tomo logo

$285,000

Beds
4
Baths
3.0
sq ft
2,280

8309 E Newburg Rd, Durand, MI 48429

8309 E Newburg Rd

Durand, MI 48429

  • 147 days on market
    • Price drop $2,500↓
Looking for a beautiful, spacious, country home?  This well maintained 4 bedroom 3 bath home is located just outside of town close to the elementary school. This home features newer carpet and roof 2021.  It has a new Wolverine water softener system, New deck and walkway that leads to the relaxing fire pit.  It also features new in 2023. Heat, electric, drywall, roof, garage door and siding for the garage.  Has a nice shed and a second garage for storage.  The rooms are spacious with main floor laundry; a very useful large kitchen with a huge pantry and nice dining area.  Master bedroom features a master bath, walk in closet and soaking tub to relax after a long day.  2 Hour notice to show.  This is one you won't want to miss.  Come out and take a look. BATVAI **Motivated seller**Immediate Possession**

Details

Property type

Single Family Residence

Lot size

4.00 acres

Price per sq ft

$125

Year built

2005

Annual property taxes

$1,993.57

Price History

09/18/2024
MiRealSource

MiRealSource #50145171

Price change
$285,000
-0.87%
08/28/2024
MiRealSource

MiRealSource #50145171

Price change
$287,500
-2.51%
08/14/2024
MiRealSource

MiRealSource #50145171

Price change
$294,900
-1.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Durand Area Schools

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

$86,305
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$175,895
Cash to seller
$86,305

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

Seller’s Loan History

Lender

First Guaranty Mortgage Corp

Loan start date

December 2021

Original loan amount

$190,000

Est. remaining balance

$175,895

Interest rate

3.09%

Loan type

VA, 26 year

Seller

Jeffrey Alan Jenkins

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 2:35 PM

Listing updated: 10/25/2024 at 9:50 AM

Listed by: Laurie Terry, Coldwell Banker Professionals Morrice/Owosso Phone #: (517) 625-4488

MLS: MiRealSource #50145171

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