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$214,900

Beds
3
Baths
1.0
sq ft
1,147

5816 Southwood St, North Branch, MI 48461

5816 Southwood St

Deerfield Twp, MI 48461

  • Pending
    • Price drop $5,000↓
OPEN HOUSE CANCELED FOR SAT. 1/18. This updated move in ready ranch home in the sought after North Branch school district is waiting for you. Recent updates include newer roof, water softner, water heater, Anderson windows (new in 2018). Solid Brazilian wood floors, central air new in 2018, new driveway 2023, along with a full partially finished basement with all new drywall and electric finished in 2023 just waiting for your finishing touches. Basement has an additional room that could be used as a 4th non-conforming bedroom (No egress window). Separate laundry room located in the basement has plenty of storage space. Garage has 220 amp service along with an additional 2 story shed which gives you plenty of additional storage. All stainless steel appliances are included. This home won't last long so schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$208,998

Lot size

0.46 acres

Price per sq ft

$188

Year built

1989

Annual property taxes

$2,020

Price History

01/16/2025
Realcomp

Realcomp #20250001803

Pending
$214,900
01/13/2025
Realcomp

Realcomp #20250001803

Price change
$214,900
-2.27%
01/08/2025
Realcomp

Realcomp #20250001803

Listed
$219,900
+53.88%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

North Branch

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

$116,858
Asking price
$214,900
Closing costs (~8% of asking)
-$17,192
Est. remaining loan balance
-$80,850
Cash to seller
$116,858

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

Seller’s Loan History

Lender

Mac Clair Mortgage Corporation

Loan start date

December 2008

Original loan amount

$117,740

Est. remaining balance

$80,850

Interest rate

6.2%

Loan type

FHA, 30 year

Seller

Dennis D Atwell and Peggy Atwell

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: Pending/Under Contract

Tomo last checked: 01/22/2025 at 11:55 AM

Listing updated: 01/16/2025 at 9:20 AM

Listed by: Carrie Keahl, Crown Real Estate Group Phone #: (810) 644-7790

MLS: Realcomp #20250001803

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