tomo logo

$540,000

Beds
3
Baths
2.0
sq ft
1,875

2946 River Rd, Frankfort, MI 49635

2946 River Rd

Crystal Lake Twp, MI 49635

  • 2 days on market
Nature's Playground at its best! This 3-bedroom home on 9+ serene acres offers more than just a peaceful retreat. The expansive lower level presents a canvas ideal for creating additional living space or income-generating potential. Imagine the possibilities: a rental unit, home office, or recreational area. Immerse yourself in the beauty of your private pond, surrounded by lush greenery and tranquil sounds. Explore the wonders of Sleeping Bear Dunes National Lakeshore, hike the Betsie Valley Trails, Ski at Crystal Mountain or tee off at world-class golf courses. The possibilities are endless.

Details

Property type

Single Family Residence

Est. home value

$399,766

Lot size

9.38 acres

Price per sq ft

$288

Year built

2000

Price History

01/20/2025
Realcomp

Realcomp #78080053629

Listed
$540,000
-4.41%
12/05/2024
Realcomp

Realcomp #78080047955

Removed
$564,900
10/07/2024
Realcomp

Realcomp #78080047955

Price change
$564,900
-4.24%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Frankfort-Elberta

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

$372,745
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$124,055
Cash to seller
$372,745

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

Seller’s Loan History

Lender

Mers

Loan start date

June 2013

Original loan amount

$170,848

Est. remaining balance

$124,055

Interest rate

3.35%

Loan type

FHA, 30 year

Seller

Daniel S Smith and Kathleen M Smith

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?

Status: Active

Tomo last checked: 01/23/2025 at 12:10 AM

Listing updated: 01/20/2025 at 12:54 PM

Listed by: Judy A Curtice-Porter, REO-TCRandolph-233022 Phone #: (231) 946-4040

MLS: Realcomp #78080053629

Realcomp logo

Recently listed in Crystal Lake Twp

$347,000|3 bd|1.0 ba|House
$829,000|4 bd|3.0 ba|House
$375,000|3 bd|3.0 ba|House
$540,000|3 bd|2.0 ba|House
listing placeholder
images coming soon