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$260,000

Beds
3
Baths
2.0
sq ft
1,465

5055 Wilson Rd, Coloma, MI 49038

5055 Wilson Rd

Coloma Twp, MI 49038

  • 18 days on market
    • Price drop $5,000↓
Discover this beautifully updated 3-bedroom, 2-bathroom ranch home. Fully remodeled kitchen with granite countertops new flooring, not to mention new paint throughout nestled on a peaceful country lot in Coloma, Michigan, just 3 miles from the stunning beaches of Lake Michigan! Featuring modern updates throughout, this home is the perfect blend of comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$206,174

Lot size

0.96 acres

Price per sq ft

$178

Year built

1961

Annual property taxes

$3,833.46

Price History

10/29/2024
Realcomp

Realcomp #66024054947

Price change
$260,000
-1.89%
10/18/2024
Realcomp

Realcomp #66024054947

Listed
$265,000
+40.21%
05/12/2023
Realcomp

Realcomp #69023003453

Sold
$189,000
+5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Coloma

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

$77,273
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$161,927
Cash to seller
$77,273

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

Seller’s Loan History

Lender

Ruoff Mortgage Company Inc

Loan start date

February 2021

Original loan amount

$176,739

Est. remaining balance

$161,927

Interest rate

2.67%

Loan type

FHA, 30 year

Seller

Marco Lopez

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 6:30 AM

Listing updated: 11/05/2024 at 3:15 AM

Listed by: Jennifer L Emmons, RE/MAX Executive Phone #: (269) 673-3800

MLS: Realcomp #66024054947

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