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$159,900

Beds
3
Baths
2.0
sq ft
1,188

1550 Hotchkiss Rd, Freeland, MI 48623

1550 Hotchkiss Rd

Williams Twp, MI 48623

  • 14 days on market
    • Price drop $5,000↓
Home sweet home on Hotchkiss! This cute home has over 1,100 sq ft of living space 3 bedrooms ~ 2 baths. Primary suite has an attached bathroom with soaker tub and separate shower. Split floorplan with an two additional bedrooms and a full bathroom. All new flooring in the living room and an eat in kitchen with newer appliances. Sellers added A/C, new hot water tank, new carpet in primary bedroom, front porch and deck were recently repainted too. Great location with an attached 2 car garage, no backyard neighbors and plenty of space to roam! City water is available for a fee to tap in. Schedule your private showing today!

Details

Property type

Manufactured On Land

Est. home value

$130,519

Lot size

0.38 acres

Price per sq ft

$135

Year built

2002

Annual property taxes

$1,716

Price History

09/12/2024
Realcomp

Realcomp #61050154217

Price change
$159,900
-3.03%
09/04/2024
Realcomp

Realcomp #61050154217

Listed
$164,900
+81.21%
10/26/2018
Realcomp

Realcomp #61031359433

Sold
$91,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bay City

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

$66,838
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$80,270
Cash to seller
$66,838

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

February 2020

Original loan amount

$88,271

Est. remaining balance

$80,270

Interest rate

3.72%

Loan type

FHA, 30 year

Seller

Derrick Crain and Kimberly Crain

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: 09/19/2024 at 6:00 AM

Listing updated: 09/12/2024 at 9:41 AM

Listed by: Ashley Baynham, Berkshire Hathaway HomeServices Phone #: (989) 790-9292

MLS: Realcomp #61050154217

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