tomo logo

$355,000

Beds
5
Baths
2.0
sq ft
2,530

4550 Lakeshore Rd, Fort Gratiot, MI 48059

4550 Lakeshore Rd

Fort Gratiot Twp, MI 48059

  • 57 days on market
    • Price drop $9,900↓
Welcome to this spacious 5-bedroom, 2-bathroom home nestled in Fort Gratiot, offering a host of desirable features including a 2-car garage, workshop, and a partially finished walkout basement. Enjoy the luxury of deeded beach rights with a 1/4 ownership share of pristine sandy shoreline along Lake Huron. The kitchen is equipped with quartz countertops, stainless steel appliances, and ample pantry space for storage. Located conveniently in Fort Gratiot, residents have easy access to local amenities such as golf courses, shopping, dining, and more. Don't miss out on the opportunity to own this exceptional home—schedule your viewing today!

Details

Property type

Single Family Residence

Est. home value

$457,574

Lot size

0.39 acres

Price per sq ft

$141

Year built

1956

Annual property taxes

$6,915

Price History

08/13/2024
Realcomp

Realcomp #20240053534

Price change
$355,000
-2.71%
07/23/2024
Realcomp

Realcomp #20240053534

Listed
$364,900
+31.73%
12/16/2022
MiRealSource

MiRealSource #50084105

Sold
$277,000
+25.91%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Port Huron

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

$105,176
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$221,424
Cash to seller
$105,176

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

December 2022

Original loan amount

$225,478

Est. remaining balance

$221,424

Interest rate

7.08%

Loan type

FHA, 30 year

Seller

Tristane Payne and Eric Payne

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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4033 N River Rd, Fort Gratiot, MI 48059

Status: Active

Tomo last checked: 09/19/2024 at 3:15 PM

Listing updated: 09/18/2024 at 2:21 PM

Listed by: Dayne Davis, Berkshire Hathaway HomeServices Kee Realty Ft Gra Phone #: (810) 985-5080

MLS: Realcomp #20240053534

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