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$262,944Estimated home value

Beds
4
Baths
3.0
sq ft
1,344

5225 W Geers Rd, Mc Bain, MI 49657

5225 W Geers Rd

Riverside Twp, MI 49657

  • Sold On 7/25/2024
Nestled in the McBain countryside you will discover this 4 bedroom, 3 bath home. With 2265 sq ft of finished living space, this home features an open floor plan with vaulted ceilings. The kitchen area has new solid surface flooring and quartz countertops. The main floor primary bedroom has its own full bath, and is located on the opposite end of the home from the other 2 bedrooms. The entire home has a fresh feel and is tastefully painted. The lower walkout level offers a large rec room area, another bedroom, a full bath, and plenty of storage or workshop area. You will also find durable slate flooring throughout the lower level, and a pellet stove to offer that cozy winter feeling. Outside the tranquil backyard is tucked against a hardwoods backdrop. The new composite deck overlooks beautiful landscaping, and creates a very private setting for enjoying the outdoors. Located on a paved road north of McBain, this location makes it an easy commute to Cadillac and Lake City.

Details

Property type

Single Family Residence

Est. home value

$262,944

Lot size

1.17 acres

Price per sq ft

$257

Year built

2005

Annual property taxes

$2,016

Price History

07/24/2024
Realcomp

Realcomp #78080047586

Sold
$330,000
-4.32%
06/27/2024
Realcomp

Realcomp #78080047586

Listed
$344,900
+118.29%
07/12/2006
Realcomp

Realcomp #78001059519

Sold
$158,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mcbain

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

$302,484
Asking price
$344,900
Closing costs (~8% of asking)
-$27,592
Est. remaining loan balance
-$14,824
Cash to seller
$302,484

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

Seller’s Loan History

Lender

Phh Mortgage Corporation

Loan start date

January 2011

Original loan amount

$129,150

Est. remaining balance

$14,824

Interest rate

3.96%

Loan type

Not Provided, 15 year

Seller

Kevin G Andrews and Michele O Andrews

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 10:20 PM

Listing updated: 07/25/2024 at 10:57 PM

Listed by: Greg Bosscher, Phone #: (231) 733-3080

MLS: Realcomp #78080047586

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