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$214,500

Beds
2
Baths
1.0
sq ft
1,090

1523 Lake Ave, Portage, MI 49002

1523 Lake Ave

Portage, MI 49002

  • 7 days on market
Tired of paying rent? Discover your new home in Portage! This affordable two-bedroom residence offers the perfect blend of comfort and modern amenities.The kitchen features stunning granite countertops and soft-close cabinets, providing both style and functionality for your culinary adventures.Step into the family room, a delightful transformation from a former breeze-way, where French doors allow natural light to flood in, creating a welcoming atmosphere for gatherings or quiet evenings.The living room is equally inviting, boasting beautiful plastered walls and cove ceilings that add character and charm. Enjoy pleasant views that enhance the overall ambiance of this cozy space.The backyard is mostly fenced, making it an ideal spot for your pets to roam freely

Details

Property type

Single Family Residence

Est. home value

$198,989

Lot size

0.25 acres

Price per sq ft

$197

Year built

1957

Annual property taxes

$2,533

Price History

10/28/2024
Realcomp

Realcomp #66024055776

Removed
$224,500
+4.66%
10/28/2024
Realcomp

Realcomp #66024056556

Listed
$214,500
-4.45%
10/23/2024
Realcomp

Realcomp #66024055776

Listed
$224,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Portage

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

$178,454
Asking price
$214,500
Closing costs (~8% of asking)
-$17,160
Est. remaining loan balance
-$18,886
Cash to seller
$178,454

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

Seller’s Loan History

Lender

Consumers Cu

Loan start date

January 2013

Original loan amount

$75,000

Est. remaining balance

$18,886

Interest rate

2.67%

Loan type

Not Provided, 15 year

Seller

Stewart Hershberger and Catherine Hershberger

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: 11/05/2024 at 7:35 AM

Listing updated: 11/04/2024 at 12:00 PM

Listed by: Nancy M Simmons, RE/MAX Advantage Phone #: (269) 323-3900

MLS: Realcomp #66024056556

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