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$259,000

Beds
3
Baths
1.5
sq ft
1,380

16880 Manitou Rd, Manitou Beach, MI 49253

16880 Manitou Rd

Manitou Beach, MI 49253

  • 30 days on market
Welcome home to your private Oasis cottage-like retreat sprawling on over 9 acres in the desirable Manitou Beach offering endless possibilities for outdoor activities and relaxation. This delightful ranch home offers 3 bedrooms, 1.5 bath and 2 car garage! Open concept kitchen area with formal dining room. First floor laundry. The full basement offers additional space for a 4th non-conforming bedroom. Enjoy the peace and quite while watching the wildlife on the back deck!

Details

Property type

Single Family Residence

Est. home value

$240,631

Lot size

9.27 acres

Price per sq ft

$188

Year built

1980

Annual property taxes

$1,950.31

Price History

11/23/2024
MiRealSource

MiRealSource #50161814

Listed
$259,000
+64.97%
04/24/2018
Realcomp

Realcomp #56031345596

Sold
$157,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Addison Community Schools

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

$107,257
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$131,023
Cash to seller
$107,257

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

April 2018

Original loan amount

$149,150

Est. remaining balance

$131,023

Interest rate

4.46%

Loan type

Not Provided, 30 year

Seller

Bobbie J Restis and Benjamin J Restis

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: 12/23/2024 at 6:20 AM

Listing updated: 11/27/2024 at 11:00 AM

Listed by: Shelly Gutierrez, Cornerstone Real Estate Phone #: (734) 316-5886

MLS: MiRealSource #50161814

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