tomo logo

$449,000

Beds
4
Baths
3.0
sq ft
1,728

941 Old Sorrel Dr, Lapeer, MI 48446

941 Old Sorrel Dr

Mayfield Twp, MI 48446

  • 52 days on market
    • Price drop $20,900↓
This 4 bedroom, 3 full bath beautiful brick ranch is a stunner! You'll immediately be impressed with the beautiful array of gardens and a hill top view as you enter the driveway. The meticulously cared for home offers updates throughout. The kitchen was completely remodeled in 2020 with Cambria Quartz countertops, tile backsplash and new stainless steel appliances. The picturesque views from the dining room, living room, and primary bedroom overlook the beautiful property and in-ground pool. The walk out lower level has another bedroom, bathroom, and more room for entertainment. An additional 3-bay garage offers heat, electricity, water, concrete floor and has 2 horse stalls. The rolling property in the back is mainly pasture and backs up to a beautiful horse farm. There is a low area to the east which is wooded for all you hunters out there. State land is also in close proximity. This property offers enough frontage for a split with township approval. Homes in this neighborhood don't see the market too often, so don't hesitate to schedule your showing today.

Details

Property type

Single Family Residence

Est. home value

$426,182

Lot size

10.26 acres

Price per sq ft

$260

Year built

1978

Annual property taxes

$4,252

Monthly HOA fee

$20.83

Price History

10/17/2024
Realcomp

Realcomp #20240069089

Price change
$449,000
-4.45%
10/06/2024
Realcomp

Realcomp #20240069089

Price change
$469,900
-2.08%
09/13/2024
Realcomp

Realcomp #20240069089

Listed
$479,900
+9.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lapeer

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

$3,925
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$409,155
Cash to seller
$3,925

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

Seller’s Loan History

Lender

Legacy Mortgage

Loan start date

July 2023

Original loan amount

$414,770

Est. remaining balance

$409,155

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Kevin Walsh and Jacob Poppe

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 9:55 AM

Listing updated: 10/17/2024 at 7:05 PM

Listed by: Ryan Lovik, The Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20240069089

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