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$399,000

Beds
4
Baths
3.5
sq ft
2,256

5946 Joyfield Rd, Frankfort, MI 49635

5946 Joyfield Rd

Joyfield Twp, MI 49635

  • 118 days on market
    • Price drop $40,000↓
Discover the perfect blend of modern updates and timeless charm in this delightful farmhouse located in the heart of Benzie County. The expansive, bright kitchen has been tastefully updated and seamlessly flows into a cozy family room and outdoor deck, setting the stage for this spacious home that boasts ample rooms, storage, and space. The main floor includes a generous mudroom off the garage, complete with a convenient first-floor laundry room. From the family room, step into a bright and sunny dining room. Just around the corner, you'll find the primary suite, a living room, and a large full bath. Ascend the lovely staircase to the upper level, where you'll find three bedrooms and two additional bathrooms. The roomy lower level offers even more living space with another full bathroom, a family room, a workout area, and plenty of storage. The 2-acre parcel features a flat, tree-lined lot with a storage shed, lush greenery, and ample space for outdoor fun and play. Embrace the best of both worlds in this charming farmhouse!

Details

Property type

Single Family Residence

Est. home value

$335,500

Lot size

2.00 acres

Price per sq ft

$177

Year built

1935

Price History

08/16/2024
Realcomp

Realcomp #78080048071

Price change
$399,000
-9.11%
07/10/2024
Realcomp

Realcomp #78080048071

Listed
$439,000
+99.55%
08/02/2019
Realcomp

Realcomp #78001190889

Sold
$220,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Benzie County Central

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

$300,314
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$66,766
Cash to seller
$300,314

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

Seller’s Loan History

Lender

State Savings Bank

Loan start date

October 2009

Original loan amount

$97,700

Est. remaining balance

$66,766

Interest rate

5.14%

Loan type

Not Provided, 30 year

Seller

Martin Smeltzer and Mary L Smeltzer

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 4:05 PM

Listing updated: 09/20/2024 at 11:01 AM

Listed by: Kate Reichard, Phone #: (231) 946-4404

MLS: Realcomp #78080048071

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