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$229,900

Beds
3
Baths
2.0
sq ft
1,655

16445 29 Mile Rd, Albion, MI 49224

16445 29 Mile Rd

Sheridan Twp, MI 49224

  • 158 days on market
    • Price drop $5,000↓
Located on over just over 3 acres of picturesque, rural land, 16445 29 Mile is move-in-ready! This charming 1655 sqft property features 3 bedrooms and 2 bathrooms, complemented by durable vinyl plank flooring throughout the living room, kitchen, and bedrooms. The spacious family room flows into the dining and kitchen areas, providing ample room for gatherings and daily living. A highlight is the door wall that opens to a large deck, perfect for enjoying the expansive outdoor space. This property is also great for hunting and wildlife viewing, adding to its natural appeal. Added convenience comes with a generator included with the home, ensuring peace of mind during any weather. Schedule a showing today! BTVAI

Details

Property type

Manufactured On Land

Est. home value

$220,521

Lot size

3.12 acres

Price per sq ft

$139

Year built

1955

Annual property taxes

$2,189

Price History

10/26/2024
Realcomp

Realcomp #20240058011

Price change
$229,900
-2.13%
10/01/2024
Realcomp

Realcomp #20240058011

Price change
$234,900
-2.08%
08/30/2024
Realcomp

Realcomp #20240058011

Price change
$239,900
-4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Albion

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

$4,370
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$207,138
Cash to seller
$4,370

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

May 2023

Original loan amount

$211,105

Est. remaining balance

$207,138

Interest rate

6.28%

Loan type

FHA, 30 year

Seller

Marcus Lee and Kayla Lee

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: 01/13/2025 at 9:20 AM

Listing updated: 12/20/2024 at 5:51 PM

Listed by: Jeff Glover, KW Professionals Phone #: (734) 459-4700

MLS: Realcomp #20240058011

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