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$344,900

Beds
3
Baths
1.0
sq ft
1,512

116 S Park St, Spring Lake, MI 49456

116 S Park St

Spring Lake Vlg, MI 49456

  • 81 days on market
    • Price drop $20,000↓
Live steps away from the heart of the village! This tastefully decorated 3-bedroom home boasts a prime location directly across from the splash pad and bustling farmers market. Unwind and take in stunning Grand River vistas every day. Inside, discover abundant charm and thoughtfully designed living spaces. This home offers a spacious and private fenced in backyard, perfect for summer gatherings or relaxing in the hot tub. This property is located within the coveted allowable short term rental district. Don't miss out on this exceptional village gem!

Details

Property type

Single Family Residence

Est. home value

$277,391

Lot size

6,970 sq ft

Price per sq ft

$229

Year built

1946

Annual property taxes

$2,784

Price History

09/03/2024
Realcomp

Realcomp #71024033104

Price change
$344,900
-5.48%
08/17/2024
Realcomp

Realcomp #71024033104

Removed
$364,900
08/06/2024
Realcomp

Realcomp #71024033104

Price change
$364,900
-2.67%

Schools & Community

Neighborhood: 

Spring Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Spring Lake

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

$218,876
Asking price
$344,900
Closing costs (~8% of asking)
-$27,592
Est. remaining loan balance
-$98,432
Cash to seller
$218,876

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

June 2019

Original loan amount

$109,000

Est. remaining balance

$98,432

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Jason T Steigenga and Jennifer M Steigenga

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: 09/17/2024 at 11:05 PM

Listing updated: 09/03/2024 at 10:01 AM

Listed by: Carmen Veurink, @HomeRealty Phone #: (616) 935-9000

MLS: Realcomp #71024033104

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