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$975,000

Beds
3
Baths
3.5
sq ft
2,020

10442 S Cork Rd, Morrice, MI 48857

10442 S Cork Rd

Antrim Twp, MI 48857

  • 16 days on market
This exceptional 40-acre estate offers the rare chance to own both a stunning ranch home and a successful barn wedding venue that's almost fully booked through 2025. With extensive recent investments and renovations, this turnkey opportunity has all the hard work already completed for you. The heart of the craftsman home in Morrice, MI sits a well-appointed kitchen with all appliances included, complemented by a convenient laundry room and a dedicated office space—perfect for remote work or study. The expansive layout also features a 3-car attached garage for your convenience. Functioning as a beautifully designed bridal suite with a full bath, the lower level adorned with elegant wainscotting, is a perfect haven for the bridal party to prepare in style. The walk-out french doors add privacy and separation from the main house as well as natural light and a unique opportunity for first-look photos. The wedding venue includes two open-air ceremony sites, each providing a breathtaking backdrop for exchanging vows. These picturesque locations offer stunning views and a romantic setting, perfect for creating unforgettable wedding memories. On site, a climate-controlled barn, with the added benefit of a built-in bar, offers a charming yet contemporary space for your wedding and events year-round. Adjacent to the barn, the covered patio offers a spot for guests to enjoy cocktails, dining, or relaxation while staying sheltered from the elements. For added convenience, a pole barn is on the property and is the perfect place for tools and storage. This property offers an unparalleled opportunity to own a beautifully maintained home and a highly sought-after event venue. The ranch can be used for on-site living or used as part of the venue for a way to generate additional income. With everything ready for immediate operation, you can enjoy the benefit of an established location. HOME AND BUSINESS ARE FOR SALE TOGETHER , NOT OFFERED SEPARATE FROM EACH OTHER. 1.1 million total investment.

Details

Property type

Single Family Residence

Est. home value

$700,798

Lot size

40.00 acres

Price per sq ft

$483

Year built

2016

Annual property taxes

$8,757

Price History

09/03/2024
Realcomp

Realcomp #20240065327

Price change
$975,000
+2.63%
09/02/2024
Realcomp

Realcomp #20240065327

Listed
$950,000
+58.33%
01/07/2022
Realcomp

Realcomp #2210087932

Sold
$600,000
+63.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Morrice

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

$519,479
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$377,521
Cash to seller
$519,479

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

January 2022

Original loan amount

$400,000

Est. remaining balance

$377,521

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Ryan Makowski and Amy Makowski

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: 09/19/2024 at 6:00 AM

Listing updated: 09/10/2024 at 10:41 AM

Listed by: Bethany Reyes, KW Domain Phone #: (248) 590-0800

MLS: Realcomp #20240065327

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