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$178,000

Beds
3
Baths
4.0
sq ft
3,800

7390 Neff Rd, Mount Morris, MI 48458

7390 Neff Rd

Mount Morris, MI 48458

  • 473 days on market
    • Price drop $1,900↓
Motivated Seller - All Reasonable Offers will be considered, Landscaped for privacy. Room for all your toys in the huge pole barn/garage combo with workshop area and loft, all on fenced .78 acre lot. Property includes additional vacant lot (separate tax ID with road frontage on Elmcrest - total combined property approximate one acre). Updates include 14K in new flooring 2022, complete new roof 2021, 19 new Wayside Windows 2019, refinished hardwood flooring. Possession at close. Think outside the box! Do you need Mom and Dad closer? Yard has room for pool & garden. Main area of house has a small basement area, Florida room, huge kitchen, Living Room has a fireplace and plenty of elbow room for everyone. Schedule your showing appointment today.

Details

Property type

Single Family Residence

Est. home value

$242,498

Lot size

0.91 acres

Price per sq ft

$47

Year built

1940

Annual property taxes

$5,534

Price History

10/22/2024
MiRealSource

MiRealSource #50116310

Price change
$178,000
-1.06%
09/09/2024
MiRealSource

MiRealSource #50116310

Price change
$179,900
-10.05%
08/24/2024
MiRealSource

MiRealSource #50116310

Removed
$199,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mt.Morris Consolidated Schools

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

$40,195
Asking price
$178,000
Closing costs (~8% of asking)
-$14,240
Est. remaining loan balance
-$123,565
Cash to seller
$40,195

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$126,000

Est. remaining balance

$123,565

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

David Frank Alloway and Charlena Ragap

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 5:25 AM

Listing updated: 10/22/2024 at 9:30 AM

Listed by: Bethany A McNaney, Prime Real Estate Group Phone #: (810) 214-4011

MLS: MiRealSource #50116310

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