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$275,000

Beds
3
Baths
2.5
sq ft
1,552

421 Abbott St, Colon, MI 49040

421 Abbott St

Colon Twp, MI 49040

  • Pending
Charming Ranch Home on 3.24 Acres with Pond and Walkout Basement!Discover the perfect blend of comfort and nature in this inviting 3-bedroom, 2.5-bath ranch home, nestled on 3.24 acres with a shared pond. Located within walking distance to Palmer Lake public access. This property offers the best of rural living with the convenience of nearby recreation. As you step inside, you'll find a spacious living room that features a large window that brings in natural light. The completely remodeled kitchen comes with modern appliances, ample cabinetry, quartz countertops, new windows and eating area overlooking the pond. Perfect for everyday meals or entertaining guests. The master bedroom is spacious enough for your king bed and a seating area with a newly remodeled bathroom just across the hall. The walkout basement provides additional living space with new carpet that opens directly to the beautiful outdoors, offering endless possibilities for a rec room, or home gym. An added bonus is the third bedroom with large walk-in closet and ensuite. With its close proximity to Palmer Lake, this property is a nature lover's dream. Whether you're fishing, kayaking, or simply taking in the tranquil surroundings, this home offers a lifestyle that combines comfort, privacy, and outdoor adventure. Don't miss this rare opportunity to own a beautiful ranch home with acreage, a private pond, and easy access to Palmer Lake!

Details

Property type

Single Family Residence

Est. home value

$244,521

Lot size

3.24 acres

Price per sq ft

$178

Year built

1960

Annual property taxes

$3,188

Price History

11/03/2024
Realcomp

Realcomp #66024055532

Pending
$275,000
10/22/2024
Realcomp

Realcomp #66024055532

Listed
$275,000
+98.34%
06/02/2020
Realcomp

Realcomp #68020007570

Sold
$138,650
+45.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Colon

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

$157,135
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$95,865
Cash to seller
$157,135

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

Seller’s Loan History

Lender

Oak Mortgage Llc

Loan start date

December 2019

Original loan amount

$106,000

Est. remaining balance

$95,865

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Carrie A Mangold and Carrie A Steinburg

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 9:45 AM

Listing updated: 11/04/2024 at 11:00 AM

Listed by: Tara L Belcher, Keller Williams Kalamazoo Market Center Phone #: (269) 324-3600

MLS: Realcomp #66024055532

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