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$399,900

Beds
6
Baths
4.0
sq ft
2,624

7441 Tipsico Lake Rd, Holly, MI 48442

7441 Tipsico Lake Rd

Tyrone Twp, MI 48442

  • 294 days on market
    • Price drop $50,100↓
If you are looking for private, quiet, picturesque, safe country living this property is for you. This amazing property has a sprawling ranch with a completely finished studio walkout lower level with a bedroom, 2nd kitchen, 1.5 baths, poker room and family room. This 2 acres is wooded with a 2 car 36x28 garage, hydraulic lift and a 20x40 pole barn with electric and 2 lean-tos, apple trees plus overlooking adjoining mature areas and pond. This completely remodeled home has main floor laundry area that includes washer and dryer. All new stainless appliances (2022), main floor island kitchen (2023), great room with wood stove (2022), new roof (2022). All only a half a mile from Tipsico Lake public boat launch with fishing and recreation. Covered front leisure sitting porch plus front and rear decks. Master suite has cathedral ceiling, master bath and walk-in closet. Include: hydraulic lift and cut burning wood on premises.

Details

Property type

Single Family Residence

Est. home value

$510,420

Lot size

2.00 acres

Price per sq ft

$153

Year built

1972

Annual property taxes

$2,775

Price History

08/30/2024
Realcomp

Realcomp #5050128814

Price change
$399,900
-11.13%
08/15/2024
Realcomp

Realcomp #5050128814

Removed
$450,000
05/20/2024
Realcomp

Realcomp #5050128814

Price change
$450,000
-5.26%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fenton

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

$191,849
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$176,059
Cash to seller
$191,849

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$180,000

Est. remaining balance

$176,059

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Michael Berryman and Patty Lee Copeland

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 5:40 AM

Listing updated: 08/30/2024 at 2:53 PM

Listed by: Lucy W Ham, Ham Group Realty Phone #: (810) 659-6569

MLS: Realcomp #5050128814

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