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$125,000

Beds
1
Baths
1.0
sq ft
850

98 NORTH Gratiot Ave Unit 4, Mount Clemens, MI 48043

98 NORTH Gratiot Ave Unit 4

Mt. Clemens, MI 48043

  • 46 days on market
River Lofts updated open floor-plan - 1 bed, 1 bath condo in the heart of downtown Mount Clemens! This condo has newer platinum oak flooring throughout with a modern style tiled bathroom, an open kitchen with a 10ft island, dimmable LED lighting in the home, and a newer washer/dryer. The extra-large primary bedroom has large closets and plenty of storage space with direct access to your walled-in private patio. River access is included and this is a first-floor home with parking steps from your front door. Police, Fire department, and post office are one block or less away.

Details

Property type

Condominium

Est. home value

$112,855

Lot size

Unknown

Price per sq ft

$148

Year built

2004

Annual property taxes

$2,100

Monthly HOA fee

$250

Price History

10/07/2024
Realcomp

Realcomp #20240075574

Listed
$125,000
+47.06%
08/14/2019
Realcomp

Realcomp #219051082

Sold
$85,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mount Clemens

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

$38,926
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$76,074
Cash to seller
$38,926

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

August 2019

Original loan amount

$85,000

Est. remaining balance

$76,074

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Lee Simmons

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?

Status: Active

Tomo last checked: 11/23/2024 at 12:00 AM

Listing updated: 10/08/2024 at 2:01 PM

Listed by: Joshua M Gold, Max Broock, REALTORS®-Birmingham Phone #: (248) 644-6700

MLS: Realcomp #20240075574

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