435 Cherry St, Negaunee, MI 49866 $19,900

Property Features

4 Bed, 1 bath home located in Negaunee, MI. This home is located in a family neighborhood close to schools. The interior of this home is in nice shape but may require some repairs and updates. Overall this can be a really nice family home!


Asset manager contact

Kay Oweis
Kay Oweis
Asset Manager

Agent Testimonials

  • I purchased an REO property listed on Zillow from CasterockReo. It was fairly priced and the property was accurately described on their website and the salesperson Kay was both knowledgeable and professional. The closing was easily handled and timely. Kay handled all the details of the closing and worked directly with my closing attorney. I would definitely buy another property from them.

    Buyer, 2014
  • I recently purchased my new home from Castlerock REO . With the help of Kay O whom was such a tremendous help throughout the whole buying process. She was always quick to respond to any and all my questions and she was very involved from start to finish. I plan to buy more properties through CR because of the caring ,kindness and knowledgeable expertise shown to myself and my husband by Kay. She went above and way beyond to help with this sale. Thank you….. on a scale of 1 to 10 I rate CR and Kay a 20.

    Buyer, 2016
  • I recently purchased a home from Castlerock REO with the expert help of Kay O. She was very knowledgeable and always was there to answer any and all questions I had at anytime. She made the purchase of my new home a very pleasant experience. I look forward to my next purchase with Castlerock and hope Kay is there to help

    Buyer, 2016
  • Kay was great ! she walked me right though the process and made it easy ! If I buy property again through castlerock and I’m hoping someday I will I truly hope I get to work with Kay and her team . They are very professional at what they do and have great personalities as well . It was a very easy process working Kay . Thank you ! Wade Giles

    Buyer, 2017
  • Great people to work with no problems,found house bought and closed less than 30 days. Will buy from them again

    Buyer, 2017
  • We worked with Kay at CastleRock REO and had a great experience! We had a very quick offer and negotiation period and closed on our property very quickly. As our property was in Indiana and Kay in New York, Local Knowledge really did not come in to play, thus my average rating. Kay returned all of our calls very promptly during the negotiation period and worked through the weekend to get a deal reached for us. We will definitely keep our eyes open for CastleRock properties in our area in the future.

    Buyer, 2014
  • Kay was very helpful, she explained how everything worked,(We ended up paying asking price, which was an incredable buy!) We are now in process of remodeling. I will be looking for other properties offered by CastleRock in our area for future investments. Thanks so much.

    Buyer, 2015
  • We purchased a home at a very reasonable price. We contacted Kay who helped us through the entire process. I believe that we were demanding as the home was being purchased for my daughter, involving a home equity loan on our part, and was complex, we were both emailing and calling and all of our issues were answered timely and answered our concerns. We were directed as to the steps that we needed to complete in order to finalize. I would buy another home and feel safe to deal with this company.

    Buyer, 2015
  • I recently purchased my second home with CastleRockREO. I dealt with Kay. She was fast to respond to all my emails. I was a bit hesitant at first, since I didn’t have an agent to represent me. But there was no need to worry. Actually it worked out better. It saved time and money. I was able to negotiate directly with Kay and close in under 2 weeks. Unlike my first home where I had to wait for the bank. I would buy another home from CastleRockREO. Wish the best of luck. Hope they continue to grow.

    Buyer, 2015
  • Agent was exceptional to work with. Would look forward to working with Kay in the future.

    Buyer, 2015
  • Great transaction. No Nonsense business…..just the way I like it. 🙂

    Buyer, 2015
  • Kay Oweis was an angel. she answered all my questions very promptly always kept me informed as to the status of what was going on with the property. she was a joy to work with on buying this house. I would recommend Castle Rock very highly because of the personal attention that Kay gave both me and my husband. She was and is more like a very good friend rather than a sales person. Kay was the best.

    Buyer, 2016
  • I dealt with Kay she made the experience as stress free as she could. I would definitely deal with them again. I already passed their information to all who will listen.

    Buyer, 2016

Home purchasing options

Discounted Cash Price

One time cash price

$19,900

This discounted cash price is for investors/owner occupants who have the money up front and will not require owner financing. This home is being sold as-is.

Castlerock and its affiliates reserve the right to accept any offer at any time during any property's duration on the market. Please note that Castlerock may not always accept the highest offer or even a full priced offer as some offers come with contingencies, conditions or long closing times. Any email stating that an offer has been approved does not officially mean Castlerock has to honor that offer. An offer is only officially accepted when a Castlerock generated contract is signed by both buyer and seller.

Per company policy, a property must be on the local MLS for 7 business days before we accept the final offer. Thank you.

Owner Financing price

Total financed amount for contract for deed

$ 1,500 down and $ 557.20 per month
Total note amount of $ 47,000

Financing is done using a common contract for deed. The down payment and monthly payments cover principal and interest over a 20 to 30 year term. Our financing allows buyers to own a home for low monthly payments that are generally lower than a rent. Please note the contract for deed price is higher than the discounted cash price.

In order to qualify for this home, you must

  • Make a combined net income of at least $1,800 per month. (Some homes require a higher monthly income)
  • Have secure employment, job stability, and decent credit
  • Have the ability to make repairs to the house.

Property is sold in "as-is" condition and will need some work and repairs. The price for this home reflects the work needed and it will be your responsibility if you are the buyer.

Learn more

Disclaimer

CastleRock REO and its affiliates offers this property for sale in "as-is" condition at the time of sale or closing, including any hidden defects of any nature, known or unknown. Prior to purchasing the property, buyers should determine the condition of the property by physical inspection. In addition potential buyers should research or have researched any back taxes, outstanding utilities or city or municipal code violations, including condemnations.