RealtyBid - Details for Property - 3408 Erie Shore Dr, Monroe, MI 48162
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Online Auction - CWCOT

3408 Erie Shore Dr

Monroe County, Monroe, MI 48162
This property was sold.
Property ID 753679

Details

  • 3 Bedrooms
  • 2 Full Baths
  • 1296 Sq Ft
  • Built in 1991
  • FirePlace
  • Gas Heat
  • 7321.0 SqFt Lot

Contingencies/Terms Offered

  • Seller reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Specific Property Disclosures:

    ** $500 CLOSING COST CREDIT FROM REALTYBID **
    RealtyBid is offering a $500 Closing Cost Credit to the winning buyer of this property upon successful purchase and close through RealtyBid.com. If a closing date extension is requested by either the buyer, buyer's lender, buyer's agent or buyer’s closing/title agent and granted by Seller, the $500.00 closing cost credit will not apply.

    No Buyer premium or Internet Transaction fee applies!
    Title will be conveyed via Quit Claim Deed and/or Special/Limited Warranty Deed, or its equivalent, on a form acceptable to Seller in Seller’s sole and absolute discretion.
    Property is subject to a RIGHT OF REDEMPTION period. The Right of Redemption expires on 02/21/2023 but is subject to be extended.
    PROPERTY IS OCCUPIED. Please note that it is unlawful to trespass on this property. Do not disturb tenant. Buyer to choose and specify the closing attorney to handle the closing.
    Seller shall pay for all municipal and public utility charges, taxes and HOA dues through the day of possession and the same will be prorated at closing. The BUYER shall pay the premium for the owner’s title insurance policy (if purchased), notary fees, conveyance and recording fees, all document preparation, survey, title fees and attorney’s fees, as well as any recordation tax and any state or local transfer tax.
    Seller will accept Cash, Hard Money Loans and Line of Credit offers. Should buyer choose to obtain other type of financing, please note that access may not be granted for inspection, appraisal and/or survey. Closing must occur within 30 days of offer approval for cash, hard money loan and line of credit offers. Closing must occur within 45 days of offer approval for finance offers.
    Seller may accept or reject any offer at their sole and absolute discretion, and reserves the right to a final review of all bids received. Seller may accept or reject any bid regardless of whether or not the reserve price has been met.
  • Covius Mortgage Solutions, LLC has agreed to give the Buyer a credit in the amount of $500.00, which is to be paid from the auction marketing fee at closing and the same to be reflected on the HUD-1 Settlement Statement or Closing Disclosure.  If a closing date extension is requested by either the buyer, buyer's lender, buyer's agent or buyer’s closing/title agent and granted by Seller, the $500.00 closing cost credit will not be given to the buyer or applied to the HUD-1 Settlement Statement or Closing Disclosure.
  • Learn About Terms for Cash and Financed Purchases

    Please note that the seller may reject your offer if you change from a "cash" purchase to a "financed" purchase after your offer has been placed.

    One-Year Forecast

    ZIP - 6.57%
    Metro - 6.57%

    Historical Growth

      Last Year 10 Year
    ZIP - 0.50% +74.83%
    Metro - 0.58% +68.85%

    Index Tools - Valuation Changes

    Below is a line graph of the indexes for this property, its ZIP Code area, and its Metropolitan Statistical Area (MSA). The graph tracks the movement of the property's value, values in the property's ZIP Code area, and values in the property's MSA over time due to market conditions.

    Note: The property index does NOT represent the value of the subject home but instead represents the relative value of the home compared to other points in time.

     
    Property Changes
     
    ZIP Code Changes
     
    Metro Changes

    ZIP Market Segments Analysis

    The homes within this ZIP Code have been sorted into four tiers based on the attribute displayed on the selected tab. For example, if the Value tab is selected, the homes are sorted into a low-end tier, a mid-low-end tier, a mid-high-end tier, and a high-end tier. Each tier features a quarter of the homes located within the ZIP Code.



    Tier 1
    1,059 Sq Ft and less
    Tier 2
    1,059 - 1,349 Sq Ft
    Tier 3
    1,349 - 1,762 Sq Ft
    Tier 4
    1,762 Sq Ft and greater


    Tier Comparison By Value Tier

    The bar chart below compares the average percentage change in value over the last year and the average forecast percentage change in value for the coming year for the four different comparison tiers.

     
     
    Last Year Change
     
    Forecast
     

    Last Year 1-Year Forecast % Rising
    Tier 1 + 3.92% - 6.08% + 0.00%
    Tier 2 + 3.69% - 6.22% + 0.00%
    Tier 3 + 3.43% - 6.40% + 0.00%
    Tier 4 + 3.19% - 6.59% + 0.00%

    Percentage Of Homes Rising By Value Tier

    The below pie charts compare the percentage of Homes Rising (defined as the percent of homes with value appreciating at a rate faster than 1.5% per year during the most recent month) within the four different tiers of homes.

    This Property Was Sold

    This property was sold on Jan 30, 2023, 04:11 PM for

    $105,000 by donaldmetzger4@gmail
    Reserve not met Bid History

    Fees

    Fee type Fee amount
    Bid Deposit $250 (More Details)
    Buyer Agent Fee $300 (Seller Pays at Closing)
    Transaction Fee NONE
    Deposit 5% or $2,000 whichever is greater.

    Bidding Questions?

    RealtyBid Customer Service (877) 518-5700

    Contact

    Customer Service *Contact Customer Service (877) 518-5700
    Important: All data on this page and other property pages is provided for informational purposes only. It is each potential buyer’s responsibility to perform their own due diligence prior to placing a bid on a property.

    AL broker license number 000126203-0