tomo logo

$450,000

Beds
4
Baths
2.5
sq ft
2,014

340 Terrace Point Cir, Muskegon, MI 49440

340 Terrace Point Cir

Muskegon, MI 49440

  • Pending
Multiple offers, HIGHEST AND BEST DUE 9/17/24 at 8PM. Enjoy maintenance free waterfront living! This Terrace Point condo has all the upgrades and is nearly new! Spacious floorplan offering 4 bedrooms and 2 1/2 bathrooms. Open concept living area with two story living room. Main floor primary suite with tile shower and walk in closet. Main floor guest room and storage room, as well as convenient main floor laundry. The second floor boasts a loft overlooking the great room with a glass half wall. Perfect for a lounge space or home office. Two more bedrooms and a full bath complete the upper level. Finished garage can be used for a vehicle, storage, or rec room. Tons of entertaining space on the wrap around covered porch and back patio. Enjoy fireworks and views of downtown from your front yard! Terrace Point Landing offers privacy but is just blocks from downtown. Association offers a common area with gazebo, a pool and bathhouse, boat docks, and overflow parking area. NEZ tax credit available for owner occupants. Buyer to verify all information.

Details

Property type

Condominium

Est. home value

$442,396

Lot size

3,920 sq ft

Price per sq ft

$224

Year built

2018

Annual property taxes

$2,033

Monthly HOA fee

$250

Price History

09/18/2024
Realcomp

Realcomp #71024047416

Pending
$450,000
09/09/2024
Realcomp

Realcomp #71024047416

Listed
$450,000
+38.5%
06/10/2021
Realcomp

Realcomp #71021008349

Sold
$324,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Muskegon

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

$142,214
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$271,786
Cash to seller
$142,214

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2021

Original loan amount

$292,410

Est. remaining balance

$271,786

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Jordan R Houseman and Nicole Elizabeth Benovic

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?

Similar Homes Nearby

Realcomp
$499,900
4 bd
|
3.5 ba
|
1,692 sq ft
|
House

1813 Ruddiman Dr, Muskegon, MI 49445

Realcomp
$389,900
3 bd
|
2 ba
|
1,523 sq ft
|
Condo

2411 Lake Ave Unit 18, Muskegon, MI 49445

Realcomp
$409,900
2 bd
|
2 ba
|
1,420 sq ft
|
Condo

1501 W Addison Way, Muskegon, MI 49445

Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 6:00 AM

Listing updated: 09/18/2024 at 3:51 PM

Listed by: Thomas A Serio, Real Estate West Phone #: (231) 246-8000

MLS: Realcomp #71024047416

Realcomp logo

Recently listed in Muskegon

$249,900|3 bd|1.0 ba|House
$169,900|4 bd|1.0 ba|House
$174,900|4 bd|1.0 ba|House
$325,000|3 bd|1.0 ba|House
$178,900|3 bd|1.0 ba|House
$106,000|2 bd|1.0 ba|House
$429,900|4 bd|3.0 ba|House
$259,900|2 bd|2.5 ba|House