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$250,000

Beds
2
Baths
1.0
sq ft
1,070

5129 W Temperance Rd, Ottawa Lake, MI 49267

5129 W Temperance Rd

Ottawa Lake, MI 49267

  • 27 days on market
    • Price drop $10,000↓
Charming and welcoming, this delightful 2-bedroom, 1-bathroom residence perfectly combines the peace of country living with the convenience of city life. Set in a tranquil rural area yet just a short drive from urban amenities, this property is perfect for those desiring the best of both worlds. This home includes a spacious attached 2-car garage, offering plenty of parking and storage. For hobbyists or those needing extra workspace, there is also a separate detached garage/workshop, ideal for projects or additional storage. Take some time to relax and enjoy the above-ground pool, a perfect place for summer gatherings or leisurely afternoons. Inside, the expansive kitchen boasts ample counter space and cabinets, making meal prep a pleasure. With plenty of storage options throughout the house, staying organized will be easy. This property is ready for you to move in and begin creating cherished memories. Don't miss out on the chance to call this charming house your new home!

Details

Property type

Single Family Residence

Est. home value

$227,165

Lot size

0.48 acres

Price per sq ft

$234

Year built

1958

Annual property taxes

$2,582

Price History

11/05/2024
MiRealSource

MiRealSource #50157766

Price change
$250,000
-3.85%
10/23/2024
MiRealSource

MiRealSource #50157766

Price change
$260,000
-3.7%
10/09/2024
MiRealSource

MiRealSource #50157766

Listed
$270,000
+28.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Whiteford Agricultural Schools

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

$93,844
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$136,156
Cash to seller
$93,844

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2022

Original loan amount

$140,000

Est. remaining balance

$136,156

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Robert Charles Peacock Iii and Tracy Helene Peacock

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 2:50 PM

Listing updated: 11/05/2024 at 11:30 AM

Listed by: Amber Peacock, American Associates REALTORS Phone #: (810) 579-3333

MLS: MiRealSource #50157766

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Recently listed in Ottawa Lake