tomo logo

$200,000

Beds
1
Baths
1.5
sq ft
1,044

3089 Ponemah Dr, Fenton, MI 48430

3089 Ponemah Dr

Fenton, MI 48430

  • 22 days on market
Private, peaceful ranch on a half acre across the street from all sports Lake Ponemah in Fenton School District. Make the most of the summer with the Lake Ponemah Public Boat Launch just a half mile up the street. With over a half acre of property, you'll have room to relax, garden, park your boat, and tinker about in an oversized 1.5 car garage. Inside the home the entire space has been reinvisioned with added dining area, wainscoting, fresh paint and carpet throughout in addition to a top of the line twin tank water softener system with upgraded iron filter and Reverse Osmosis drinking water. The property also includes a detatched mother-in-law studio that includes full kitchen, full bath, laundry, and would be a perfect place to take care of an aging family member, excellent retreat for the young adult in your family, or simply use it for more storage. Lake ponemah public boat launch just less than a mile away, easy access to US 23 nearby, situated in award winning Fenton School System!

Details

Property type

Single Family Residence

Est. home value

$221,370

Lot size

0.54 acres

Price per sq ft

$192

Year built

1940

Annual property taxes

$2,642

Price History

12/01/2024
Realcomp

Realcomp #20240089393

Listed
$200,000
+48.15%
07/01/2019
Realcomp

Realcomp #219038477

Sold
$135,000
+28.69%
11/01/2016
MiRealSource

MiRealSource #21212532

Sold
$104,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fenton

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

$61,721
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$122,279
Cash to seller
$61,721

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

July 2019

Original loan amount

$136,363

Est. remaining balance

$122,279

Interest rate

4.07%

Loan type

New Conventional, 30 year

Seller

Samuel Sidebottom and Katherine Sidebottom

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: 12/23/2024 at 10:25 AM

Listing updated: 12/05/2024 at 6:45 PM

Listed by: Wyatt Wilson, Real Estate by Tremaine Phone #: (810) 255-1767

MLS: Realcomp #20240089393

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