tomo logo

$450,000

Beds
4
Baths
3.0
sq ft
2,930

944 E Forest Ave, Ypsilanti, MI 48198

944 E Forest Ave

Ypsilanti Twp, MI 48198

  • 114 days on market
This home's history as an 1800's farmhouse shows in the gracious feel of its high ceilings and tall windows; its present reflects the vision of an architecturally trained and experienced artist who prizes safety, functionality, and flexibility along with unique sculptural elements. The first floor is now open plan, with a south-facing sunroom flowing into a large kitchen (with concrete countertops, two ovens, and two sinks), and from there to generous dining and gathering spaces alongside a bedroom (with its own entrance), full bath, and laundry. You might see joy, life, seafoam, or champagne bubbles in the stair rail. When you get upstairs, luxuriate in the primary suite's separate sitting area or its 7? x 6? spa shower, take advantage of the second laundry, or hang out in the treehouse-feeling fourth bedroom. Satisfy your practical side with the ample storage, closet organizer systems, the ability to heat either 50 or 100 gallons of water, top-down/bottom-up shades, and safety features like the Moen Flo and a Nest. The yard has organic raised garden beds, an apple tree, grape vines, a back deck with a hardwired gas grill, and a brick patio. Use/finish the outbuilding however you wish. It includes nearly 1,000 square feet of open floor space with dormers and new utilities (electric, gas, water, and sewer) as well as a 4 bay garage. On a friendly street near Prospect Park, walk just 20 minutes to Depot Town or the Corner Brewery while enjoying lower Township taxes.

Details

Property type

Single Family Residence

Est. home value

$348,397

Lot size

0.43 acres

Price per sq ft

$154

Year built

1895

Annual property taxes

$4,549

Price History

07/13/2024
Realcomp

Realcomp #20240050487

Listed
$450,000
07/12/2024
Realcomp

Realcomp #20240024196

Removed
$450,000
04/16/2024
Realcomp

Realcomp #20240024196

Listed
$450,000

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

$381,049
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$32,951
Cash to seller
$381,049

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2012

Original loan amount

$139,903

Est. remaining balance

$32,951

Interest rate

2.85%

Loan type

New Conventional, 15 year

Seller

Melissa S Bertram and Melissa Chapman

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 10:30 AM

Listing updated: 08/16/2024 at 10:23 AM

Listed by: Michael J Krausman, Luxury Living Real Estate Phone #: (248) 342-6516

MLS: Realcomp #20240050487

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