$950,000

Seller could get up to $324,206

Learn how this information can help you negotiate

Beds: 5
Baths: 2.0
sq ft: 1,792

126 Prospect St, Grand Haven, MI 49417

126 Prospect St

Grand Haven, MI 49417

17 days on market

Open house Feb 23

Welcome to 126 Prospect! This turn-key investment OR personal, year round home is located on FIVE MILE HILL in the city of Grand Haven! State Park Beach is right down the hill. Close to shops, beaches, restaurants, & Lake Michigan! Located in the SHORT TERM RENTAL DISTRICT, this home offers a list of seasonal rental clients already booked for 2025. Upper level of this 5 bed, 2 full bath home offers a fireplace and the perfect viewing spot for gorgeous Michigan sunsets. Room for everyone to park, play and stay. Most furniture to be included. All appliances stay. Call today for your private showing!

Details

Property type

Single Family Residence

Est. home value

$784,909

Lot size

8,712 sq ft

Price per sq ft

$531

Year built

1966

Annual property taxes

$19,799

Price History

02/06/2025

Realcomp #71025004458

Listed

$950,000

+26.67%

03/31/2023

Realcomp #71022034292

Sold

$750,000

Schools & Community

Elementary school:

Unknown

Middle school:

Unknown

High school:

Unknown

School district:

Grand Haven

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

$324,206

Asking price

$950,000

Closing costs (~8% of asking)

-$76,000

Est. remaining loan balance

-$549,794

Cash to seller

$324,206

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

March 2023

Original loan amount

$562,500

Est. remaining balance

$549,794

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Karin Abie Shimmel and Douglas Shimmel

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: 02/23/2025 at 5:10 PM

Listing updated: 02/23/2025 at 2:14 PM

Listed by: Brian David Klingel, Brian David Klingel, Coldwell Banker Woodland Schmidt Grand HavenColdwell Banker Woodland Schmidt Grand Haven Phone #: (616) 844-9000

MLS: Realcomp #71025004458

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