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$248,000

Beds
3
Baths
1.0
sq ft
1,056

16788 Ida West Rd, Petersburg, MI 49270

16788 Ida West Rd

SummerfieldTownship_Monroe, MI 49270

  • 5 days on market
Located in Summerfield School District, this charming 3 bedroom home sits on two half-acre lots. The second lot is buildable and features a rustic barn with solid bones and lots of potential. No neighbors behind you?just peaceful farm fields! Full bath is roomy and has a new walk in shower surround. You'll appreciate the recent updates, new flooring throughout, plumbing (bath & kitchen), drywall in the living room, fresh paint & wallpaper, windows sealed & painted, some new electrical & all new interior doors. Sold As-Is! A perfect starter home or downsizing opportunity. Don't miss out!

Details

Property type

Single Family Residence

Est. home value

$149,432

Lot size

1.00 acres

Price per sq ft

$235

Year built

1972

Annual property taxes

$1,288.17

HOA

Yes

Price History

03/28/2025
Realcomp

Realcomp #57050169600

Listed
$248,000
+77.14%
01/23/2024
Realcomp

Realcomp #543298760

Sold
$140,000
-6.6%
12/19/2023
Realcomp

Realcomp #543298760

Pending
$149,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Summerfield

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

$93,970
Asking price
$248,000
Closing costs (~8% of asking)
-$19,840
Est. remaining loan balance
-$134,190
Cash to seller
$93,970

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

Seller’s Loan History

Lender

Barrett Financial Group Llc

Loan start date

January 2024

Original loan amount

$135,800

Est. remaining balance

$134,190

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Janice Lore

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?

Status: Active

Tomo last checked: 03/30/2025 at 7:35 PM

Listing updated: 03/28/2025 at 3:51 AM

Listed by: Stacey Erard, RE/MAX Preferred Associates Phone #: (734) 854-4000

MLS: Realcomp #57050169600

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