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$175,000

Beds
4
Baths
1.0
sq ft
2,357

905 Nichols Rd, Sherwood, MI 49089

905 Nichols Rd

Matteson Twp, MI 49089

  • Pending
    • Price drop $10,000↓
Beautiful country setting situated on almost an acre! Located on a quiet country road, this 4 bedroom, 1 bathroom farm house is exactly what you have been waiting for. Featuring a spacious kitchen, supplemental wood burning furnace & main floor laundry. Recently updated with a newer furnace, metal roof, and water heater, this home is designed for comfort and convenience. With ample space both inside and out, this property offers the ideal setting for those seeking peace and plenty of room to grow. Call today for a personal showing on this one of a kind home.

Details

Property type

Single Family Residence

Est. home value

$154,487

Lot size

1.29 acres

Price per sq ft

$75

Year built

1930

Annual property taxes

$1,010

Price History

09/13/2024
Realcomp

Realcomp #62024041750

Pending
$175,000
09/03/2024
Realcomp

Realcomp #62024041750

Price change
$175,000
-5.41%
08/19/2024
Realcomp

Realcomp #62024041750

Price change
$185,000
-5.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bronson

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

$108,074
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$52,926
Cash to seller
$108,074

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2009

Original loan amount

$77,611

Est. remaining balance

$52,926

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Michael R Osborne and Kami Rae Osborne

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: 09/19/2024 at 7:05 PM

Listing updated: 09/13/2024 at 9:01 AM

Listed by: Grace Roberts Elevate Team, Phone #: (269) 290-0298

MLS: Realcomp #62024041750

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