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$110,000

Beds
2
Baths
2.0
sq ft
924

8550 Woodland Dr, Saranac, MI 48881

8550 Woodland Dr

Boston Twp, MI 48881

  • 58 days on market
    • Price drop $20,000↓
Nestled on 4 beautiful acres, this property offers a prime building site with endless possibilities. A private drive leads to a secluded and serene setting, perfect for creating your dream home. The existing house is in need of ''significant work''. The true value lies in the 4 acres and its potential. Whether you're looking to build new or renovate, this is a rare opportunity to own a piece of property with so much promise. Seller is offering the property ''AS IS.'' Don't miss out on this Great Investment Opportunity!

Details

Property type

Manufactured On Land

Est. home value

$123,728

Lot size

4.00 acres

Price per sq ft

$120

Year built

1993

Annual property taxes

$2,498

Price History

10/20/2024
Realcomp

Realcomp #65024050509

Price change
$110,000
-15.38%
09/25/2024
Realcomp

Realcomp #65024050509

Listed
$130,000
+4%
09/24/2024
Realcomp

Realcomp #65024012758

Removed
$125,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saranac

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

$74,236
Asking price
$110,000
Closing costs (~8% of asking)
-$8,800
Est. remaining loan balance
-$26,964
Cash to seller
$74,236

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

Seller’s Loan History

Lender

Npb Mortgage Llc

Loan start date

July 2003

Original loan amount

$58,500

Est. remaining balance

$26,964

Interest rate

5.26%

Loan type

Not Provided, 30 year

Seller

Larry Thuston and Sharlene Thuston

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: 11/22/2024 at 1:30 PM

Listing updated: 11/18/2024 at 4:55 PM

Listed by: Karen Nicholson, Five Star Real Estate (M6) Phone #: (616) 531-0028

MLS: Realcomp #65024050509

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