tomo logo

$345,000

Beds
4
Baths
3.0
sq ft
2,435

5825 Bacon Rd, Petersburg, MI 49270

5825 Bacon Rd

Summerfield Twp, MI 49270

  • 95 days on market
    • Price drop $3,900↓
This home, on a serene 2-acre private lot, is ready for your personal touch! Enjoy the first-floor primary suite with a walk-in closet and private bath. The inviting living room, and pellet stove, sets the perfect atmosphere on chilly evenings. The kitchen has generous cupboard and counter space that flows seamlessly into the dining area and family room, making it an ideal space for entertaining. Upstairs, discover two large common areas that can serve as hobby spaces, a playroom, or a teenage retreat, along with three additional bedrooms and a full bath. Relax on the front porch, where wildlife adds to the country setting. New updates include: Landscaping, extensive property clean up, Removed dirt bike track surrounding entire yard, main floor furnace repairs,replaced upstairs furnace, trim upstairs, fresh paint, ceiling fans, dishwasher, water system, generator hook up, sump pump, hot water heater, toilets in all the bathrooms. Come check out this wonderful home and envision the limitless possibilities that await!

Details

Property type

Single Family Residence

Est. home value

$348,363

Lot size

2.00 acres

Price per sq ft

$142

Year built

1988

Annual property taxes

$3,624

Price History

10/22/2024
Realcomp

Realcomp #57050155776

Price change
$345,000
-1.12%
10/19/2024
Realcomp

Realcomp #57050155776

Price change
$348,900
-0.29%
09/27/2024
Realcomp

Realcomp #57050155776

Price change
$349,900
-1.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Summerfield

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

$63,066
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$254,334
Cash to seller
$63,066

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

July 2022

Original loan amount

$263,920

Est. remaining balance

$254,334

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Ryan Holtz

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?

Similar Homes Nearby

Price drop
Realcomp
$314,900
4 bd
|
2 ba
|
2,503 sq ft
|
House

333 Adams St, Dundee, MI 48131

Realcomp
$349,900
4 bd
|
2 ba
|
2,128 sq ft
|
House

8819 Ida West Rd, Ida, MI 48140

Pending
Realcomp
$329,900
4 bd
|
2.5 ba
|
2,037 sq ft
|
House

2235 Briar Ln, Temperance, MI 48182

Status: Active

Tomo last checked: 12/23/2024 at 10:55 AM

Listing updated: 11/02/2024 at 3:15 PM

Listed by: Susan Witt, Coldwell Banker Haynes R.E. - Monroe Phone #: (734) 242-8484

MLS: Realcomp #57050155776

Realcomp logo

Recently listed in Summerfield Twp

$1,499,000|3 bd|2.5 ba|House
$345,000|4 bd|3.0 ba|House
$89,900|2 bd|1.0 ba|Manufactured