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$289,900

Beds
3
Baths
1.0
sq ft
1,368

5914 Plank Rd, Cottrellville, MI 48039

5914 Plank Rd

Cottrellville Twp, MI 48039

  • 24 days on market
Farmhouse, situated on over ten acres, complete with pole barn, granary, tool shed, (great for equipment / vehicle storage), barn ready for the gentleman farmer. Vegetable farming, chickens or other small animals... Hot water heating system is powered by propane, with wood burning system, well on property. Turn this house and property of yester-year into the farmhouse of today and the home of tomorrow.

Details

Property type

Single Family Residence

Est. home value

$451,357

Lot size

10.00 acres

Price per sq ft

$212

Year built

1870

Annual property taxes

$4,008

Price History

11/29/2024
Realcomp

Realcomp #58050162132

Listed
$289,900
-10.8%
08/21/2024
MiRealSource

MiRealSource #50145792

Sold
$325,000
-10.96%
07/22/2024
MiRealSource

MiRealSource #50145792

Pending
$365,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China

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

$106,530
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$160,178
Cash to seller
$106,530

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

January 2012

Original loan amount

$212,657

Est. remaining balance

$160,178

Interest rate

4%

Loan type

FHA, 33 year

Seller

Melodee Beals and Martin Beals

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: 12/23/2024 at 6:00 PM

Listing updated: 11/29/2024 at 1:50 PM

Listed by: Michael G. Bachler, J. A. Bachler Realtor Phone #: (810) 765-8895

MLS: Realcomp #58050162132

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