tomo logo

$395,000

Beds
3
Baths
1.0
sq ft
948

7134 Reading Rd E, Osseo, MI 49266

7134 Reading Rd E

Jefferson Twp, MI 49266

  • 9 days on market
Stunning rolling landscape featuring a mix of tillable and wooded land. This property truly has it all, from towering hills to deep ravines. The St. Joseph River winds through, offering opportunities for fishing, trapping, waterfowl hunting, and enjoying the fresh water. The Central Unit of the Lost Nation State Game Area borders the property, providing an additional 356 acres for your enjoyment. This sale includes two parcels being offered together at an exceptional price! The two parcels connect at the Northeast and Southwest corners, ensuring easy access between them. 7134 Reading Rd E (12-023-100-005-23-7-2) is a 40-acre parcel featuring a charming two-story farmhouse built in 1898 and a barn! The seller has started renovations, significantly enhancing the structural integrity of thehome and opening up the interior layout. Currently, the main level is down to the studs, providing a blank canvas for the new owner. Way Rd (12-023-100-003-23-7-2) is a 30-acre parcel with the East Branch of the St. Joseph River flowing through it, densely wooded and full of wild life. Together, the properties encompass 70 acres with approximately 45+/- wooded acres and 25+/- open acres that includes 10+/- tillable acres ideal for creating diverse food plots. This property also features a desirable amount of wetland around the river, supporting thriving deer and waterfowl populations. This property presents an array of opportunities that every outdoor enthusiast dreams of! Whether you choose to revive the original farmhouse or build on one of the other available sites, this land is sure to create lasting memories and provide sustenance for your family and friends! Schedule your showing today! Home is being sold as-is, all treestands and hunting equipment is excluded from the sale.

Details

Property type

Single Family Residence

Est. home value

$302,727

Lot size

70.00 acres

Price per sq ft

$417

Year built

1898

Annual property taxes

$5,315.58

Price History

12/13/2024
Realcomp

Realcomp #81024062919

Listed
$395,000
+44.69%
08/10/2021
Realcomp

Realcomp #68021017284

Sold
$273,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pittsford

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

$122,599
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$240,801
Cash to seller
$122,599

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

Seller’s Loan History

Lender

County National Bank

Loan start date

August 2021

Original loan amount

$259,350

Est. remaining balance

$240,801

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Sara J Fischelster

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: 12/23/2024 at 10:15 AM

Listing updated: 12/16/2024 at 5:10 PM

Listed by: Ruby Johnson, The Charles Reinhart Company Phone #: (734) 475-9600

MLS: Realcomp #81024062919

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