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$274,900

Beds
3
Baths
1.0
sq ft
2,150

26475 W Michigan Ave, Albion, MI 49224

26475 W Michigan Ave

Sheridan Twp, MI 49224

  • Pending
Motivated Sellers! This property is listed More than $15,000 under appraised value, giving new owners instant equity! What an amazing opportunity to own a beautiful, very well maintained home with 28 acres of land. This is a Hunters Paradise, and if you have an appreciation for nature this is a must see! 3 bedrooms (could be 4 with a closet upstairs) 1 bath and a 2 1/2 car garage. A country setting located on the outskirts of Marshall and Albion, the property features ponds and an abundance of wildlife. The home was completely remodeled in 2014, the roof replaced 2019. Enjoy summers with bonfires and nature! This house will Not last at this price! Call Mike Palmer at 269-580-1515 to schedule your private tour!

Details

Property type

Single Family Residence

Est. home value

$393,206

Lot size

28.00 acres

Price per sq ft

$128

Year built

1950

Annual property taxes

$3,253.97

Price History

09/07/2024
Realcomp

Realcomp #66024005855

Pending
$274,900
08/22/2024
Realcomp

Realcomp #66024005855

Price change
$274,900
+5.77%
08/13/2024
Realcomp

Realcomp #66024005855

Price change
$259,900
-5.8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Marshall/Albion

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

$71,683
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$181,225
Cash to seller
$71,683

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

August 2019

Original loan amount

$201,188

Est. remaining balance

$181,225

Interest rate

3.75%

Loan type

FHA, 30 year

Seller

Robert Ritz Iii

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 6:10 PM

Listing updated: 09/07/2024 at 11:11 PM

Listed by: Michael B Palmer, Advanced Realty Global Phone #: (269) 381-4200

MLS: Realcomp #66024005855

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