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$269,900

Beds
5
Baths
3.0
sq ft
3,400

971 N Al Moses Rd, Lake City, MI 49651

971 N Al Moses Rd

Lake City, MI 49651

  • 357 days on market
    • Price drop $15,000↓
Check out this spacious home on 6 acres! This home has a TON of storage, and has endless potential. Seller has replaced both booster pumps for the heating system, Septic tank has been repaired, pressure switch for the well has been replaced, etc. Home also features a separate electric hookup and a second septic tank, perfect for a camping spot! The property also features a barn and several storage sheds across the property!

Details

Property type

Single Family Residence

Est. home value

$271,370

Lot size

6.00 acres

Price per sq ft

$80

Year built

1976

Annual property taxes

$2,501.98

Price History

05/16/2024
MiRealSource

MiRealSource #50127802

Price change
$269,900
-5.27%
04/18/2024
MiRealSource

MiRealSource #50127802

Price change
$284,900
-5%
11/14/2023
MiRealSource

MiRealSource #50127802

Listed
$299,900
+105.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake City Area School District

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

$180,609
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$67,699
Cash to seller
$180,609

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

Seller’s Loan History

Lender

Fifth Third Mortgage - Mi, Llc

Loan start date

February 2009

Original loan amount

$102,800

Est. remaining balance

$67,699

Interest rate

5.01%

Loan type

Not Provided, 30 year

Seller

Donald E Springberg and Jean E Springberg

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: 05/29/2024 at 9:44 AM

Listed by: Drew Pursley, Gateway Brokerage Phone #: (810) 255-1200

MLS: MiRealSource #50127802

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