tomo logo

$308,000

Beds
4
Baths
1.5
sq ft
1,745

1346 E Olson Rd, Midland, MI 48640

1346 E Olson Rd

Homer Twp, MI 48640

  • 32 days on market
YOUR OASIS AWAITS ON OLSON! Nestled on a serene 2-acre lot just minutes from downtown Midland, this updated Cape Cod home offers the perfect blend of country charm and modern convenience. A spacious wrap-around porch invites you to relax and soak in the peaceful surroundings during Michigan's warmer months. Step inside to discover an inviting living and dining area, as well as a convenient main-floor primary bedroom featuring brand-new carpeting. The kitchen opens up with lovely views of the backyard's patios and pergolas. The breezeway connecting the house and the attached 2.5-car garage provides a functional space for storing shoes, coats, and bags. Upstairs, you'll find two generous bedrooms and a versatile storage area at the top of the stairs. The basement offers even more living space with a cozy family room, complete with a stone fireplace, and a fourth bedroom with an egress window. Recent updates include new vinyl plank flooring throughout the main level and basement, fresh carpet on the stairways, and all-new electrical outlets and light switches. Outside, the property shines with a newer pole building featuring its own covered porch, ideal for storage, hobbies, or outdoor projects. Located just across the street from the Tittabawassee River, this home provides scenic views and easy access to outdoor recreation. With fresh paint throughout much of the home and numerous updates, this property is ready for you to move in and make it your own. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$275,235

Lot size

2.00 acres

Price per sq ft

$177

Year built

1961

Annual property taxes

$2,939.71

Price History

11/21/2024
Realcomp

Realcomp #61050161609

Listed
$308,000
+10%
10/26/2023
Realcomp

Realcomp #61050117359

Sold
$280,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Midland

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

$7,468
Asking price
$308,000
Closing costs (~8% of asking)
-$24,640
Est. remaining loan balance
-$275,892
Cash to seller
$7,468

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2023

Original loan amount

$278,900

Est. remaining balance

$275,892

Interest rate

7.12%

Loan type

VA, 30 year

Seller

Zachary Sanborn and Carrie Chamberlain

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: 12/23/2024 at 2:15 PM

Listing updated: 12/20/2024 at 12:30 PM

Listed by: Kyle Boxey, Modern Realty Phone #: (989) 486-9770

MLS: Realcomp #61050161609

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