tomo logo

$599,900

Beds
3
Baths
2.0
sq ft
2,001

1341 Fero Ave NE, Lowell, MI 49331

1341 Fero Ave NE

Vergennes Twp, MI 49331

  • 5 days on market
Secluded Hobby Farm on Nearly 20 Acres with Creek!Have you ever dreamed of owning a secluded hobby farm? Now is your chance! This newly updated ranch home, lovingly brought back to life, sits on nearly 20 acres of pristine land with a picturesque creek running through it. This idyllic property offers the perfect blend of modern comfort and rustic charm.Enjoy peace of mind with new roof, electrical, well, flooring, drywall, hw heater, water softener, insulation, and deck. The home boasts 3 bedrooms and 2 full baths, providing ample space for family and guests. 2 fireplaces add warmth and character to the living spaces, creating a cozy retreat during cooler months.This is more than just a home envision a hobby farm or a private retreat - Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$449,625

Lot size

18.31 acres

Price per sq ft

$300

Year built

1943

Annual property taxes

$6,304

Price History

07/02/2024
Realcomp

Realcomp #65024033715

Listed
$599,900
+100.64%
02/12/2021
Realcomp

Realcomp #65021001872

Sold
$299,000
+119.85%
10/10/2013
Realcomp

Realcomp #65013025539

Sold
$136,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lowell

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

$289,435
Asking price
$599,900
Closing costs (~8% of asking)
-$47,992
Est. remaining loan balance
-$262,473
Cash to seller
$289,435

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

February 2021

Original loan amount

$284,050

Est. remaining balance

$262,473

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Victoria Boersma

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: 07/07/2024 at 7:00 PM

Listing updated: 07/05/2024 at 10:03 AM

Listed by: Emmett C TerBeek, Five Star Real Estate (Rock) Phone #: (616) 884-4200

MLS: Realcomp #65024033715

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