tomo logo

$369,000

Beds
4
Baths
2.5
sq ft
1,101

5070 10 Mile Rd NE, Rockford, MI 49341

5070 10 Mile Rd NE

Cannon Twp, MI 49341

  • 45 days on market
    • Price drop $10,000↓
Walk/Bike to down town Rockford! Popular floor plan boasting 4 bed/2.5 baths. Vaulted ceilings in the kitchen. Updates in the last 6 years include: Roof, Siding, Windows, all Exterior doors/slider, Patio, Gutters, Extended Driveway, Landscaping, upgraded Electrical Panel & Plumbing, Luxury kitchen & Dining Room with Built in Desk area, New flooring & carpet, Fresh paint, New upper bathroom & main 1/2 bath. Hot Water Heater/Furnace/Ac & All Appliances. Smoke detectors, Security Camera system, Programmable thermostat, New Shed outbuilding. Bonus: Extra large attached garage. Popular MVP/Downtown Rockford/Village pool are walking distance.

Details

Property type

Single Family Residence

Est. home value

$322,017

Lot size

0.24 acres

Price per sq ft

$336

Year built

1959

Annual property taxes

$3,076

Price History

11/26/2024
Realcomp

Realcomp #65024058296

Price change
$369,000
-2.64%
11/07/2024
Realcomp

Realcomp #65024058296

Listed
$379,000
+1.07%
10/29/2024
Realcomp

Realcomp #65024044922

Removed
$375,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rockford

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

$171,822
Asking price
$369,000
Closing costs (~8% of asking)
-$29,520
Est. remaining loan balance
-$167,658
Cash to seller
$171,822

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

May 2020

Original loan amount

$185,000

Est. remaining balance

$167,658

Interest rate

3.5%

Loan type

VA, 30 year

Seller

Gregory Alan Scott and Sarah Lynn Scott

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: 12/22/2024 at 11:25 AM

Listing updated: 12/14/2024 at 11:15 AM

Listed by: Brian Bartholomew, RE/MAX of Grand Rapids (FH) Phone #: (616) 957-0700

MLS: Realcomp #65024058296

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