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$1,485,000

Beds
5
Baths
4.0
sq ft
3,536

148 Union St, Douglas, MI 49406

148 Union St

Douglas Vllg, MI 49406

  • 3 days on market
One of the most significant homes in Douglas. Own a slice of History that has been brought into the 21st Century. The ''Wishing Well House'' is believed to have been built in 1889 (contact agent for full history) and has been lovingly and completely restored, rebuilt and renovated by the current owner. The main house has 5 spacious bedrooms including the entire 3rd level as the main which includes a huge walk in closet, separate office space and beautiful bath. The main level contains gorgeous hardwood floors, large living room, dining room with a fireplace and sitting room with views of the patio and luxury swimming pool. The gourmet kitchen will not disappoint with high end appliances and finishes. There is a lovely studio apartment attached to the garage. Extra lot can be purchas

Details

Property type

Single Family Residence

Est. home value

$1,497,430

Lot size

0.36 acres

Price per sq ft

$420

Year built

1889

Annual property taxes

$7,982

Price History

10/03/2024
Realcomp

Realcomp #71024052072

Listed
$1,485,000
09/02/2024
Realcomp

Realcomp #71024010013

Removed
$1,485,000
03/01/2024
Realcomp

Realcomp #71024010013

Listed
$1,485,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saugatuck

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

$1,026,470
Asking price
$1,485,000
Closing costs (~8% of asking)
-$118,800
Est. remaining loan balance
-$339,730
Cash to seller
$1,026,470

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

Seller’s Loan History

Lender

Macatawa Bank

Loan start date

October 2020

Original loan amount

$440,000

Est. remaining balance

$339,730

Interest rate

2.37%

Loan type

New Conventional, 15 year

Seller

Peter C Mark and The Peter C Mark Trust

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: Active

Tomo last checked: 10/07/2024 at 2:25 AM

Listing updated: 10/03/2024 at 12:11 PM

Listed by: Richard P Waskin, RE/MAX Saugatuck-Douglas Phone #: (269) 857-2191

MLS: Realcomp #71024052072

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