tomo logo

$265,000

Beds
3
Baths
1.5
sq ft
1,964

3316 N Douglas Dr, Sanford, MI 48657

3316 N Douglas Dr

Jerome Twp, MI 48657

  • 36 days on market
    • Price drop $5,000↓
    • Open house Sep 21
*New Price* -Open House Sat 9/23/2024 11:30am - 1pm* Exceptional 3-Bed, 1.5-Bath Home with Potential 4th Bedroom This well-maintained property, situated on high ground in Sanford and unaffected by the 2020 dam failure, offers a prime opportunity for a new owner. The current seller has invested over $100K in top-tier updates. Recent enhancements include newly painted interiors, nearly all-new custom windows, and a new sliding door. Fresh drywall has replaced almost all the old paneling. The flooring has been upgraded with luxury carpet and Lifeproof flooring throughout. Additional updates feature a new gas fireplace insert with remote control and thermostat, updated wiring, a new electric panel with room for a backup generator, and all-new lighting fixtures. Custom Kitchen: Features brand-new appliances and high-end custom cabinetry. Landscaping and Outdoor Spaces: Includes a new 12x26 composite deck, a brand-new shed, and extensive tree removal and landscaping upgrades, including an updated sprinkler system. This exceptional home is poised for a new owner just in time for the lake's anticipated return. Don't miss your chance to own this gem with lake access. any updates to potential estimated assessments can be found at https://www.four-lakes-taskforce-mi.com/

Details

Property type

Single Family Residence

Est. home value

$218,264

Lot size

0.52 acres

Price per sq ft

$135

Year built

1971

Annual property taxes

$2,479

Price History

09/17/2024
Realcomp

Realcomp #61050151889

Price change
$265,000
-1.85%
08/30/2024
Realcomp

Realcomp #61050151889

Price change
$270,000
-3.57%
08/13/2024
Realcomp

Realcomp #61050151889

Listed
$280,000
+3.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Meridian

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

$109,797
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$134,003
Cash to seller
$109,797

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

Seller’s Loan History

Lender

Dow Cu

Loan start date

May 2023

Original loan amount

$136,000

Est. remaining balance

$134,003

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Tammy Webb

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: 09/19/2024 at 5:45 AM

Listing updated: 09/17/2024 at 10:11 AM

Listed by: Isaac Benson, Century 21 Signature Realty Midland Phone #: (989) 837-2100

MLS: Realcomp #61050151889

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