tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
2,392

3385 Burnside Rd, Otter Lake, MI 48464

3385 Burnside Rd

Marathon Twp, MI 48464

  • 2 days on market
Horse, cattle, or goat lovers - this is what you've been waiting for! Ok, maybe you just want a great space in the country for growing your own produce, a mini farm or whatever your heart desires. This amazing working farm, complete with a 2300sqft home, sits on 10 acres with has a large pasture with snag free electric fencing that also have solar power! The garage is set up for everything you need - 3 phase 220 power & a woodburner. There's hay storage, outdoor riding arena, and a pond too. So much to do here. The large home has a metal roof, main floor primary suite and laundry. There;s also a great covered back patio. You also won't want to miss the most amazing walk-in shower ever! Better schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$329,230

Lot size

10.06 acres

Price per sq ft

$143

Year built

1995

Annual property taxes

$4,142

Price History

03/12/2025
Realcomp

Realcomp #61050168517

Listed
$340,000
+4.62%
06/13/2023
Realcomp

Realcomp #20230029661

Sold
$325,000
+76.15%
07/07/2017
Realcomp

Realcomp #217032362

Sold
$184,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$169
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$312,631
Cash to seller
$169

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

Seller’s Loan History

Lender

Simple Home Lending Llc

Loan start date

June 2023

Original loan amount

$319,113

Est. remaining balance

$312,631

Interest rate

6.43%

Loan type

FHA, 30 year

Seller

Tristin Medeiros and Lucas Davis

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?

Status: Active

Tomo last checked: 03/15/2025 at 11:25 AM

Listing updated: 03/12/2025 at 4:19 PM

Listed by: Monique Gilbert, Monique Gilbert, Keller William PreferredKeller William Preferred Phone #: (989) 792-8200

MLS: Realcomp #61050168517

Realcomp logo

Recently listed in Marathon Twp

$340,000|3 bd|2.0 ba|House
$197,500|3 bd|1.0 ba|House
$245,000|3 bd|1.0 ba|House
$290,000|3 bd|3.0 ba|House