tomo logo

$699,900

Beds
3
Baths
3.0
sq ft
2,110

3543 Mitchell Rd, Lapeer, MI 48446

3543 Mitchell Rd

Elba Twp, MI 48455

  • 24 days on market
Welcome to your new home or summer cottage, nestled on roughly 2 acres of partially wooded seclusion with frontage on all sports Lake Lapeer. Lake Lapeer is one of Lapeer County's most sought after destinations. This single family home boasts 5 bedrooms, 3 full baths, finished lower level walkout to your new outdoor living area complete with patios, gazebos and heated luxury swim spa. 3 spacious bedrooms upstairs includes a master bedroom with private bath with access to the lake facing deck. The well appointed kitchen with bar and breakfast nook have views overlooking the back yard and the canal access to Lake Lapeer. 2 car attached garage an upstairs laundry provide storage and ease of house chores. 2 bedrooms, a full bath and full kitchen/den area with walkout to the private back yard are perfect for entertaining guests, a large family or a place to get away from stress. Brand new natural gas furnace and AC installed in 2024 and 2 efficient Quadrafire wood inserts make climate control easy and cost effective. Enjoy coffee or meals in your screened in gazebo overlooking the canal or enjoy a dip in your very own swim spa. Exercise in the current or relax in the jetted spa seats with enough room for the whole family. Extra large recently asphalted driveway and new roof installed in 2017.

Details

Property type

Single Family Residence

Est. home value

$742,326

Lot size

1.22 acres

Price per sq ft

$332

Year built

1989

Annual property taxes

$7,221

Price History

08/20/2024
Realcomp

Realcomp #20240061790

Listed
$699,900
+82.27%
10/05/2016
Realcomp

Realcomp #216076363

Sold
$384,000

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

$373,830
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$270,078
Cash to seller
$373,830

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$300,000

Est. remaining balance

$270,078

Interest rate

4.81%

Loan type

Not Provided, 15 year

Seller

Richard A Bell Jr and Wendy S Bell

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 2:35 PM

Listing updated: 08/31/2024 at 2:21 PM

Listed by: Josette Rabideaux, Coldwell Banker Professionals Phone #: (810) 664-8524

MLS: Realcomp #20240061790

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