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$685,562Estimated home value

Beds
3
Baths
2.5
sq ft
2,126

1407 River Rd, Saint Clair, MI 48079

1407 River Rd

St. Clair, MI 48079

  • Sold On 6/1/2022
Exquisite riverfront living! Charming raised ranch with a panoramic river view from every room! This 2126 square foot home features 27' cathedral ceilings. open layout, custom kitchen granite countertops, hardwood floors, two natural fireplaces, large bay windows toward the river letting plenty of natural light in. Door off the back leading to the 35x30ft rear deck with retractable awning. The walk-out basement provides an additional 2000sqft of living area totaling 4,126sqft basement door wall opens up to a new brick paver patio with a steel rain catcher ceiling to enjoy those rainy mornings watching the over! Boiler 2 years old. New tankless HWH. Dock and boat hoist. The view says it all, MUST SEE Immediate occupancy OVER 100K IN UPGRADES.

Details

Property type

Single Family Residence

Est. home value

$685,562

Lot size

0.39 acres

Price per sq ft

$306

Year built

1992

Annual property taxes

$5,056

Price History

10/23/2024
Realcomp

Realcomp #58050152819

Removed
$799,000
08/21/2024
Realcomp

Realcomp #58050152819

Listed
$799,000
+21.98%
05/31/2022
Realcomp

Realcomp #58050070483

Sold
$655,000
+31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

East China

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

$323,532
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$274,468
Cash to seller
$323,532

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

May 2022

Original loan amount

$285,000

Est. remaining balance

$274,468

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Ryan S Biewer and Jennifer Biewer

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?

Status: Off Market

Tomo last checked: 11/09/2024 at 3:20 AM

Listing updated: 08/30/2023 at 3:38 PM

Listed by: Christopher Letarte, KW Platinum Phone #: (586) 949-0200

MLS: Realcomp #58050070483

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