tomo logo

$245,000

Beds
3
Baths
1.5
sq ft
1,242

9247 Panama Ave, Ypsilanti, MI 48198

9247 Panama Ave

Superior Twp, MI 48198

  • 13 days on market
Welcome to this charming colonial home featuring 3 bedrooms & 1.5 bathrooms on a quiet cul-de-sac. The large living room boasts abundant natural light, creating a warm & welcoming atmosphere. Enjoy cooking in the eat-in kitchen, equipped with a newer stove (2020) & dishwasher (2021). The partially finished basement offers a family room with a cozy fireplace, as well as a bonus space for an office or den. Step outside to the expansive fenced-in backyard, ideal for outdoor activities & gatherings. Updates include exterior paint (2024), sidewalk (2023), full bathroom flooring & toilet (2023), 4 upstairs windows (2022), roof (2021), gutters (2021), attic insulation (2021), washer & dryer (2020), and a Ring doorbell/security system. Enjoy living in a prime location close to everything!

Details

Property type

Single Family Residence

Est. home value

$245,410

Lot size

0.29 acres

Price per sq ft

$198

Year built

1977

Annual property taxes

$4,757.07

Price History

11/08/2024
Realcomp

Realcomp #81024058463

Listed
$245,000
+50.77%
11/23/2020
Realcomp

Realcomp #543277063

Sold
$162,500
+30%
12/13/2016
Realcomp

Realcomp #543244782

Sold
$125,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ypsilanti

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

$84,482
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$140,918
Cash to seller
$84,482

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

November 2020

Original loan amount

$154,375

Est. remaining balance

$140,918

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Morgan G Lamonica Foley and David B Foley

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: 11/22/2024 at 4:30 AM

Listing updated: 11/08/2024 at 9:35 AM

Listed by: Brent Flewelling, The Charles Reinhart Company Phone #: (734) 747-7777

MLS: Realcomp #81024058463

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