tomo logo

$1,150,000

Beds
4
Baths
2.0
sq ft
1,709

16929 Royal Ave, Spring Lake, MI 49456

16929 Royal Ave

Ferrysburg, MI 49456

  • Pending
    • Price drop $200,000↓
Welcome to 16929 Royal Lane! This gorgeous 4 bedroom, 2 bath waterfront home provides the perfect cottage feel and sits in the perfect location close to Lake Michigan and downtown Grand Haven. BONUS! THIS HOME IS APPROVED FOR WEEKLY RENTALS! Upon entering, you are welcomed by a spacious kitchen with white cabinetry, stainless steel appliances and a center island for entertaining! The large open concept living area offers a stone fireplace and large windows offering a panoramic view of the Bayou! The gorgeous primary suite offers stunning views and a slider that leads to the back deck area! Also on the main level there are 3 additional bedrooms and 2 full bathrooms! Heading to the fully finished lower level you will find an additional living area, laundry room, office space.This home sits on half an acre and includes a large newly renovated detached garage making this space the perfect area for hosting and more! The exterior of this home has been meticulously maintained and offers a beach area, large composite deck and a gorgeous gazebo! This home is an absolute must see! Call today to schedule your private showing!

Details

Property type

Single Family Residence

Est. home value

$1,183,142

Lot size

0.50 acres

Price per sq ft

$673

Year built

1960

Annual property taxes

$14,651

Price History

09/19/2024
Realcomp

Realcomp #71024005762

Pending
$1,150,000
06/25/2024
Realcomp

Realcomp #71024005762

Price change
$1,150,000
-14.81%
02/02/2024
Realcomp

Realcomp #71024005762

Listed
$1,350,000
+12.5%

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

$356,493
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$701,507
Cash to seller
$356,493

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

Seller’s Loan History

Lender

Investors Mortgage Finance Llc

Loan start date

April 2022

Original loan amount

$735,000

Est. remaining balance

$701,507

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

917 W Savldge Street Spring Lake Llc

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?

Similar Homes Nearby

A home in FerrysburgRealcomp
$1,299,000
4 bd
|
2 ba
|
1,546 sq ft
|
House

16631 Lakeview St, Spring Lake, MI 49456

Realcomp
$1,200,000
3 bd
|
2 ba
|
2,499 sq ft
|
House

18098 Lovell Rd, Spring Lake, MI 49456

Realcomp
$1,035,000
3 bd
|
2.5 ba
|
2,462 sq ft
|
House

113 Clinton Ave, Grand Haven, MI 49417

Status: Pending/Under Contract

Tomo last checked: 10/05/2024 at 8:10 PM

Listing updated: 09/19/2024 at 12:41 PM

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

MLS: Realcomp #71024005762

Realcomp logo

Recently listed in Ferrysburg