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$599,000

Beds
3
Baths
1.5
sq ft
1,700

402 S Division St, Bellaire, MI 49615

402 S Division St

Kearney Twp, MI 49615

  • 109 days on market
Calling all developers and entrepreneurs - there are numerous possibilities for this 12-acre parcel. The current 3-bedroom/1.5 bath home with unfinished walk-out lower level can continue to be used as a single family residential dwelling for either full-time residence or as a short-term or long-term rental. The property is zoned commercial, and with the proper permits there are numerous potential income-producing opportunities. Some of these options could include a professional office, a manufactured housing community, RV park and campground, planned unit developments, or with a land division a site condominium or subdivision plat. How about a restaurant, retail outlet, storage facility, entertainment facility, vehicle sales, or watercraft storage? This property extends from M-88 back to the walking path (abandoned railroad) that wraps behind Holiday Acres, heads to the baseball fields, and flows through the town of Bellaire in the other direction.

Details

Property type

Single Family Residence

Est. home value

$285,876

Lot size

12.00 acres

Price per sq ft

$353

Year built

1965

Price History

07/19/2024
Realcomp

Realcomp #78080048482

Listed
$599,000
+71.14%
12/19/2023
Realcomp

Realcomp #78080013618

Sold
$350,000
+337.5%
11/26/2012
Realcomp

Realcomp #78001072661

Sold
$80,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bellaire

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Alden State Bank

Loan start date

November 2012

Original loan amount

$108,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Schocki Holdings Llc

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: 11/05/2024 at 4:15 PM

Listing updated: 07/22/2024 at 6:53 AM

Listed by: Jeanette Gillespie, Phone #: (231) 533-8641

MLS: Realcomp #78080048482

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