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$305,836Estimated home value

Beds
4
Baths
3.0
sq ft
1,811

311 Old Farm Ln, Lapeer, MI 48446

311 Old Farm Ln

Lapeer, MI 48446

  • Sold On 8/22/2024
One of the nicest custom built homes with original owners in lovely Andrew's River Estates! An open concept living space greets you as you enter through a covered porch to the spacious great room with lovely decor. Raised breakfast bar in a bright kitchen with all stainless steel appliances, granite counters and added granite island, generous pantry and crown molding. An airy feel as you walk through to the raised Trex multi-level deck for entertaining in an outdoor "living" room, dining area and bbq station. An available first floor bedroom and bath or utilize for an office! The second floor offers a large primary bedroom with bath, two additional bedrooms, bath and a wonderful loft family room. Very interesting design! Full basement for storage or ready for your finishes with a convenient egress window. Beautiful property, wonderful private yard and you can hike through a 1/4 acre of woods to view the river. A new 10x12 vinyl shed for storing lawn equipment or bikes. This is a winner winner chicken dinner!

Details

Property type

Single Family Residence

Est. home value

$305,836

Lot size

0.47 acres

Price per sq ft

$188

Year built

2021

Annual property taxes

$3,640

Price History

08/21/2024
Realcomp

Realcomp #20240045868

Sold
$325,000
-4.38%
08/14/2024
Realcomp

Realcomp #20240045868

Pending
$339,900
06/27/2024
Realcomp

Realcomp #20240045868

Listed
$339,900
+26.83%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lapeer

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

$81,994
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$230,714
Cash to seller
$81,994

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

Seller’s Loan History

Lender

Inspire Home Loans Inc

Loan start date

November 2021

Original loan amount

$244,567

Est. remaining balance

$230,714

Interest rate

3.05%

Loan type

VA, 30 year

Seller

Douglas Richard Rogers and Melissa Ann Rogers

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: Off Market

Tomo last checked: 08/27/2024 at 5:30 AM

Listing updated: 08/22/2024 at 8:09 PM

Listed by: Carole Porretta, Coventry Realty LLC Phone #: (810) 678-2288

MLS: Realcomp #20240045868

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