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$109,900

Beds
3
Baths
2.0
sq ft
1,836

7363 Neff Rd, Mount Morris, MI 48458

7363 Neff Rd

Mt. Morris Twp, MI 48458

  • 80 days on market
    • Price drop $10,000↓
10 ACRES!! This one is an investor special: This home needs a lot of work and has a foundation issue. Proceed with caution when viewing this home. Some flooring is a little weak in some areas. This 3 bedroom, 2 bathroom home has a new roof & updated electrical (inspected and approved by Consumer's Energy). Ready for its interior facelift, repairs, and updates. Sold as-is.

Details

Property type

Manufactured On Land

Est. home value

$222,271

Lot size

10.00 acres

Price per sq ft

$60

Year built

1998

Annual property taxes

$4,371.97

Price History

08/29/2024
Realcomp

Realcomp #5050147185

Price change
$109,900
-8.34%
07/01/2024
Realcomp

Realcomp #5050147185

Listed
$119,900
+118%
02/07/2024
Realcomp

Realcomp #20240001237

Sold
$55,000
-26.67%

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

$51,239
Asking price
$109,900
Closing costs (~8% of asking)
-$8,792
Est. remaining loan balance
-$49,869
Cash to seller
$51,239

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

Seller’s Loan History

Lender

Kay Financial Llc

Loan start date

January 2024

Original loan amount

$115,000

Est. remaining balance

$49,869

Interest rate

14%

Loan type

Not Provided, 1 year

Seller

Sunz Out Investments Llc

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: 09/19/2024 at 9:20 PM

Listing updated: 08/29/2024 at 10:28 PM

Listed by: Michael J Davidson, REMAX Right Choice Phone #: (810) 686-8667

MLS: Realcomp #5050147185

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