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$324,000

Beds
3
Baths
2.0
sq ft
1,600

12607 Reed Rd, Byron, MI 48418

12607 Reed Rd

Burns Twp, MI 48418

  • 75 days on market
Situated on a sprawling 5-acre lot, this Byron home is perfect for peacefulness of country living! Pulling up, you'll notice a cozy front porch and a huge detached garage. Though the garage door opener needs repair, the door can still be operated manually. In lieu of addressing this, the current owner is offering a Zero-Turn Lawn Mower to the new owner! It is an invaluable tool for the upkeep and maintenance of the expansive property!! Stepping inside, the house offers 3 beds, 2 full bathrooms with spacious living room that welcomes you with beautiful wood floors and a newly installed fireplace insert (2021). Around the corner, the eat-in kitchen is fully equipped with new appliances (2021), gorgeous wood cabinets, and plenty of space for meal prep and storage. The home's new furnace and central air system (2021) ensure that the temperature inside is always just right! When warm weather rolls back around, soak up the sun on the large back deck or take a refreshing dip on the brand new above-ground pool (2023). The surrounding yard is vast and private for outdoor activities - the ideal place for hosting family BBQ, enjoying evenings around a crackling bonfire, while taking in the peaceful sounds of nature and spotting local wildlife. The creek running through the property adds to the tranquil, picturesque setting in the wooded area! Point-of-Sale Inspection completed and conformed. Schedule a showing with your favorite agent today!

Details

Property type

Single Family Residence

Est. home value

$325,254

Lot size

5.00 acres

Price per sq ft

$203

Year built

1970

Annual property taxes

$3,253

Price History

08/22/2024
Realcomp

Realcomp #20240062651

Listed
$324,000
+44.06%
07/23/2020
Realcomp

Realcomp #5050005925

Sold
$224,900
+7.1%
12/08/2017
MiRealSource

MiRealSource #21371400

Sold
$210,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Byron

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

$103,858
Asking price
$324,000
Closing costs (~8% of asking)
-$25,920
Est. remaining loan balance
-$194,222
Cash to seller
$103,858

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

Seller’s Loan History

Lender

Dfcu Financial

Loan start date

July 2020

Original loan amount

$213,600

Est. remaining balance

$194,222

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Andrea Romano

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: 11/05/2024 at 4:15 PM

Listing updated: 10/22/2024 at 3:20 PM

Listed by: Hani Oh, Pro Realty Phone #: (734) 557-3800

MLS: Realcomp #20240062651

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