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$215,000

Beds
2
Baths
1.0
sq ft
840

16292 Penny Ave NE, Cedar Springs, MI 49319

16292 Penny Ave NE

Spencer Twp, MI 49319

  • 63 days on market
    • Price drop $5,000↓
Welcome to your tranquil retreat nestled on two acres of serene landscape. This charming ranch-style home offers a seamless open concept, ideal for modern living. With 2 bedrooms and 1 bathroom, it features a thoughtfully designed layout that maximizes space and functionality. Schedule your showing today.

Details

Property type

Single Family Residence

Est. home value

$230,059

Lot size

2.00 acres

Price per sq ft

$256

Year built

1954

Annual property taxes

$2,507

Price History

08/19/2024
Realcomp

Realcomp #65024036608

Price change
$215,000
-2.27%
07/17/2024
Realcomp

Realcomp #65024036608

Listed
$220,000
+24.29%
03/15/2021
Realcomp

Realcomp #65020049901

Sold
$177,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cedar Springs

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Coastal Community Bank

Loan start date

July 2023

Original loan amount

$9,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Credit Line (Revolving)

Seller

Tammy Velthouse

Lender

Brighton Bank

Loan start date

March 2021

Original loan amount

$170,848

Est. remaining balance

$157,335

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Tammy Ann Velthouse

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 5:45 AM

Listing updated: 08/30/2024 at 6:23 PM

Listed by: Megan K Hill, EXP Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #65024036608

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