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$194,900

Beds
5
Baths
1.5
sq ft
1,353

230 E State St, Hanover, MI 49241

230 E State St

Hanover Vlg, MI 49241

  • 134 days on market
    • Price drop $4,900↓
This once upon a time farmhouse now finds itself modernized and in a quiet neighborhood in the Village of Hanover. With 5 bedrooms, including a huge master suite with its own 1/2 bath, a 2nd main floor bedroom, and 3 more bedrooms upstairs, there is room for everyone. With updated vinyl windows throughout the home, highlighted by a huge front picture window, tons of natural light flood the house. Recent updates include a new high efficiency gas furnace, central AC, water softener, gutters, front porch, gravel driveway and parking area, and updated kitchen. The renovated detached 2 car block garage has a long history of being a carriage and automobile repair shop in the village.The complete garage renovation includes a new concrete floor, garage door and opener, and a cozy loft that can be used as a private getaway or craft room, or for additional storage. The home sits on a corner lot and is the perfect place for the young family to grow. Living in the Village of Hanover is like taking a step back in time to a place where everyone knows one another, and they never lock their doors. Enjoy the area's biggest 4th of July parade and celebration from your own porch, as well as "Rust and Dust Days" each August. The quintessential small town for your children to grow up in!

Details

Property type

Single Family Residence

Est. home value

$177,175

Lot size

7,841 sq ft

Price per sq ft

$145

Year built

1950

Annual property taxes

$2,518

Price History

10/05/2024
Realcomp

Realcomp #81024035240

Price change
$194,900
-2.45%
07/11/2024
Realcomp

Realcomp #81024035240

Listed
$199,800
+11.56%
04/03/2023
Realcomp

Realcomp #55023005740

Sold
$179,100
+225.64%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hanover Horton

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

$38,817
Asking price
$194,900
Closing costs (~8% of asking)
-$15,592
Est. remaining loan balance
-$140,491
Cash to seller
$38,817

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

Seller’s Loan History

Lender

Michigan State University Fcu

Loan start date

March 2023

Original loan amount

$143,280

Est. remaining balance

$140,491

Interest rate

6.09%

Loan type

New Conventional, 30 year

Seller

Jaymie L Schrot

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 12:05 AM

Listing updated: 11/09/2024 at 3:15 PM

Listed by: David Mueller, Real Broker, LLC. Phone #: (734) 677-6699

MLS: Realcomp #81024035240

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