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$155,000

Beds
2
Baths
1.0
sq ft
1,200

1450 Peet Rd, New Lothrop, MI 48460

1450 Peet Rd

Maple Grove Twp, MI 48460

  • Pending
    • Price drop $900↓
Quaint farm house with 2 bedrooms and one bathroom. The upstairs is one big loft room with the potential to be made into 2 bedrooms. Located on 3 country acres that includes an old hay barn, an unattached garage/shed, and chicken coup. Property has a nice hill that could double as a sledding hill in the winter and runs along the creek. Country living, but not far distance from local shopping in Clio/Montrose/Saginaw area. New lothrop schools. New septic tank and leech field in 2023. New water heater in 2023. Interior freshly painted to be move in ready. Outside is midway finished, freshly sanded and primed in 2024, just needs a color paint to finish.

Details

Property type

Single Family Residence

Est. home value

$153,330

Lot size

3.00 acres

Price per sq ft

$130

Year built

1895

Annual property taxes

$2,472

Price History

01/17/2025
Realcomp

Realcomp #20240089798

Pending
$155,000
01/01/2025
Realcomp

Realcomp #20240089798

Price change
$155,000
-0.58%
01/01/2025
Realcomp

Realcomp #20240089798

Price change
$155,900
-5.46%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

New Lothrop

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

$17,873
Asking price
$155,000
Closing costs (~8% of asking)
-$12,400
Est. remaining loan balance
-$124,727
Cash to seller
$17,873

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

October 2022

Original loan amount

$128,250

Est. remaining balance

$124,727

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Dakota M Clark and Cindy K Clark

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: 01/22/2025 at 5:10 PM

Listing updated: 01/17/2025 at 2:55 PM

Listed by: Jeff Kermath, Kermath Realty LLC Phone #: (734) 649-4903

MLS: Realcomp #20240089798

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