tomo logo

$299,900

Beds
5
Baths
3.0
sq ft
1,960

1500 E Waterwheel Rd, Edmore, MI 48829

1500 E Waterwheel Rd

Day Twp, MI 48829

  • 61 days on market
    • Price drop $20,000↓
Don't let this one pass you by! Home offers Plenty of room for everybody! With Very spacious rooms through out. Could be 3-6 bedrooms. (2 in lower level may or may not be legal egress windows) 6th is set up as an office with no egress. Also in the lower level there is a large room (14x32 )that could be used for an exercise room, theatre room, family room or whatever you choose. There is a full bath downstairs and an additional storage room. Upstairs offers a mud room with a breakfast room near by, An over sized Dining room, Very spacious Living room and 3 bedrooms & 2 baths. Exterior has a large deck and patio that overlook the park like back yard which offers an abundance of shade. Additional garage and shed included along with the detached garage. There is a large slab on the property and a hook up for a camper. Lots of updates within the past 10 yrs. including Appliances, flooring ,deck, windows, water heater, furnace, well pump and basement has been remodeled in 2020

Details

Property type

Single Family Residence

Est. home value

$189,216

Lot size

1.72 acres

Price per sq ft

$154

Year built

1955

Price History

10/14/2024
Realcomp

Realcomp #79080050310

Price change
$299,900
-6.25%
09/05/2024
Realcomp

Realcomp #79080050310

Listed
$319,900
+219.9%
07/24/2015
Realcomp

Realcomp #65015028127

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montabella

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

$269,246
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$6,662
Cash to seller
$269,246

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

Seller’s Loan History

Lender

Isabella Bank

Loan start date

January 2012

Original loan amount

$61,010

Est. remaining balance

$6,662

Interest rate

3.3%

Loan type

Not Provided, 14 year

Seller

Vonta M Luttrell and Vonta M Luttrell Trust

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 2:35 PM

Listing updated: 10/17/2024 at 7:50 AM

Listed by: Josh Theisen, Phone #: (989) 953-4663

MLS: Realcomp #79080050310

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