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$349,000

Beds
3
Baths
2.0
sq ft
1,522

3083 Michigan Ave, Coloma, MI 49038

3083 Michigan Ave

Hagar Twp, MI 49038

  • 87 days on market
STR investors, 2nd home buyers, and those wanting to enjoy beach community living year-round...Pictures speak a thousand words regarding this one-of-a-kind custom Lake Michigan Beach cottage. Recently remarkably renovated with summertime getaways in mind. Entertain family and friends in the large kitchen flowing into the living/dining area with cathedral ceilings and custom cabinetry. Windows surround you letting in plenty of light and sounds of waves crashing on the shore. Master bedroom boasts custom platform King bed with ensuite bathroom/laundry. Second bedroom makes wonderful use of the space with two built-in bunkbeds. Basement so tastefully finished with a playhouse the kids will only want to come up to head to Hagar Park beach, just a few blocks away. Brand new well and septic.

Details

Property type

Single Family Residence

Est. home value

$162,411

Lot size

0.23 acres

Price per sq ft

$230

Year built

1930

Annual property taxes

$941

Monthly HOA fee

$37.5

Price History

11/01/2024
Realcomp

Realcomp #69024045036

Price change
$349,000
+2.95%
08/28/2024
Realcomp

Realcomp #69024045036

Removed
$339,000
08/27/2024
Realcomp

Realcomp #69024045036

Listed
$339,000
+1638.46%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Coloma

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

$223,891
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$97,189
Cash to seller
$223,891

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

Seller’s Loan History

Lender

Honor Cu

Loan start date

October 2022

Original loan amount

$100,000

Est. remaining balance

$97,189

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Nathan Todd and Abigail Todd

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 12:30 AM

Listing updated: 11/08/2024 at 8:05 AM

Listed by: John Ross Jordan, Siriano Realty Phone #: (269) 325-0039

MLS: Realcomp #69024045036

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