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$130,000

Beds
2
Baths
1.0
sq ft
580

10151 Ponderosa Rd, Saint Helen, MI 48656

10151 Ponderosa Rd

Saint Helen, MI 48656

  • 108 days on market
Welcome to 10151 Ponderosa, St. Helen, MI! This charming 2-bedroom, 1-bath home has been beautifully updated with a modern touch. Nestled on a quiet street, it offers fantastic outdoor space and immediate access to nearby trails and state land—perfect for ORV enthusiasts. Enjoy Cove Beach just 5 minutes away! Currently operating as a successful short-term rental with excellent revenue potential, this property is an ideal choice whether you're seeking a weekend getaway, a source of income, or a new place to call home. Don't miss out on this versatile opportunity! BATVI

Details

Property type

Single Family Residence

Est. home value

$103,110

Lot size

0.27 acres

Price per sq ft

$225

Year built

1965

Annual property taxes

$736

Price History

09/06/2024
MiRealSource

MiRealSource #50154648

Listed
$130,000
+22.64%
06/15/2023
Realcomp

Realcomp #20230008783

Sold
$106,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Roscommon Area Public 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

$20,212
Asking price
$130,000
Closing costs (~8% of asking)
-$10,400
Est. remaining loan balance
-$99,388
Cash to seller
$20,212

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

Seller’s Loan History

Lender

Metro Mortgage Group

Loan start date

June 2023

Original loan amount

$101,134

Est. remaining balance

$99,388

Interest rate

6.43%

Loan type

FHA, 30 year

Seller

Iesha M Bowen and Shawn E Hanycz

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 5:35 AM

Listing updated: 09/07/2024 at 6:52 PM

Listed by: Jason Bowen, MJ REAL ESTATE Phone #: (615) 612-8295

MLS: MiRealSource #50154648

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