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$399,000

Beds
3
Baths
1.0
sq ft
1,231

60424 Custer Valley Rd, Colon, MI 49040

60424 Custer Valley Rd

Colon Twp, MI 49040

  • 74 days on market
    • Price drop $26,000↓
This three-bedroom, one-bath, 1,231-square-foot home on the east side of Long Lake is move-in ready with furniture and furnishings available turnkey, abundant storage areas, and a lakeside patio with a new firepit. The property includes a 24- by 28-foot two-car detached garage with electricity and a large upstairs with shelving and cabinets. The house has a metal roof, a deck with lake views, a wood-burning stove with a brick hearth in the living area, a kitchen with a peninsula with bar seating, three bedrooms, a bath, and a laundry with access to outdoors. Recent improvements include an opened-up kitchen, new flooring throughout and carpet in bedrooms, fresh paint, and new deck stain. Also includes a large buildable backlot with mature trees, fence, and pole barn with electricity andwater. 211-acre Long Lake is less than two hours from Chicago, one hour from Notre Dame. The all-sports, spring-fed lake has no-towing hours 7:30 p.m.-10 a.m. for pontooning and great fishing.

Details

Property type

Single Family Residence

Est. home value

$307,883

Lot size

8,276 sq ft

Price per sq ft

$325

Year built

1975

Annual property taxes

$4,883

Price History

10/10/2024
Realcomp

Realcomp #69024044238

Price change
$399,000
-6.12%
08/23/2024
Realcomp

Realcomp #69024044238

Listed
$425,000
+21.43%
08/17/2024
Realcomp

Realcomp #69024009092

Removed
$350,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Colon

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

$162,063
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$205,017
Cash to seller
$162,063

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

Seller’s Loan History

Lender

Marquette Bank

Loan start date

August 2021

Original loan amount

$220,000

Est. remaining balance

$205,017

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Joseph M Ucho and Joseph Michael Ucho

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 7:25 AM

Listing updated: 11/04/2024 at 3:30 PM

Listed by: Paul DeLano, The Lake Life Realty Group Phone #: (269) 445-8877

MLS: Realcomp #69024044238

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