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$195,000

Beds
3
Baths
1.0
sq ft
1,396

10117 Reid Rd, Swartz Creek, MI 48473

10117 Reid Rd

Gaines Twp, MI 48473

  • Pending
Welcome to your dream home! This stunning colonial farmhouse, nestled on 2 sprawling acres neighbored by picturesque farmland, offers the perfect blend of classic charm and modern elegance. Meticulously renovated with a shabby chic modern aesthetic, this property is a rare gem that combines timeless beauty with contemporary comforts. (New flooring throughout, renovated bathroom & kitchen, new furnace, ozomax water system, new water softener, New plumbing throughout whole house, new sump pump, and new bathroom electrical) Don't miss your chance to own this enchanting property. Schedule a private tour today and experience the magic of this renovated shabby chic modern farmhouse for yourself! Home is eligible for $10,000 down payment assistance, and eligible for 0% Down, Rural Development program. Call for details.

Details

Property type

Single Family Residence

Est. home value

$175,775

Lot size

2.00 acres

Price per sq ft

$140

Year built

1954

Annual property taxes

$2,280

Price History

07/07/2024
Realcomp

Realcomp #20240040779

Pending
$195,000
06/10/2024
Realcomp

Realcomp #20240040779

Listed
$195,000
+32.2%
10/25/2021
Realcomp

Realcomp #630000259040

Sold
$147,500
+175.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Durand

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

$43,000
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$136,400
Cash to seller
$43,000

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2021

Original loan amount

$144,827

Est. remaining balance

$136,400

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Aubrey Holbeck

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: Pending/Under Contract

Tomo last checked: 07/08/2024 at 12:30 AM

Listing updated: 07/07/2024 at 6:13 PM

Listed by: Sarina Leese, Real Estate For A CAUSE Phone #: (810) 344-7275

MLS: Realcomp #20240040779

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Recently listed in Gaines Twp