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$180,000

Beds
4
Baths
2.5
sq ft
2,400

4554 Colwood Rd, Unionville, MI 48767

4554 Colwood Rd

Elmwood Twp, MI 48767

  • 260 days on market
    • Price drop $19,900↓
Step back in time and embrace the timeless charm of this beautifully remodeled early 1900s farm home, nestled on a private 2-acre lot. This 4-bedroom, 2.5-bathroom home offers a unique opportunity, can be configured as two separate living quarters with a one-bedroom, one-bathroom suite on the main floor, and a spacious three-bedroom, 1.5-bathroom suite on the second floor. Or use it as a large single-family home, offering flexibility to suit your needs.The home boasts an array of features that pay homage to its historical roots while incorporating modern conveniences. Inside, you'll discover abundant closet space, original built-ins, and custom-crafted shelving, complemented by beautiful hardwood floors and two well-appointed kitchens. Most notably, the original woodwork, meticulously preserved since its construction, adds a sense of character and elegance throughout.A substantial renovation in 1998 brought this home to life, with updates down to the studs ensuring a solid foundation for your dreams. The partially finished basement offers a unique touch, a cedar steam shower in the former cistern, adding a touch of luxury to your daily routine.Beyond the main residence, the property features two additional structures: a 24x36 stick-built barn with a 12' tall overhead garage door, gambrel trusses, 220 power, and a lift to the second floor, providing endless possibilities for workshops or storage. There's also a 54x40 partially enclosed pole barn with an 18' center height and a durable metal roof, suitable for a variety of uses.Plenty of mature apple trees, offering a bounty of delicious fruit. Enjoy the serenity of the outdoors from the expansive wrap-around porch, the perfect spot for morning coffee or evening relaxation.If you are looking to create your dream home filled with history and character or seeking a lucrative income property opportunity, this versatile property invites you to add your personal touch and make it your own! Recently back on market due to buyer financing falling through. A fresh price imp

Details

Property type

Single Family Residence

Est. home value

$274,514

Lot size

2.01 acres

Price per sq ft

$75

Year built

1920

Annual property taxes

$1,751

Price History

08/28/2024
Realcomp

Realcomp #81024000913

Price change
$180,000
-9.95%
08/21/2024
Realcomp

Realcomp #81024000913

Listed
$199,900
06/04/2024
Realcomp

Realcomp #81024000913

Pending
$199,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cass City

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

Arbor Mortgage Corp

Loan start date

February 2006

Original loan amount

$171,000

Est. remaining balance

Not provided

Interest rate

7.94%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

James T Moore and Sara K Moore

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: 09/19/2024 at 3:35 PM

Listing updated: 09/06/2024 at 5:51 PM

Listed by: Ronald Dukarski-French, Phone #: (248) 971-1010

MLS: Realcomp #81024000913

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