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$275,000

Beds
3
Baths
1.5
sq ft
1,400

223 Riverside Dr, Manchester, MI 48158

223 Riverside Dr

Manchester Vlg, MI 48158

  • 22 days on market
    • Price drop $24,900↓
Welcome home to this stunning two-story home, thoughtfully rebuilt from the ground up in 1995 and nestled in the charming heart of Manchester Village. Spanning 1,400 square feet, this delightful residence features 3 spacious bedrooms and 1.5 baths. The bedrooms all have a walk-in closets. The open-concept kitchen is perfect for casual dining and entertaining, with a welcoming seating area, a walk-in pantry for added convenience, and a thoughtfully placed first-floor laundry. The back deck is an ideal setting for relaxing or hosting gatherings. The location is perfectly situated near the vibrant communities of Ann Arbor, Chelsea, Jackson, Adrian, and Saline, providing easy access to amenities and attractions. Walking distance to the quaint downtown of Manchester and schools. One-car garageSeveral recent improvements, including a new roof for both the house and garage (2012), energy-efficient triple-paned argon gas windows installed (2019), AC/Furnace updated (2023) with whole house duct cleaning, new carpet, and front porch updated with new foundation, steps, and decking. The outdoor space is enhanced with a generous deck (2013), new gutters with gutter guards (2019), and freshly poured cement sidewalks and driveway. City water and sewer, as well as a purchased water softener and an inground sprinkler system, ensuring low-maintenance living.

Details

Property type

Single Family Residence

Est. home value

$253,252

Lot size

6,098 sq ft

Price per sq ft

$197

Year built

1910

Annual property taxes

$2,600

Price History

11/07/2024
Realcomp

Realcomp #81024057144

Price change
$275,000
-8.3%
10/31/2024
Realcomp

Realcomp #81024057144

Listed
$299,900
+54.59%
03/27/2020
Realcomp

Realcomp #53020007146

Sold
$194,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Manchester

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

$80,506
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$172,494
Cash to seller
$80,506

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

Seller’s Loan History

Lender

The Dart Bank

Loan start date

March 2020

Original loan amount

$190,486

Est. remaining balance

$172,494

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Kathryn Lavigne

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: 11/23/2024 at 12:25 AM

Listing updated: 11/07/2024 at 11:00 AM

Listed by: Rachel Mills, Phone #: (734) 477-9400

MLS: Realcomp #81024057144

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