tomo logo

$1,180,000

Beds
5
Baths
2.5
sq ft
2,192

9115 Steiner Rd, Bellaire, MI 49615

9115 Steiner Rd

Forest Home Twp, MI 49615

  • 41 days on market
20 ACRE HOBBY FARM - Just a stone's throw to Torch Lake! A modern Victorian farm house w/5 bedrooms, 2.5 baths, original pine & maple floors, & updated throughout. 3 season porch is perfect for relaxing with a good book, card games or afternoon naps. Main floor primary bedroom. This property has been meticulously maintained and has so much charm. 3 car garage, charming old stone cottage and a traditional barn that is in excellent condition. Barn floor has been replaced. Stone cottage and barn would be perfect for a painters studio, entertaining, storage or for farming. Beautiful mature trees include hardwoods, pines and fruit trees. Walk, snowshoe, ride or cross-country ski through the ample trails thoughtfully carved into this 20 acre parcel. Views of Torch Lake throughout property. Could be split for water view building sites.....Sky's the limit! Located near the east side of Torch Lake in Bellaire. Around the corner from the Dockside restaurant and just 10 minutes to Bellaire or Alden.

Details

Property type

Single Family Residence

Est. home value

$497,145

Lot size

19.70 acres

Price per sq ft

$539

Year built

1931

Annual property taxes

$2,892

Price History

09/24/2024
Realcomp

Realcomp #78080050966

Listed
$1,180,000
+306.9%
06/22/2012
Realcomp

Realcomp #78001105978

Sold
$290,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bellaire

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

$918,572
Asking price
$1,180,000
Closing costs (~8% of asking)
-$94,400
Est. remaining loan balance
-$167,028
Cash to seller
$918,572

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

June 2012

Original loan amount

$232,000

Est. remaining balance

$167,028

Interest rate

3.84%

Loan type

Not Provided, 30 year

Seller

Robert Ferguson and Kelly Ferguson

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 9:45 AM

Listing updated: 09/27/2024 at 6:51 AM

Listed by: Darci Springborn, Phone #: (231) 264-5000

MLS: Realcomp #78080050966

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