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$294,859Estimated home value

Beds
4
Baths
2.0
sq ft
1,074

6992 2 1/2 Mile Rd, East Leroy, MI 49051

6992 2 1/2 Mile Rd

Leroy Twp, MI 49051

  • Sold On 8/23/2022
Ready to slow down and enjoy life in the country? This recently renovated property has quite a lot to offer. While out in the country, you stay close to all of the great things just being 10 minutes south of Beckley/M-66. This wooded lot is full of mature maples waiting to be tapped, lots of deer and wildlife and a small pasture to raise some livestock. Whether hanging out on the deck in summer enjoying the beautiful sunrises, sitting by the firepit underneath the sunset and stars, or cozying up by the woodstove in winter, this home will keep you enjoying all the seasons. Not short of storage, this property has a large detached garage, workshop, lean to and attic storage area.

Details

Property type

Single Family Residence

Est. home value

$294,859

Lot size

5.02 acres

Price per sq ft

$270

Year built

1978

Annual property taxes

$2,500

Price History

12/09/2024
Realcomp

Realcomp #66024053882

Removed
$335,000
10/31/2024
Realcomp

Realcomp #66024053882

Price change
$335,000
-1.18%
10/25/2024
Realcomp

Realcomp #66024053882

Price change
$339,000
-1.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Athens

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

-$34,018
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$300,726
Cash to seller
-$34,018

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

August 2022

Original loan amount

$311,243

Est. remaining balance

$300,726

Interest rate

5.3%

Loan type

FHA, 30 year

Seller

Alexandra Kay Bailey and Rodney Dean Bailey

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?

Status: Off Market

Tomo last checked: 12/23/2024 at 10:25 PM

Listing updated: 02/18/2024 at 2:24 AM

Listed by: Justin Tibble, REOZOM REAL ESTATE SERV Phone #: (810) 987-1100

MLS: Realcomp #65022025654

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