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$256,500

Beds
3
Baths
2.0
sq ft
1,728

5416 Sandy Ln, Columbiaville, MI 48421

5416 Sandy Ln

Oregon Twp, MI 48421

  • 101 days on market
    • Price drop $2,500↓
Holloway Reservoir home with lake access and beach right across the front yard. This custom-built tri level is a diamond in the rough. The home has Pella casement windows, cove ceilings, baseboard hot water heat, on demand tankless hot water, brick/vinyl exterior and an extra-large lot. The large rear yard is partially fenced. There is a deck/balcony over the finished garage, however with no railing the owners have the door-wall in the living room restricted from access. The home sits back from the road with a large front yard. There are several fruit trees on the property also. This home will need paint, floor coverings, and some sprucing up. This home has a family room in the lower level with a fireplace, and a main floor bedroom. The living room is located on the upper level. Lot size to be determined by survey to be provided. There is also a vacant lot for sale next to this property.

Details

Property type

Single Family Residence

Est. home value

$280,652

Lot size

3.00 acres

Price per sq ft

$149

Year built

1965

Annual property taxes

$2,184

Price History

09/17/2024
Realcomp

Realcomp #20240054644

Price change
$256,500
-0.97%
07/26/2024
Realcomp

Realcomp #20240054644

Listed
$259,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$618
Asking price
$256,500
Closing costs (~8% of asking)
-$20,520
Est. remaining loan balance
-$235,362
Cash to seller
$618

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

April 2022

Original loan amount

$246,845

Est. remaining balance

$235,362

Interest rate

3.85%

Loan type

FHA, 30 year

Seller

Martin A Davis and Beverly Davis

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 11:25 AM

Listing updated: 10/30/2024 at 8:25 PM

Listed by: Bruce Lilley, Coulter Real Estate Phone #: (810) 346-4206

MLS: Realcomp #20240054644

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