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$355,000

Beds
3
Baths
2.5
sq ft
2,100

7872 Morrow Rd, Cottrellville, MI 48039

7872 Morrow Rd

Cottrellville Twp, MI 48039

  • 627 days on market
    • Price drop $15,000↓
BIG PRICE REDUCTION THIS CAPE COD HOME IS SITUATED ON A PARK LIKE 2.5 ACRE LOT OVERLOOKING IT'S VERY OWN POND- YOU WILL ENJOY MANY HOURS OF WATCHING VARIOIUS WILDLIFE INCLUDING DEER, WILD TURKEY, FOX, DUCKS, AND AN OCCASIONAL EAGLE STOP BY THE POND. THE HOME FEATURES INCLUDE A SPACIOUS KITCHEN AND DINING ROOM COMBO- FIRST FLOOR OFFICE-FIRST FLOOR PRIMARY BEDROOM AND PRIMARY BATH-A LARGE FORMAL LIVING ROOM WITH A STONE FIREPLACE-2 HUGE UPSTAIRS BEDROOMS INCLUDING A FULL BATH-FIRST FLOOR LAUNDRY-FIRST FLOOR HALF BATH-PARTIALLY FINISHED BASEMENT- A 900 SQ FT DECK FOR ENTERTAINING FAMILY AND FRIENDS-12X 20 SHED WITH A LOFT AND ELECTRIC - A 20 X 22 POLE BARN WITH A CEMENT FLOOR , WORK SHOP AREA, AN ATTACHED SHED AND LEAN TO- NATURAL GAS-SEPTIC-WELL WATER.

Details

Property type

Single Family Residence

Est. home value

$366,366

Lot size

2.50 acres

Price per sq ft

$170

Year built

2000

Annual property taxes

$2,367.56

Price History

07/01/2024
Realcomp

Realcomp #58050105095

Listed
$355,000
07/01/2024
Realcomp

Realcomp #58050105095

Removed
$355,000
05/10/2024
Realcomp

Realcomp #58050105095

Listed
$355,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China

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

$228,718
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$97,882
Cash to seller
$228,718

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

Seller’s Loan History

Lender

John Adams Mortgage Co

Loan start date

December 2010

Original loan amount

$143,073

Est. remaining balance

$97,882

Interest rate

4.24%

Loan type

FHA, 30 year

Seller

Brian Mclaughlin and Annette Mclaughlin

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 6:15 PM

Listing updated: 10/09/2024 at 2:11 PM

Listed by: Pamela Ceder, Sine & Monaghan Realtors LLC Algonac Phone #: (810) 794-5544

MLS: Realcomp #58050105095

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Recently listed in Cottrellville Twp