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$1,600,000

Beds
5
Baths
6.5
sq ft
8,500

7080 Marsh Rd, Cottrellville, MI 48039

7080 Marsh Rd

Cottrellville, MI 48039

  • 24 days on market
I do not believe there is a home like this one anywhere in St Clair County. Nearly 10,000 sq ft of luxury on over 50 acres. Once you cross the bridge over the two private lakes, you'll drive almost 1/4 mile of paved driveway to reach this stunning 5 bed/6 bath builders masterpiece. We will let the pictures tell the rest of the story! This house would cost over $3 million to duplicate today! This home will be taken off the market 10/01/2024

Details

Property type

Single Family Residence

Lot size

53.89 acres

Price per sq ft

$189

Year built

2005

Annual property taxes

$9,461.16

Price History

08/26/2024
MiRealSource

MiRealSource #50153379

Listed
$1,600,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China 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

$1,164,636
Asking price
$1,600,000
Closing costs (~8% of asking)
-$128,000
Est. remaining loan balance
-$307,364
Cash to seller
$1,164,636

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

Seller’s Loan History

Lender

Fifth Third Mortgage Michigan Llc

Loan start date

June 2013

Original loan amount

$417,000

Est. remaining balance

$307,364

Interest rate

3.4%

Loan type

New Conventional, 30 year

Seller

Daniel S Griffin and Michelle M Griffin

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 7:15 PM

Listing updated: 09/05/2024 at 8:52 AM

Listed by: Stephan Furstenau, iHome Realty, Inc. Phone #: (810) 841-3031

MLS: MiRealSource #50153379

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