tomo logo

$414,900

Beds
4
Baths
2.5
sq ft
2,244

2438 E Farrand Rd, Clio, MI 48420

2438 E Farrand Rd

Clio, MI 48420

  • 42 days on market
    • Price drop $15,100↓
Beautiful log home nestled in 7 1/2 acres of wooded land. This home features over 3000 sq ft of living space, Huge covered front porch welcomes you . A 9' fence has been installed on 4 acres around the house. A new chicken coop has been added to go with the country living. Inside the living room the ceiling soars to the peak top with rough sawn log beams. The kitchen has a island with a prep sink and plenty of counters. All appliances stay along with the new refrigerator. Primary suite is on the main floor with a large primary bath with jetted tub and shower stall and walk in closets. Upstairs 2 large bedrooms with a separate bathroom. A sitting room is at the top of the stairs. Lower level is finished with a 4th bedroom and 1/2 bath which is plumbed for a shower/tub. Large family room and walk out to the back yard. 40 x 50 ft pole barn also on the property Brand new whole house generator included in sale, This home is one of a kind. If you are looking for peaceful ,tranquil place to call home, look no further. This home is made for you.

Details

Property type

Single Family Residence

Est. home value

$378,535

Lot size

7.40 acres

Price per sq ft

$185

Year built

2003

Annual property taxes

$4,285

Price History

11/11/2024
Realcomp

Realcomp #20240076710

Price change
$414,900
-3.51%
10/10/2024
Realcomp

Realcomp #20240076710

Listed
$430,000
+10.26%
10/27/2023
Realcomp

Realcomp #5050118807

Sold
$390,000
+44.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Clio

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

$34,192
Asking price
$414,900
Closing costs (~8% of asking)
-$33,192
Est. remaining loan balance
-$347,516
Cash to seller
$34,192

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2023

Original loan amount

$351,000

Est. remaining balance

$347,516

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Sven Semmler and Svetlana Semmler

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: 11/22/2024 at 9:50 AM

Listing updated: 11/17/2024 at 2:20 PM

Listed by: Gayle M Scarth, Berkshire Hathaway HomeServices Kee Realty Oxford Phone #: (248) 628-7700

MLS: Realcomp #20240076710

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