tomo logo

$160,000

Beds
2
Baths
1.0
sq ft
1,423

17650 Lewis Rd, Cement City, MI 49233

17650 Lewis Rd

Woodstock Twp, MI 49233

  • 41 days on market
    • Price drop $15,000↓
CAPTURE SOME EQUITY!! Opportunity to get in the country! OVER THREE ACRES. This house is seeking a new owner to finish the projects that were started. Lots have already been done. New kitchen cabinets, flooring and backsplash. Updated bathrooms, custom trim throughtout and a great room addition that is yours to complete. Home can only go cash for financing. Easy commute to US 127 yet not far into Brooklyn Proper. So much to enjoy here--the fresh lakes and rural life! LOTS OF POTENTIAL! THIS PROPERTY CAN ONLY GO CASH OR HOME IMPROVEMENT LOAN IN ITS CURRENT CONDITION. WILL NOT QUALIFY FOR CONVENTIONAL OR GOVT LOANS.

Details

Property type

Single Family Residence

Est. home value

$134,531

Lot size

3.97 acres

Price per sq ft

$113

Year built

1969

Annual property taxes

$1,551.68

Price History

11/01/2024
Realcomp

Realcomp #55024050394

Price change
$160,000
-8.57%
09/24/2024
Realcomp

Realcomp #55024050394

Listed
$175,000
+180%
07/10/2017
Realcomp

Realcomp #55021089726

Sold
$62,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Columbia

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

$96,504
Asking price
$160,000
Closing costs (~8% of asking)
-$12,800
Est. remaining loan balance
-$50,696
Cash to seller
$96,504

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

July 2017

Original loan amount

$59,375

Est. remaining balance

$50,696

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Mitchell Robinson

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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202 Trevor Trl, Onsted, MI 49265

Status: Active

Tomo last checked: 11/05/2024 at 8:50 AM

Listing updated: 11/01/2024 at 8:50 AM

Listed by: TIMOTHY CREECH, Five Star Real Estate Phone #: (517) 938-8417

MLS: Realcomp #55024050394

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