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$670,000

Beds
5
Baths
3.0
sq ft
1,459

917 Sylvan Ave, Ann Arbor, MI 48104

917 Sylvan Ave

Ann Arbor, MI 48104

  • 14 days on market
Income property located in a great athletic campus location. 5 bedrooms and 3 full bathrooms spread across 3 floors. First floor features a large bedroom with full bath and walk-in closet. The kitchen flows nicely into the large living room and entry. Second floor has a bonus living room or flex space in addition to two bedrooms and two more full baths & laundry facilities. Third floor has two more spacious bedrooms. Ample driveway parking, inviting backyard, central air conditioning make this an excellent home. Rented through 5/2025 at $4,375. Rental certificate good through 6/2025.

Details

Property type

Single Family Residence

Est. home value

$665,742

Lot size

4,792 sq ft

Price per sq ft

$460

Year built

1920

Annual property taxes

$13,335

Price History

09/03/2024
Realcomp

Realcomp #81024046178

Listed
$670,000
+62.62%
03/27/2015
Realcomp

Realcomp #543227985

Sold
$412,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$373,131
Asking price
$670,000
Closing costs (~8% of asking)
-$53,600
Est. remaining loan balance
-$243,269
Cash to seller
$373,131

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

Seller’s Loan History

Lender

Gtl Investments Inc

Loan start date

March 2015

Original loan amount

$307,125

Est. remaining balance

$243,269

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Young N Park and Hak O Park

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: 09/17/2024 at 11:40 PM

Listing updated: 09/13/2024 at 4:31 PM

Listed by: Jonathon Keller, Phone #: (734) 369-8239

MLS: Realcomp #81024046178

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