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$359,000

Beds
4
Baths
1.5
sq ft
2,369

5070 E Highland Rd, Howell, MI 48843

5070 E Highland Rd

Oceola Twp, MI 48843

  • 70 days on market
    • Price drop $10,900↓
Gain Instant Equity with this charming Historic 1800's Home on 2.63 acres. Home was recently appraised for more than list price. Boasting 4 bedrooms, 1.5 Bathrooms and over 2,300 square feet of living space, the possibilities are endless. Inside, you're greeted with a bright and inviting atmosphere, filled with natural light. Many original and historic touches remain throughout the space, and may need a little TLC. This home provides a mixture of relaxation, comfort and convenience with an above ground pool, a 3 car garage, 2 car storage shed, along with blueberry bushes, apple trees and a pear tree, 2 fire pits and acres to explore. Conveniently located in Oceola Twp. with quick access to 23 and 96.

Details

Property type

Single Family Residence

Est. home value

$318,043

Lot size

2.63 acres

Price per sq ft

$152

Year built

1849

Annual property taxes

$2,824

Price History

09/04/2024
Realcomp

Realcomp #81024035189

Price change
$359,000
-2.95%
07/29/2024
Realcomp

Realcomp #81024035189

Price change
$369,900
-2.4%
07/10/2024
Realcomp

Realcomp #81024035189

Listed
$379,000
+72.27%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Howell

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

$128,084
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$202,196
Cash to seller
$128,084

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

October 2021

Original loan amount

$216,015

Est. remaining balance

$202,196

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Todd M Schultz and Dawn L Schultz

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 5:50 AM

Listing updated: 09/04/2024 at 10:41 PM

Listed by: Krista Maggard, Phone #: (734) 248-2182

MLS: Realcomp #81024035189

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