tomo logo

$399,000

Beds
3
Baths
2.0
sq ft
1,575

8646 Petz Rd, Imlay City, MI 48444

8646 Petz Rd

Imlay Twp, MI 48444

  • 92 days on market
Farmhouse on 15 acres just east of Imlay City. House has had updates and has newer kitchen cabinets and countertops. There is a 30 x 60 pole barn that is insulated with water and electric and a concrete floor. There is also a 48 X 64 steel building that is insulated with water electric and concrete. There is also an old barn with a stave type silo. Sale is subject to current harvest rights.

Details

Property type

Single Family Residence

Lot size

15.02 acres

Price per sq ft

$254

Year built

1885

Annual property taxes

$4,985

Price History

09/21/2024
Realcomp

Realcomp #20240071215

Listed
$399,000
+195.56%
10/18/2019
MiRealSource

MiRealSource #31391684

Sold
$135,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Imlay City

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

$275,169
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$91,911
Cash to seller
$275,169

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 Savings Bank

Loan start date

October 2020

Original loan amount

$101,250

Est. remaining balance

$91,911

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Revan Dabish

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 1:40 AM

Listing updated: 09/23/2024 at 10:01 AM

Listed by: Mark Hart, Hart Realty Phone #: (989) 635-0021

MLS: Realcomp #20240071215

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