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$625,000

Beds
4
Baths
2.0
sq ft
1,060

321 E Merchant St, New Buffalo, MI 49117

321 E Merchant St

New Buffalo, MI 49117

  • 526 days on market
    • Price drop $60,000↓
Built in 2014. Cedar sided ranch style house is just blocks to downtown. Full finished basement. 12x44 side deck and super large stone patio in the back with a firepit. Used as a str with 2023 net income of 25,000.

Details

Property type

Single Family Residence

Est. home value

$533,732

Lot size

6,098 sq ft

Price per sq ft

$590

Year built

2014

Annual property taxes

$1,164

Price History

03/05/2024
Realcomp

Realcomp #69023134443

Price change
$625,000
-8.76%
01/30/2024
Realcomp

Realcomp #69023134443

Removed
$685,000
01/18/2024
Realcomp

Realcomp #69023134443

Listed
$685,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

New Buffalo

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Cnb Bank & Trust Na

Loan start date

January 2020

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving)

Seller

Historic Horizons Inc

Lender

Cnb Bank & Trust Na

Loan start date

December 2017

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.16%

Loan type

Commercial

Seller

Historic Horizons Inc

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: 02/23/2025 at 8:20 PM

Listing updated: 02/02/2025 at 10:59 AM

Listed by: Betty B. Ramsey, Berkshire Hathaway HomeServices Chicago Phone #: (269) 469-8300

MLS: Realcomp #69023134443

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