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$3,000,000

Beds
5
Baths
3.0
sq ft
3,262

5377 W R Ave, Schoolcraft, MI 49087

5377 W R Ave

Texas Twp, MI 49087

  • 321 days on market
Don't miss out on this one-of-a-kind estate! You won't find many horse properties like this in the state of MI! This property sits on just under 50 acres and approx 2,000 ft of water frontage on Weeds Lake. No expense was spared with the riding arena, horse stalls and pastures. One wing of the barn includes 14 stalls, an equine solarium, 4 wash bays, tack rm, break rm and BA. The other wing includes 8 stalls, grain rm, wash racks, office, viewing room for the arena (w/ full BA and kitchenette), access to a 2 BR apt that overlooks the arena. The pastures have plumbing run to each for easy access to drinking water for horses. The house has been beautifully updated and has amazing views of the lake! So much more offered so you'll have to come see it!

Details

Property type

Single Family Residence

Est. home value

$1,073,903

Lot size

49.19 acres

Price per sq ft

$920

Year built

1994

Annual property taxes

$18,193

Price History

02/05/2024
Realcomp

Realcomp #66024006131

Listed
$3,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Schoolcraft (Kalamazoo Co.)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Honor Cu

Loan start date

March 2018

Original loan amount

$35,700,000

Est. remaining balance

$0

Interest rate

4.04%

Loan type

New Conventional, 6 year

Seller

Christopher T Fisher and Elizabeth A Fisher

Lender

Post Community Cu

Loan start date

April 2016

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

2.85%

Loan type

Credit Line (Revolving), 10 year

Seller

Christopher T Fisher and Elizabeth Fisher

Lender

Post Community Cu

Loan start date

September 2015

Original loan amount

$1,031,200

Est. remaining balance

$0

Interest rate

3.98%

Loan type

New Conventional, 5 year

Seller

Christopher T Fisher and Elizabeth A Fisher

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: Active

Tomo last checked: 12/23/2024 at 5:10 AM

Listing updated: 08/02/2024 at 5:23 PM

Listed by: Steve M Schreuder, Jaqua, REALTORS Phone #: (269) 341-4300

MLS: Realcomp #66024006131

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