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$375,000

Beds
3
Baths
3.0
sq ft
1,718

8154 S 116th Ave, Rothbury, MI 49452

8154 S 116th Ave

Otto Twp, MI 49452

  • 50 days on market
If you have been looking for seclusion, there is no need to look any further. This home is sitting on 10 extremely private acres of land tucked away off the road, this 3 bedroom 3 bathroom home has a dedicated office space and has a partial basement waiting for your finishing touches. Located down a shared private drive you will get all of the country feel you are desiring with only being a short drive from Whitehall/Montague and just 30 minutes from downtown Muskegon. Great Lakes Energy and Spectrum have ran high speed fiber optic in this area so remote work won't be an issue at all. State land for hunting, fishing, hiking and trail riding is all within minutes from your driveway. Don't miss your opportunity on a piece of solitude located perfectly in Oceana County!

Details

Property type

Single Family Residence

Est. home value

$299,679

Lot size

10.00 acres

Price per sq ft

$219

Year built

1996

Annual property taxes

$2,322

Price History

09/16/2024
Realcomp

Realcomp #67024048800

Listed
$375,000
+25%
06/29/2022
Realcomp

Realcomp #67022012228

Sold
$300,000
+91.69%
02/26/2016
Realcomp

Realcomp #71015036491

Sold
$156,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montague

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

$69,630
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$275,370
Cash to seller
$69,630

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

June 2022

Original loan amount

$285,000

Est. remaining balance

$275,370

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Aaron Michael Ward

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 4:25 PM

Listing updated: 09/16/2024 at 8:31 AM

Listed by: Christopher Wenk, TROPHY CLASS REAL ESTATE Phone #: (616) 414-5420

MLS: Realcomp #67024048800

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