tomo logo

$494,900

Beds
3
Baths
2.0
sq ft
1,571

1711 108th Ave, Otsego, MI 49078

1711 108th Ave

Otsego Twp, MI 49078

  • 39 days on market
    • Price drop $5,000↓
This custom-built 3 bedroom, 2 bath home on over peaceful 14 acres is hitting the market for only the 2nd time! The home features an open floor plan, solid oak kitchen cabinets, large walk-in pantry, main floor laundry, and basement waiting for your imagination. New furnace in 2019, which has an add-on wood furnace for financial savings. New hot water heater, washer, dryer, fridge, dishwasher, and microwave in 2021, and Gutter Guard installed in 2019. This home is just waiting for the next owner to put their personal touch on it. Enjoy the 14 plus acres of peace and quiet walking through the woods or sitting in the 3-season room or on the Trex deck off the back of the home.Property comes with 2 large outbuildings, one heated and with a paint booth for all those projects you've been wanting to do. The options for this property are limitless, hunting, homesteading, set up a at home shop... Don't wait schedule your private showing today.

Details

Property type

Single Family Residence

Est. home value

$393,432

Lot size

14.00 acres

Price per sq ft

$316

Year built

1989

Annual property taxes

$7,429

Price History

10/31/2024
Realcomp

Realcomp #65024050948

Price change
$494,900
-1%
09/27/2024
Realcomp

Realcomp #65024050948

Listed
$499,900
+24.98%
07/19/2021
Realcomp

Realcomp #66021019561

Sold
$400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Otsego

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

$120,621
Asking price
$494,900
Closing costs (~8% of asking)
-$39,592
Est. remaining loan balance
-$334,687
Cash to seller
$120,621

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

July 2021

Original loan amount

$360,000

Est. remaining balance

$334,687

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Librado G Garcia Jr and Toni Garcia

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: 11/05/2024 at 2:40 PM

Listing updated: 10/31/2024 at 11:00 AM

Listed by: Phillip VanKampen, BP Realty Phone #: (616) 379-9350

MLS: Realcomp #65024050948

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