tomo logo

$344,900

Beds
3
Baths
2.5
sq ft
2,086

5601 Meadow Ln, Coloma, MI 49038

5601 Meadow Ln

Coloma Twp, MI 49038

  • 69 days on market
    • Price drop $5,000↓
Welcome to 5601 Meadow - your quality built dream home nestled in a serene, rolling meadows neighborhood. Built in 2003, this modern masterpiece offers the perfect blend of style and functionality. Entertain guests in the inviting living room, or retreat to the cozy family room for quiet moments of relaxation. With three bedrooms and two-and-a-half baths, there's ample room for the whole family to spread out and feel right at home. Primary suite features a walk in closet & jetted tub. But the true gem lies in the unfinished basement, brimming with potential. Transform this versatile space into a home theater, a game room, or a private home office - the possibilities are endless. Imagine the endless hours of entertainment and productivity you'll enjoy in your very own custom-tailored haven

Details

Property type

Single Family Residence

Est. home value

$18,635

Lot size

0.50 acres

Price per sq ft

$166

Year built

2003

Annual property taxes

$3,524

Monthly HOA fee

$16.67

Price History

07/19/2024
Realcomp

Realcomp #69024035255

Price change
$344,900
-1.43%
07/11/2024
Realcomp

Realcomp #69024035255

Listed
$349,900
+20.66%
10/08/2021
Realcomp

Realcomp #69021099240

Sold
$290,000
+34.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Coloma

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

$48,543
Asking price
$344,900
Closing costs (~8% of asking)
-$27,592
Est. remaining loan balance
-$268,765
Cash to seller
$48,543

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

January 2024

Original loan amount

$270,476

Est. remaining balance

$268,765

Interest rate

7.29%

Loan type

FHA, 30 year

Seller

David D Caulton and Katreka Caulton

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: 09/19/2024 at 6:05 AM

Listing updated: 08/25/2024 at 3:23 PM

Listed by: Courtney Ertman, Century 21 Affiliated Phone #: (269) 588-5055

MLS: Realcomp #69024035255

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