tomo logo

$525,000

Beds
3
Baths
2.0
sq ft
2,624

58885 Frost Rd, Lenox, MI 48048

58885 Frost Rd

Lenox Twp, MI 48048

  • 74 days on market
    • Price drop $25,000↓
PRICE REDUCTION This remarkable vintage farmhouse is loaded with charm and character, located in a park like setting on a dead end road. The 2,624 sq ft home has been completely renovated, brand new siding and trim, freshly refinished real wood flooring, neutral paint, doors and trim. Newly updated kitchen cabinets, counters and industrial stainless steel sink. Newly installed tankless hot water. Gorgeous bathroom updates. Three total bedrooms, two full bathrooms, a lovely upstairs loft area, formal dining room, great room, family room, mudroom and laundry... so much more. Outside, beautiful, spacious yard with mature trees a barn and fencing. City water and natural gas. Close to schools, shopping and easy access to I 94. Everything you have been looking for!

Details

Property type

Single Family Residence

Est. home value

$333,840

Lot size

3.00 acres

Price per sq ft

$201

Year built

1900

Annual property taxes

$2,553

Price History

09/23/2024
Realcomp

Realcomp #58050153099

Price change
$525,000
-4.55%
08/23/2024
MiRealSource

MiRealSource #50140119

Removed
$550,000
08/23/2024
Realcomp

Realcomp #58050153099

Listed
$550,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Anchor Bay

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Seaway Community Bank

Loan start date

September 2008

Original loan amount

$10,325

Est. remaining balance

$0

Interest rate

6.18%

Loan type

Not Provided, 10 year

Seller

Albert R Lamb and Nina M Lamb

Lender

Provident Funding Associates Lp

Loan start date

June 2007

Original loan amount

$109,000

Est. remaining balance

$69,998

Interest rate

6.15%

Loan type

Not Provided, 30 year

Seller

Albert R Lamb and Nina M Lamb

Lender

Seaway Community Bank

Loan start date

August 2003

Original loan amount

$19,160

Est. remaining balance

$0

Interest rate

4.75%

Loan type

Not Provided, 10 year

Seller

Albert R Lamb and Nina M Lamb

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: 11/05/2024 at 6:30 PM

Listing updated: 10/25/2024 at 4:00 PM

Listed by: Catherine Baker, RE/MAX Advisors Phone #: (586) 725-1900

MLS: Realcomp #58050153099

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