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$339,900

Beds
3
Baths
2.0
sq ft
1,310

7055 Shea Rd, Cottrellville, MI 48039

7055 Shea Rd

Cottrellville Twp, MI 48039

  • 52 days on market
    • Price drop $5,100↓
**Lots of attention on this property** Modern living with a taste of rural and lake front culture! This 1 acre plus newly built ranch that resides just north of New Haven and New Baltimore, has a ton of privacy, space and local restaurants and farmers markets! Everything is modern and low maintenance, with vinyl flooring, floating cabinets and an open spacious concept, centered by a faucet island, allowing for anyone to multitask chores while enjoying tons of natural lighting that flows through the windows, onto a beautiful patio accompanied by a hot tub with plenty of space for gardening!

Details

Property type

Single Family Residence

Est. home value

$306,446

Lot size

1.02 acres

Price per sq ft

$260

Year built

2020

Annual property taxes

$3,102

Price History

08/05/2024
Realcomp

Realcomp #20240054891

Price change
$339,900
-1.48%
08/05/2024
Realcomp

Realcomp #20240054891

Price change
$345,000
+21.05%
07/28/2024
Realcomp

Realcomp #20240054891

Listed
$285,000
-6.56%

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

$68,008
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$244,700
Cash to seller
$68,008

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

Seller’s Loan History

Lender

Kaye Financial Corp

Loan start date

June 2023

Original loan amount

$248,270

Est. remaining balance

$244,700

Interest rate

6.39%

Loan type

FHA, 30 year

Seller

Peter R Dietrich

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: 09/19/2024 at 7:25 PM

Listing updated: 08/05/2024 at 8:43 PM

Listed by: Milton Buford, Amin Realty Phone #: (833) 264-6832

MLS: Realcomp #20240054891

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