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$295,000

Beds
3
Baths
2.0
sq ft
1,950

5466 W Buchanan Rd, Ithaca, MI 48847

5466 W Buchanan Rd

Newark Twp, MI 48847

  • 38 days on market
Experience the best of country living! This charming home sits on a spacious corner lot, offering beautiful views of the open countryside. The gourmet kitchen is a chef's dream, featuring ample cabinetry, a large island, and stainless steel appliances. The home is elegantly designed with stunning oak archways and a spacious formal dining room that opens onto a large deck, perfect for entertaining and overlooking the private backyard. The finished basement boasts a bar, game room complete with ping pong and pool tables and a cozy family room for gatherings. Additional features include central air, an attached garage, and a lovely deck to enjoy outdoor living at its finest.

Details

Property type

Single Family Residence

Est. home value

$239,986

Lot size

2.00 acres

Price per sq ft

$152

Year built

2007

Annual property taxes

$1,844.36

Price History

10/15/2024
Realcomp

Realcomp #79080051600

Listed
$295,000
+145.83%
12/05/2014
Realcomp

Realcomp #79001141937

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ithaca

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

$255,691
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$15,709
Cash to seller
$255,691

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

Seller’s Loan History

Lender

Commercial Bank

Loan start date

October 2013

Original loan amount

$50,000

Est. remaining balance

$15,709

Interest rate

3.54%

Loan type

Not Provided, 15 year

Seller

Bruce Young and Carol Young

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: 11/22/2024 at 3:00 PM

Listing updated: 10/31/2024 at 8:40 PM

Listed by: Cheryl A Reeves, Phone #: (989) 875-5148

MLS: Realcomp #79080051600

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