tomo logo

$125,000

Beds
3
Baths
1.0
sq ft
837

5215 E Pine Rd, Edmore, MI 48829

5215 E Pine Rd

Home Twp, MI 48829

  • 68 days on market
    • Price drop $10,000↓
Investment opportunity! If you're looking for a rental to own, look no further. This rental currently holds a lease until August of 2026. Call for details.

Details

Property type

Single Family Residence

Est. home value

$96,225

Lot size

0.61 acres

Price per sq ft

$150

Year built

1920

Annual property taxes

$716.44

Price History

01/17/2025
Realcomp

Realcomp #65024059694

Price change
$125,000
-7.41%
11/15/2024
Realcomp

Realcomp #65024059694

Listed
$135,000
+610.53%
06/29/2017
MiRealSource

MiRealSource #21269619

Sold
$19,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montabella

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

$95,058
Asking price
$125,000
Closing costs (~8% of asking)
-$10,000
Est. remaining loan balance
-$19,942
Cash to seller
$95,058

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

Seller’s Loan History

Lender

Centennial Mortgage & Funding Inc

Loan start date

July 2007

Original loan amount

$30,900

Est. remaining balance

$19,942

Interest rate

6.42%

Loan type

Not Provided, 30 year

Seller

Steven Jensen

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: 01/22/2025 at 10:10 PM

Listing updated: 01/22/2025 at 2:04 PM

Listed by: Heidi Canfield, Bellabay Realty LLC Phone #: (616) 871-9200

MLS: Realcomp #65024059694

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