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$279,900

Beds
3
Baths
1.0
sq ft
1,064

3440 W Sanborn Rd, Lake City, MI 49651

3440 W Sanborn Rd

Forest Twp, MI 49651

  • 44 days on market
This 3-bedroom, 1 bath home offers privacy and seclusion, the ability to jump on a trail system from the driveway, yet it is on a dead-endpaved road only a few miles from Downtown Lake City. The home is nestled up a slight hill surrounded by hardwoods. The nine-acreparcel has trails throughout it for enjoying nature. The home features new windows on the front side of the home, new appliances, newwater heater, and fiber internet soon to be available at the road. The main floor has a beautiful stone fireplace as the center piece andoffers a main floor bedroom. Upstairs there are two more bedrooms and plenty of closet storage. Outside you will find a storage shed, anoutdoor wood boiler and wood storage shed, and the pole barn with workshop area and a bonus finished living space upstairs. The The viewsfrom the back deck offer plenty of peaceful evenings. This property would make a nice and quiet full-time home or a great "UpNorth"getaway.

Details

Property type

Single Family Residence

Est. home value

$200,887

Lot size

9.13 acres

Price per sq ft

$264

Year built

1978

Annual property taxes

$1,632

Price History

07/31/2024
Realcomp

Realcomp #72024039417

Listed
$279,900
+112.05%
02/05/2018
Realcomp

Realcomp #78001171071

Sold
$132,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake City

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

$179,748
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$77,760
Cash to seller
$179,748

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

May 2013

Original loan amount

$105,100

Est. remaining balance

$77,760

Interest rate

3.57%

Loan type

Not Provided, 30 year

Seller

Michael L Schneider Jr and Tracy L Schneider

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: 09/13/2024 at 5:45 PM

Listing updated: 08/19/2024 at 6:03 PM

Listed by: Greg Bosscher, Five Star Real Estate Cadillac Phone #: (231) 842-1200

MLS: Realcomp #72024039417

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