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$950,000

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

  • 87 days on market
Ask your Realtor to review the information contained in the document section of this listing & provide a copy of the "bird's view drawing" of the property. Also, please be respectful of the seller's collection of beautifully restored antique farm tractors...they are the seller's PERSONAL PROPERTY and NOT included in the Listing Contract with Previewproperties. They are housed in the same building as the mechanical workshop. PLEASE DO NOT CLIMB ON THEM. This 13.85-acre parcel of property was the operating center of a dairy farm. For a bird's eye perspective of the shape and size of the property, look at photograph # 31. It consists of two houses, two barns, several silos, several farm machinery sheds, a woodworking shop, a mechanical workshop, a 24 X 24 detached garage, an attached 13 X 25 garage and two private ponds. It has an excellent location...6 miles to Ann Arbor and is within walking distance to Whitmore Lake High School. This property has the potential to function in four different activities. A. As rental space service for boats, tractors, trailers, cars, trucks and RV equipment. Currently, the Seller is engaged in that type of business. B. As a mini-farm operation. C. As some type of a business whereby the existing buildings could be modified to the needs of the Buyer. D. Treat it as development property. Please encourage your Realtor to contact me. Also, the maximum amount of time for a showing appointment is 2 hours. The garage side (south) of the house is occupied by a renter. Please be respectful of that individual's privacy. Encourage your Realtor to study the document section for instructions on the location of the manual lock box on the back of the house, north side. The 13.85 acre parcel contains portions of parcel B-02-19-200-001 & parcel B-02-19-100-005. See 13.85 acre drawing in the documents section. BUYER & BUYER'S AGENT TO VERIFY ALL MEASUEMENTS AND DATA.

Details

Property type

Single Family Residence

Est. home value

$2,085,724

Lot size

13.85 acres

Price per sq ft

$475

Year built

1864

Annual property taxes

$6,729

Price History

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: 07/07/2024 at 4:20 PM

Listing updated: 05/24/2024 at 3:45 PM

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

MLS: Realcomp #20240023047

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