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$285,000

Beds
4
Baths
2.5
sq ft
3,032

1700 Peet Rd, New Lothrop, MI 48460

1700 Peet Rd

New Lothrop, MI 48460

  • 5 days on market
This home is in the highly desired New Lothrop area siting on over 4 acers with access to the Misteguay creek, enjoy fishing and 2 tree blinds for hunting. You will find all the amenities of country living with the chicken coop and fenced in area ready for a garden to be planted. Enjoy over 3000 sq. Ft. of finished living space including 4 (possible 5) bedrooms, 2.5 full bathrooms, quaint firelit living room also a large family room and formal dining area with endless possibilities. We can't forget the moody firelit cigar room with separate access. Many updates including a new roof, boiler, bathroom renovation, paint, closet doors & flooring. Enjoy extra living space with the partially finished basement. Easy access to the 40x30 pole barn with a 220 amp service. Experience the tranquility of country living while enjoying the conveniences of near by shopping, dining and parks. Only minutes from I 75.

Details

Property type

Single Family Residence

Est. home value

$255,725

Lot size

4.20 acres

Price per sq ft

$94

Year built

1964

Annual property taxes

$3,744

Price History

03/27/2025
MiRealSource

MiRealSource #50169780

Listed
$285,000
+21.28%
12/06/2021
MiRealSource

MiRealSource #50055646

Sold
$235,000
+34.29%
06/29/2018
MiRealSource

MiRealSource #21435234

Sold
$175,000
+6.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

New Lothrop Area Public School

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

$45,237
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$216,963
Cash to seller
$45,237

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$233,100

Est. remaining balance

$216,963

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Peter Ventimiglia Jr and Brooke Ventimiglia

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: 04/01/2025 at 1:40 PM

Listing updated: 03/28/2025 at 10:11 AM

Listed by: Richelle L Kitchen, REMAX Right Choice Phone #: (810) 686-8667

MLS: MiRealSource #50169780

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