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$424,900

Beds
4
Baths
2.0
sq ft
1,848

8748 Welter Rd, Ovid, MI 48866

8748 Welter Rd

Ovid Twp, MI 48866

  • Pending
Nature lovers paradise! Rare opportunity to own a home on 18 acres overlooking 2 amazing ponds. It sits off the road adding to the peace and quiet you would expect having 18 acres. The home features brick exterior w/ some wood siding, expansive front porch and a large deck to enjoy your oasis. Inside you'll find hardwood floors throughout the main level, 3 bedrooms with lots of built in shelving. Custom built oak kitchen with a built in breakfast nook and included appliances. The lower level is partially finished with drywall and boasts and extra bedroom and full bath. The home has a large 2 car garage, as well as a pole barn with an loft for loads of storage. This property has tons of potential to make this home your own.

Details

Property type

Single Family Residence

Est. home value

$374,006

Lot size

18.37 acres

Price per sq ft

$230

Year built

1983

Annual property taxes

$3,926

Price History

09/14/2024
Realcomp

Realcomp #81024047767

Pending
$424,900
09/10/2024
Realcomp

Realcomp #81024047767

Listed
$424,900
+83.54%
01/17/2018
Realcomp

Realcomp #630000221743

Sold
$231,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ovid Elsie

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

$193,681
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$197,227
Cash to seller
$193,681

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

April 2021

Original loan amount

$212,500

Est. remaining balance

$197,227

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

David Lamanque and Lorrie Lamanque

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: Pending/Under Contract

Tomo last checked: 09/18/2024 at 12:30 AM

Listing updated: 09/14/2024 at 3:51 PM

Listed by: Keith Raymond, Phone #: (269) 600-4397

MLS: Realcomp #81024047767

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