tomo logo

$343,000

Beds
5
Baths
2.5
sq ft
2,399

5096 Velte Rd, Woodland, MI 48897

5096 Velte Rd

Woodland Twp, MI 48897

  • 60 days on market
    • Price drop $7,000↓
Homestead living is awaiting your arrival at this chic farmhouse in Woodland, Michigan. Boasting five bedrooms and three total bathrooms, this remodeled farmhouse sits on 1.72 acres and has a large 76 x 26 equipment shop/pole barn with new roof completed in 2023. Additional detached garage offers two parking spaces and garage has new doors, new siding and new roof. Home features brand new roof in 2023 and handsome new siding also in 2023. New hot water heated in 2023 and MUCH of plumbing is new. Check out the endearing farmhouse front porch - I can already see you sitting on a swing admiring your new homestead! Schedule your tour today! Chicken Coops are reserved by seller.

Details

Property type

Single Family Residence

Est. home value

$386,419

Lot size

1.72 acres

Price per sq ft

$143

Year built

1900

Annual property taxes

$2,043

Price History

10/15/2024
Realcomp

Realcomp #65024046930

Price change
$343,000
-2%
09/25/2024
Realcomp

Realcomp #65024046930

Price change
$350,000
-2.78%
09/19/2024
Realcomp

Realcomp #65024046930

Price change
$360,000
-1.37%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakewood

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

$46,226
Asking price
$343,000
Closing costs (~8% of asking)
-$27,440
Est. remaining loan balance
-$269,334
Cash to seller
$46,226

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

Seller’s Loan History

Lender

Mms Mortgage Services Ltd

Loan start date

September 2022

Original loan amount

$277,777

Est. remaining balance

$269,334

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Justin Horton and Jodi Horton

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?

Similar Homes Nearby

Price drop
Realcomp
$330,000
5 bd
|
2 ba
|
3,620 sq ft
|
House

5101 W State Rd, Middleville, MI 49333

Realcomp
$360,000
5 bd
|
1 ba
|
2,684 sq ft
|
House

5146 S M 43 Hwy, Hastings, MI 49058

Realcomp
$384,900
3 bd
|
2.5 ba
|
2,146 sq ft
|
House

2561 Algen, Middleville, MI 49333

Status: Active

Tomo last checked: 11/05/2024 at 4:10 PM

Listing updated: 10/16/2024 at 9:10 AM

Listed by: Leanne M Pratt, Bellabay Realty LLC Phone #: (616) 871-9200

MLS: Realcomp #65024046930

Realcomp logo

Recently listed in Woodland Twp

$265,000|5 bd|2.0 ba|House
$189,900|4 bd|2.0 ba|Manufactured
$343,000|5 bd|2.5 ba|House
$399,900|4 bd|2.0 ba|House