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$219,900

Beds
3
Baths
2.0
sq ft
1,248

12690 Bailey Rd, Ravenna, MI 49451

12690 Bailey Rd

Moorland Twp, MI 49451

  • Pending
Newly remodeled 3 bedroom, 2 bathroom home on over 5 acres of rolling hills and woods. Home features an open concept living area with wood burning living room fireplace, newer appliances, floating plank flooring in kitchen and living room, and three large, main floor bedrooms with walk-in closet space. The full walkout basement features a sliding to door to a large deck overlooking the wooded back acreage, as well as a partially finished office and/or additional bedroom, and a separate 12x15 room previously used as a workshop. Owner has hunted the back property and boasts of numerous deer, turkey, fox, and small game waiting for the next nature enthusiasts!

Details

Property type

Manufactured On Land

Est. home value

$175,639

Lot size

5.10 acres

Price per sq ft

$177

Year built

1987

Annual property taxes

$2,468

Price History

08/30/2024
Realcomp

Realcomp #65024036191

Pending
$219,900
07/15/2024
Realcomp

Realcomp #65024036191

Listed
$219,900
07/12/2024
Realcomp

Realcomp #65024033830

Removed
$219,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ravenna

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

$120,165
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$82,143
Cash to seller
$120,165

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

June 2022

Original loan amount

$85,000

Est. remaining balance

$82,143

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Jason Banning

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 11:50 AM

Listing updated: 08/30/2024 at 4:23 PM

Listed by: Denise A Kleis, Bergrand Realty Phone #: (800) 799-7093

MLS: Realcomp #65024036191

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