tomo logo

$199,999

Beds
3
Baths
2.0
sq ft
1,056

5862 W Plains Rd, Eaton Rapids, MI 48827

5862 W Plains Rd

Aurelius Twp, MI 48827

  • 50 days on market
    • Price drop $30,001↓
Welcome to 5862 Plains Rd a charming 3-bedroom, 2 full-bath home situated on a 5-acre lot! The interior features well-sized bedrooms and two full bathrooms, providing a comfortable living space with modern conveniences. The expansive 5 acres of land offer endless potential for outdoor activities, whether you’re looking to create gardens, enjoy recreational space, or simply appreciate the surrounding natural beauty. This property offers a peaceful retreat with plenty of room to design and build your ideal lifestyle, making it a great choice for those seeking privacy and open space.

Details

Property type

Single Family Residence

Est. home value

$190,289

Lot size

5.00 acres

Price per sq ft

$190

Year built

1972

Annual property taxes

$3,274

Price History

10/31/2024
Realcomp

Realcomp #20240074898

Price change
$199,999
-13.04%
10/03/2024
Realcomp

Realcomp #20240074898

Listed
$230,000
+58.62%
08/31/2018
Realcomp

Realcomp #630000228315

Sold
$145,000
+45.15%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eaton Rapids

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

$55,211
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$128,788
Cash to seller
$55,211

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

Seller’s Loan History

Lender

First State Bank Of St Charles Mo

Loan start date

November 2018

Original loan amount

$144,217

Est. remaining balance

$128,788

Interest rate

4.6%

Loan type

FHA, 30 year

Seller

May Thao and Lao Vue

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: 11/23/2024 at 3:50 AM

Listing updated: 11/04/2024 at 9:15 AM

Listed by: Nixon Yang, RE/MAX City Centre Phone #: (313) 528-3002

MLS: Realcomp #20240074898

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