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$367,000

Beds
3
Baths
2.0
sq ft
1,874

7999 Folks Rd, Hanover, MI 49241

7999 Folks Rd

Hanover Twp, MI 49241

  • 25 days on market
    • Price drop $8,000↓
This charming 3-bedroom, 2-bath ranch home sits on 1.6 acres in the desirable Hanover Horton School District. The open-concept kitchen features beautiful granite counter-tops, modern appliances, and two sliding doors leading to a spacious composite deck, perfect for outdoor dining and relaxation. The living room features a fireplace and plenty of room for various seating. The backyard offers an awesome fire pit setup and plenty of room to enjoy the serene surroundings. A 24 x 32 pole barn provides ample storage or workshop space, while an irrigation system keeps the front yard lush year-round. With a peaceful setting and modern amenities such as a generator hook up, this home offers the perfect blend of comfort and outdoor living. Come tour this home and enjoy the peaceful country living

Details

Property type

Single Family Residence

Est. home value

$366,322

Lot size

1.60 acres

Price per sq ft

$196

Year built

2002

Annual property taxes

$3,699.63

Price History

10/22/2024
Realcomp

Realcomp #55024053766

Price change
$367,000
-2.13%
10/11/2024
Realcomp

Realcomp #55024053766

Listed
$375,000
+109.5%
07/30/2015
Realcomp

Realcomp #55021060946

Sold
$179,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hanover Horton

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

$200,264
Asking price
$367,000
Closing costs (~8% of asking)
-$29,360
Est. remaining loan balance
-$137,376
Cash to seller
$200,264

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

Seller’s Loan History

Lender

Michigan State University Fcu

Loan start date

July 2015

Original loan amount

$170,050

Est. remaining balance

$137,376

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Jacob Dekamp and Tara Dekamp

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: 11/05/2024 at 11:30 AM

Listing updated: 10/27/2024 at 4:15 PM

Listed by: Jarchow & Lester, PRODUCTION REALTY - GRASS LAKE Phone #: (517) 522-2068

MLS: Realcomp #55024053766

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