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$850,000

Beds
4
Baths
2.0
sq ft
2,002

7285 Whitmore Lake Rd, Whitmore Lake, MI 48189

7285 Whitmore Lake Rd

Northfield Twp, MI 48189

  • 255 days on market
    • Price drop $100,000↓
Please review the information presented in the document section. The manual lock box is located at the back of the house on the north side....look for the manual lock box on the back wooden porch. The back door has built in code lock. The code is located inside the lock box. The garage side (south) of the house is occupied by a renter. Please be respectful of that individual's privacy. This 13.85-acre parcel of property has two houses, two barns, several silos a woodworking shop, a mechanical workshop and several farm machinery sheds. This house at 7285 Whitmore Lake Rd was built in 1864 and is described in detail in MLS 202400023047 listing format. The second house on the property is at 85 Five Mile Rd. It is a ranch style with a full unfinished basement, was built in 1960, has 1,044 sq ft of entry level living space, has a kitchen, a living room, one bathroom, 3 bedrooms, a mud room, a basement laundry area, a 21 X 21 attached 2-car garage, a deck, and a covered porch. lock box is on front door.

Details

Property type

Single Family Residence

Est. home value

$2,085,724

Lot size

13.85 acres

Price per sq ft

$425

Year built

1864

Annual property taxes

$6,729

Price History

09/09/2024
Realcomp

Realcomp #20240023047

Price change
$850,000
-10.53%
04/11/2024
Realcomp

Realcomp #20240023047

Listed
$950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Whitmore Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michigan State University Fcu

Loan start date

December 2022

Original loan amount

$1,875,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Building or Construction Loan

Seller

Chestnut Landing Llc

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: 12/22/2024 at 3:15 PM

Listing updated: 12/13/2024 at 8:20 AM

Listed by: Bill Lane, Preview Properties PC Phone #: (810) 220-0000

MLS: Realcomp #20240023047

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