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$374,900

Beds
5
Baths
2.5
sq ft
2,350

1981 Forest Park Rd, Norton Shores, MI 49441

1981 Forest Park Rd

Norton Shores, MI 49441

  • 27 days on market
    • Price drop $5,000↓
Large home located in the Mona Shores School district just down the road from Lake Harbor Park and Lake Michigan. This home features 5 bedrooms, 3 bathrooms, 2 large living areas, a gas log fireplace, main floor laundry hookup, a full basement ready to be finished, on demand water heater, and a fully fenced-in yard with 2 storage sheds and underground sprinkling with a separate meter. Call today for your private showing. Buyer and buyer's agent to verify all information.

Details

Property type

Single Family Residence

Est. home value

$349,238

Lot size

0.33 acres

Price per sq ft

$160

Year built

1969

Annual property taxes

$5,364

Price History

11/11/2024
Realcomp

Realcomp #71024056386

Price change
$374,900
-1.32%
10/29/2024
Realcomp

Realcomp #71024056386

Price change
$379,900
-2.56%
10/25/2024
Realcomp

Realcomp #71024056386

Listed
$389,900
+16.39%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mona Shores

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

$86,302
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$258,606
Cash to seller
$86,302

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

July 2022

Original loan amount

$268,000

Est. remaining balance

$258,606

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Elizabeth Truax and Ryan Truax

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: 11/22/2024 at 10:30 AM

Listing updated: 11/18/2024 at 11:20 AM

Listed by: Justin Malek, Nexes Realty Muskegon Phone #: (231) 739-3501

MLS: Realcomp #71024056386

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