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$275,000

Beds
3
Baths
2.0
sq ft
1,424

10017 M 115, Cadillac, MI 49601

10017 M 115

Clam Lake Twp, MI 49601

  • 43 days on market
This charming 3 bedroom home sits right off of M-115 and offers you all of the seclusion you would find on a back road. Nearly four wooded acres boasting 1900 sq ft of living space with an internal garage. 3 bedrooms + 1 bathroom upstairs, laundry and bonus bath downstairs with additional office or gym space. The home is heated with wood via outdoor wood burner or indoor fireplace and a fuel oil furnace. Enjoy the view of the open yard from your front porch or soak up the privacy from your hot tub built in to the back deck. Out back you will find a storage shed with water hook up and a spot for you to park all your extra vehicles or RV. This home is located only 5 minutes from town and offers families in district schooling with Cadillac Area Schools.1.5hr to Grand Rapids, 1 hr to Traverse

Details

Property type

Single Family Residence

Est. home value

$166,363

Lot size

3.76 acres

Price per sq ft

$194

Year built

1955

Annual property taxes

$2,500

Price History

10/09/2024
Realcomp

Realcomp #67024053338

Listed
$275,000
+125.41%
10/20/2015
Realcomp

Realcomp #78001149784

Sold
$122,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cadillac

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

$120,917
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$132,083
Cash to seller
$120,917

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2019

Original loan amount

$147,000

Est. remaining balance

$132,083

Interest rate

4.41%

Loan type

FHA, 30 year

Seller

Adam Carpenter

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: 11/22/2024 at 3:35 PM

Listing updated: 10/12/2024 at 2:26 PM

Listed by: Jenna Mahoney, Essential Real Estate Phone #: (231) 299-1180

MLS: Realcomp #67024053338

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