tomo logo

$495,900

Beds
4
Baths
3.5
sq ft
2,642

1800 Glen Meadow Ln, Leonard, MI 48367

1800 Glen Meadow Ln

Addison Twp, MI 48367

  • 167 days on market
    • Price drop $19,000↓
Whether you are looking for the serene peacefulness that envelopes you as you drive up a winding path to an any family size stately colonial home softly nestled on a wooded, rolling lot, or hoping to immerse yourself in family activities, this large home w/a walk out finished basement will easily fit your lifestyle. Many updates have been completed since 2019 including a new open concept kitchen w/beautiful granite countertops & fresh concrete & landscaping in 2021. The summer heat is no match for you as you enjoy the above ground pool w/deck or barbecue & entertain on your shaded patio. The 3 stall horse barn W/a fenced pasture currently houses cute as a button chickens & ducks,(they can stay w/ the home), or you can house up to 3 horses in that area.(Check the Twp. for any updates to such ordinances) Do you prefer a different kind of horse power? Check out the attached garage & the additional 5 car mechanics dream garage ready for your boy toys. *ASSUMABLE FHA MORTGAGE @2.78%* The owners have made this fabulous reduction in their homes' price in order to provide the seller's with the funds to refurnish the upstairs of the home.

Details

Property type

Single Family Residence

Est. home value

$508,831

Lot size

4.27 acres

Price per sq ft

$188

Year built

1972

Annual property taxes

$5,834

Price History

10/09/2024
Realcomp

Realcomp #58050142756

Price change
$495,900
-3.69%
09/10/2024
Realcomp

Realcomp #58050142756

Price change
$514,900
-4.63%
08/27/2024
Realcomp

Realcomp #58050142756

Price change
$539,900
-0.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Romeo

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

$432,975
Asking price
$495,900
Closing costs (~8% of asking)
-$39,672
Est. remaining loan balance
-$23,253
Cash to seller
$432,975

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

November 2023

Original loan amount

$23,501

Est. remaining balance

$23,253

Interest rate

7.19%

Loan type

FHA, 28 year

Seller

Anthony Genova and Teresa Genova

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 11:30 AM

Listing updated: 10/09/2024 at 2:01 PM

Listed by: Marjorie Fetty, Century 21 AAA North-Macomb Phone #: (586) 677-8888

MLS: Realcomp #58050142756

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