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$270,000

Beds
3
Baths
2.0
sq ft
1,672

425 Schoolhouse St, Ortonville, MI 48462

425 Schoolhouse St

Ortonville Vlg, MI 48462

  • 56 days on market
    • Price drop $10,000↓
Welcome to this truly remarkable downtown farmhouse that is a combination of both historic charm and modern comfort. This 3-bedroom 2-bath has an open floor plan featuring a fireplace in the living room, pinewood floors, and a very large mud and laundry room for every need, including a lot of storage. This unique kitchen with a built-in island stove, premium appliances, custom cabinets, and counters offers every option from intimate family dining to plenty of space for entertaining. The first floor primary has a huge walk-in closet with charming barn doors. This home is nestled on ½ acres of private land that connects to a park. There is a two-car garage for storage or other endless possibilities. Relax on the covered porch with the comfort of the past. City taxes pay for street snow removal, sidewalk snow removal, sidewalk salt application, and leaf removal in the fall. “If you are looking a traditional home with a touch of yesteryear and the lifestyle of today – this is it!”

Details

Property type

Single Family Residence

Est. home value

$258,476

Lot size

0.50 acres

Price per sq ft

$162

Year built

1870

Annual property taxes

$6,643

Price History

11/07/2024
Realcomp

Realcomp #20240073784

Price change
$270,000
-3.57%
09/30/2024
Realcomp

Realcomp #20240073784

Listed
$280,000
+36.59%
09/21/2020
Realcomp

Realcomp #2200059577

Sold
$205,000
+14.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Brandon

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

$71,749
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$176,651
Cash to seller
$71,749

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

September 2020

Original loan amount

$194,750

Est. remaining balance

$176,651

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Josliyn Goebel and Matthew Goebel

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: 11/26/2024 at 3:50 PM

Listing updated: 11/07/2024 at 7:10 PM

Listed by: Ryan Eisele, Direct Properties.com Phone #: (810) 636-4440

MLS: Realcomp #20240073784

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Recently listed in Ortonville Vlg