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$242,500

Beds
3
Baths
1.5
sq ft
1,707

10071 Torrey Rd, Fenton, MI 48430

10071 Torrey Rd

Fenton, MI 48430

  • 47 days on market
    • Price drop $17,400↓
This comfortable ranch features 3 bedrooms, 1.5 baths with oak hardwood floors, a brand new kitchen with granite countertops, a pantry, soft close cupboards and new LVP floor. Enjoy the backyard from your large covered deck. The house is situated on almost a half an acre in a country setting, but conveniently located near US-23 and I-75-close to hospitals, shopping and restaurants. The partially finished lower level offers an extra space for a family room or non-conforming bedroom and a half bath. 2 car attached garage has plenty of space for a workbench. Wired for easy generator hook-up. Sump pump has a back-up battery system. Reverse osmosis, underground pet fence with a collar. Ductwork cleaned in 2023. Low Mundy Township taxes in Lake Fenton School district. Enough space to be comfortable, but not too much to maintain. The base/floor for a shed is tarped in the backyard. The seller is offering a $2,500 concession at close to go toward Buyer's choice of improvements, fresh paint, a new shed, repairs or any costs.

Details

Property type

Single Family Residence

Est. home value

$223,072

Lot size

0.47 acres

Price per sq ft

$143

Year built

1966

Annual property taxes

$1,938

Price History

12/07/2024
MiRealSource

MiRealSource #50160439

Price change
$242,500
-6.69%
11/06/2024
MiRealSource

MiRealSource #50160439

Listed
$259,900
+85.63%
09/26/2016
Realcomp

Realcomp #216090959

Sold
$140,012

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Fenton Schools

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

$100,847
Asking price
$242,500
Closing costs (~8% of asking)
-$19,400
Est. remaining loan balance
-$122,253
Cash to seller
$100,847

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

February 2023

Original loan amount

$125,000

Est. remaining balance

$122,253

Interest rate

6.27%

Loan type

New Conventional, 30 year

Seller

Kathleen Ellis and Denise Ruddy

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: 12/23/2024 at 7:10 AM

Listing updated: 12/07/2024 at 1:10 PM

Listed by: Cyndi R Perez, BettyWalkerRealty.com Phone #: (810) 936-0860

MLS: MiRealSource #50160439

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