listed by: Jean Watts, Phone #: (734) 459-6000

MLS: Realcomp #81024035377

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