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$564,900

Beds
3
Baths
2.0
sq ft
1,875

2946 River Rd, Frankfort, MI 49635

2946 River Rd

Crystal Lake Twp, MI 49635

  • 120 days on market
    • Price drop $25,000↓
Escape to tranquility and adventure in beautiful Frankfort, Michigan. Imagine waking up on your private 9+ acre oasis with your own natural pond. This 3 bedroom home offers an escape to unwind and reconnect with nature and allows for expandability in the lower level including a multi-level deck for your enjoyment. But the adventure doesn't stop there! Explore the majestic Sleeping Bear Dunes National Lakeshore or hike the Betsie Valley Trails. Tee off at world-class courses or learn about Michigan's fisheries at the Platte River State Fish Hatchery. Pristine Lake Michigan beaches and Crystal Lake offer opportunities for water sports and relaxation. Frankfort's charming downtown beckons with unique shops, delicious restaurants, and the renowned Stormcloud Brewing Company. Explore the historic Point Betsie Lighthouse or immerse yourself in art at the Elizabeth Lane Oliver Center. This is your chance to own a piece of paradise and start living your dream life in Frankfort, Michigan. Embrace tranquility, adventure, and everything in between.

Details

Property type

Single Family Residence

Est. home value

$399,766

Lot size

9.38 acres

Price per sq ft

$302

Year built

2000

Price History

10/07/2024
Realcomp

Realcomp #78080047955

Price change
$564,900
-4.24%
09/09/2024
Realcomp

Realcomp #78080047955

Price change
$589,900
-1.67%
07/08/2024
Realcomp

Realcomp #78080047955

Listed
$599,900
+244.77%

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

$394,439
Asking price
$564,900
Closing costs (~8% of asking)
-$45,192
Est. remaining loan balance
-$125,269
Cash to seller
$394,439

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

$125,269

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?

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Status: Active

Tomo last checked: 11/05/2024 at 4:10 PM

Listing updated: 10/10/2024 at 6:51 AM

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

MLS: Realcomp #78080047955

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