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$150,000

Beds
1
Baths
1.0
sq ft
800

1160 N Rich Rd, Alma, MI 48801

1160 N Rich Rd

Arcada Twp, MI 48801

  • 41 days on market
This cozy 1 bed, 1 bath home sits on a peaceful 1-acre lot in the countryside, perfect for those who enjoy a quiet setting. With about 800 square feet of living space, the home has been updated with new flooring throughout the main level and fresh cabinets in the kitchen. There's also a bonus room in the attic, offering extra space for storage or hobbies. Outside, the yard is fenced around the back and sides of the property, making it great for boundaries or outdoor activities. The property includes a large detached 2-car garage with updated siding, just like the house. A paved driveway adds convenience and a neat look. This home is a great blend of country living and modern updates!

Details

Property type

Single Family Residence

Est. home value

$125,757

Lot size

1.00 acres

Price per sq ft

$188

Year built

1960

Annual property taxes

$1,016.2

Price History

10/12/2024
Realcomp

Realcomp #79080051547

Listed
$150,000
+104.08%
07/14/2016
Realcomp

Realcomp #79001160946

Sold
$73,500
+12.04%
05/03/2012
Realcomp

Realcomp #79001128780

Sold
$65,600

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ithaca

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

$89,959
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$48,041
Cash to seller
$89,959

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

Seller’s Loan History

Lender

Mers

Loan start date

May 2012

Original loan amount

$66,938

Est. remaining balance

$48,041

Interest rate

3.92%

Loan type

Not Provided, 30 year

Seller

David C Lapointe

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: 11/22/2024 at 2:30 PM

Listing updated: 10/14/2024 at 11:07 AM

Listed by: Micah Kemler, Phone #: (989) 463-1219

MLS: Realcomp #79080051547

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