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$224,900

Beds
3
Baths
2.5
sq ft
1,978

3016 W Palmer Rd, Orleans, MI 48865

3016 W Palmer Rd

Orleans Twp, MI 48865

  • Pending
This spacious three-bedroom, 2.5-bath home is set on a .38-acre corner lot and features a two-stall garage. The home has been updated with LVP flooring, updated bathrooms, new plumbing, and electrical systems. The well tank is just 3 years old, and the furnace is only 5 years old, offering modern efficiency and peace of mind. It also includes a bar area and a backyard oasis, perfect for social gatherings and entertaining guests. Conveniently located between Belding and Ionia, it's ideal for those seeking both comfort and accessibility. Immediate possession is available at close, making this home move-in ready!

Details

Property type

Single Family Residence

Est. home value

$184,275

Lot size

0.38 acres

Price per sq ft

$114

Year built

1890

Annual property taxes

$1,105

Price History

09/13/2024
Realcomp

Realcomp #65024047613

Pending
$224,900
09/10/2024
Realcomp

Realcomp #65024047613

Listed
$224,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Belding

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

$160,526
Asking price
$224,900
Closing costs (~8% of asking)
-$17,992
Est. remaining loan balance
-$46,382
Cash to seller
$160,526

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

September 2006

Original loan amount

$73,000

Est. remaining balance

$46,382

Interest rate

6.55%

Loan type

Not Provided, 30 year

Seller

Ryan S Ritenburgh and Amanda L Ritenburgh

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: 09/19/2024 at 5:40 AM

Listing updated: 09/13/2024 at 6:21 PM

Listed by: Donna K Anders, Berkshire Hathaway HomeServices Michigan Real Esta Phone #: (616) 364-9551

MLS: Realcomp #65024047613

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