tomo logo

$749,000

Beds
5
Baths
5.0
sq ft
5,676

59901 Frost Rd, Lenox, MI 48048

59901 Frost Rd

Lenox, MI 48048

  • 80 days on market
    • Price drop $40,000↓
Country living with modern amenities! This 5 Bedroom, 5 Full Bath home sets on 5-acres! With over 4300 sq ft of living space, this home features: Great Room w/Fireplace, large Kitchen w/granite, stainless steel appliances, pantry, 1st & 2nd Floor Laundry, Primary Bedroom Suite & Bath w/walk-in shower, heated towel bar & floors, Exercise Room, finished basement w/Bar & egress window, heated 3.5 car Garage w/new doors/openers, new roof, high efficiency furnaces(zoned), AC, water heater, Generator for House/Pole Barn & security system. Property features: heated/insulated 60x40 Pole barn, fenced area, Gazebo, new front porch, stamped concrete patio, private hunting path with blinds, garden & firepit. This home has everything!

Details

Property type

Single Family Residence

Est. home value

$723,053

Lot size

5.00 acres

Price per sq ft

$132

Year built

1970

Annual property taxes

$7,857.88

Price History

10/04/2024
MiRealSource

MiRealSource #50154199

Price change
$749,000
-9.65%
09/04/2024
MiRealSource

MiRealSource #50147409

Removed
$829,000
+5.07%
09/04/2024
MiRealSource

MiRealSource #50154199

Listed
$789,000
-4.83%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Anchor Bay School District

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

$364,678
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$324,402
Cash to seller
$364,678

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

Seller’s Loan History

Lender

Mortgage Center Llc

Loan start date

August 2016

Original loan amount

$396,000

Est. remaining balance

$324,402

Interest rate

3.48%

Loan type

New Conventional, 30 year

Seller

Brian Cicotte and Christine Cicotte

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 12:30 AM

Listing updated: 11/14/2024 at 12:00 AM

Listed by: Michelle Agosta, Sine & Monaghan LLC Phone #: (313) 884-7000

MLS: MiRealSource #50154199

MiRealSource logo

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