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arrowHome arrow Madison County arrow London Ranch 2 Bedroom, 0.0 Bath House MLS 5000027
 
 

London Ranch 2 Bedroom, 0.0 Bath House MLS 5000027

Neighborhoods - Madison County Real Estate
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COMPARABLE SALE
$112,000
 
Style: Single Family Detached Ranch with 2 Bedrooms, 2 Full Baths; 1,502 Square Feet;
 
This property has already sold. The following remarks were part of the original listing and are included here only for informational purposes.
       
Directions: x
 
Sold on 2003-01-16 00:00:00
Sales Price Per Square Foot: 74.567
Sales Price to List Price Percent: 100.0
 
List Price: 112,000
List Price Per Square Foot: 74.567
Original List Price: 112,000
Lot Size Front: 0
Lot Size Side: 0
Municipality: London
Parcel Number: 31-03582.034
Rooms: First Floor Master Bedroom
School District: LONDON
Seller Concessions?: n
Yearly Taxes: 1459.0
Year Built: 2002
 
TO SEE ADDITIONAL PHOTOS OF THIS COMPARABLE SALE, CALL 614-267-7676 OR EMAIL Info@MakeItGreatRealEstate.com.
 
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Real Estate Glossary

 
Negative Amortization: amortization means that monthly payments are large enough to pay the interest and reduce the principal on your mortgage. Negative amortization occurs when the monthly payments do not cover all of the interest cost. The interest cost that isn't covered is added to the unpaid principal balance. This means that even after making many payments, you could owe more than you did at the beginning of the loan. Negative amortization can occur when an ARM has a payment cap that results in monthly payments not high enough to cover the interest due.
 
Commission: an amount, usually a percentage of the property sales price that is collected by a real estate professional as a fee for negotiating the transaction. Traditionally the home seller pays the commission. The amount of commission is determined by the real estate professional and the seller and can be as much as 6% of the sales price.
 

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