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$139,900

Beds
2
Baths
1.0
sq ft
1,000

10314 Dodge Rd, Otisville, MI 48463

10314 Dodge Rd

Forest Twp, MI 48463

  • 32 days on market
    • Price drop $10,000↓
Charming 2-bedroom ranch situated on a 1-acre lot, offering excellent potential for redevelopment. While the home itself is in poor condition and should be a teardown, the property includes a newer 40x40x12 pole barn in outstanding condition. The barn features a heavy-duty concrete floor, electrical, plumbing, spray foam insulation, and a newer well already connected. With a large driveway and ample parking area, this property is ideal for building a new home or placing a manufactured home. Located on a main paved road, it offers both convenience and accessibility. Rebuilding this barn today would cost significantly more than the asking price! Don’t miss this unique opportunity—call for more details!

Details

Property type

Single Family Residence

Est. home value

$136,385

Lot size

1.00 acres

Price per sq ft

$140

Year built

Unknown

Annual property taxes

$3,398

Price History

12/09/2024
Realcomp

Realcomp #20240087582

Price change
$139,900
-6.67%
11/20/2024
Realcomp

Realcomp #20240087582

Listed
$149,900
+218.94%
03/06/2020
Realcomp

Realcomp #5050003347

Sold
$47,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$90,726
Asking price
$139,900
Closing costs (~8% of asking)
-$11,192
Est. remaining loan balance
-$37,982
Cash to seller
$90,726

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

Seller’s Loan History

Lender

Republic Bank

Loan start date

April 2005

Original loan amount

$70,000

Est. remaining balance

$37,982

Interest rate

5.69%

Loan type

New Conventional, 30 year

Seller

Andrew G Limban Jr and Marilyn Limban

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 6:00 AM

Listing updated: 12/09/2024 at 3:25 PM

Listed by: Douglas F Ferrell, Realty Executives Main St LLC Phone #: (810) 667-1700

MLS: Realcomp #20240087582

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