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

  • 79 days on market
This 1800’s farmhouse has been lovingly remodeled for spaciousness, effortless circulation, functionality, and aesthetic inspiration. Four bedrooms, three bathrooms, two laundries, and ample storage. South-facing sunroom adjoins a large kitchen with concrete countertops, two ovens, and two sinks. Two 50-gallon water tanks (heat one for efficiency or both for quantity). Safety features include a Moen Flo (senses atypical water usage; you can shut the water off remotely) and a Nest for smoke/fire/CO2/temperature. The yard has organic raised garden beds, compost bins, an apple tree, grape vines, back deck with a hardwired gas grill, and a brick patio. Four-bay garage with close to 1,000 square feet of windowed open floor space upstairs and new utilities: sleeved ¾” copper gas line (separate meter), 100A electric panel, 2” conduit with 60A buried electric, sleeved 1” copper water, and sewer. On a friendly street near Prospect Park, an easy walk to Depot Town but with 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

1900

Annual property taxes

$4,292

Price History

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

$377,558
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$36,442
Cash to seller
$377,558

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

$36,442

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?

Similar Homes Nearby

Price drop
MiRealSource
$439,500
4 bd
|
2.5 ba
|
3,466 sq ft
|
House

8813 Tamarack Ln, Ypsilanti, MI 48197

Price drop
Realcomp
$474,900
4 bd
|
3.5 ba
|
2,422 sq ft
|
House

6021 Eagle Trace Dr, Ypsilanti, MI 48197

Realcomp
$414,999
4 bd
|
3 ba
|
2,072 sq ft
|
House

7806 Paint Creek Dr, Ypsilanti, MI 48197

Status: Active

Tomo last checked: 07/05/2024 at 1:50 AM

Listing updated: 07/04/2024 at 5:03 PM

Listed by: Jeff Kermath, Kermath Realty LLC Phone #: (734) 649-4903

MLS: Realcomp #20240024196

Realcomp logo

Recently listed in Ypsilanti Twp

$215,000|3 bd|1.0 ba|House
$359,900|4 bd|1.0 ba|House
$375,000|3 bd|2.5 ba|House
$263,000|3 bd|1.5 ba|House
$235,000|3 bd|1.5 ba|House
$149,900|4 bd|1.0 ba|House
$245,000|3 bd|2.0 ba|House
$308,000|5 bd|5.0 ba|Condo
$245,000|3 bd|1.5 ba|House
$169,900|3 bd|1.0 ba|House