tomo logo

$649,900

Beds
4
Baths
3.0
sq ft
2,165

7491 N Lapeer Rd, Fostoria, MI 48435

7491 N Lapeer Rd

Rich Twp, MI 48435

  • 135 days on market
Welcome to your new home on 12 acres of serene landscape! This tri-level residence features four spacious bedrooms and three full bathrooms, offering plenty of space for your family and guests. With an upgraded kitchen, the large open concept first floor is perfect for gatherings. The property includes a detached pole barn measuring an impressive 200x100 feet, perfect for storage or workshop needs. Enjoy the peace of mind that comes with a well and septic system, enhanced by a top-of-the-line Kinetico water softener and upgraded arsenic and iron filtration systems. Inside, the home boasts new vinyl flooring and has been freshly painted, providing a clean and modern aesthetic. The property is equipped with 400 amps of electrical power, ensuring ample capacity for all your needs, and includes a brand new water heater for added convenience and efficiency. This property is a perfect blend of comfort, functionality, and modern upgrades. Don’t miss out on this unique opportunity to own a piece of paradise!

Details

Property type

Single Family Residence

Est. home value

$457,064

Lot size

11.90 acres

Price per sq ft

$301

Year built

1991

Annual property taxes

$5,529

Price History

08/09/2024
Realcomp

Realcomp #20240058664

Listed
$649,900
+73.31%
03/15/2021
Realcomp

Realcomp #2210000359

Sold
$375,000
+49.11%
06/30/2015
Realcomp

Realcomp #215034574

Sold
$251,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

North Branch

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

$324,253
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$273,655
Cash to seller
$324,253

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

Seller’s Loan History

Lender

Reliance Financial Group

Loan start date

February 2021

Original loan amount

$300,000

Est. remaining balance

$273,655

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Lee Kasyouhanan

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 9:00 AM

Listing updated: 08/17/2024 at 9:43 AM

Listed by: Brandon Kasyouhanan, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #20240058664

Realcomp logo

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