tomo logo

$1,950,000

Beds
4
Baths
2.5
sq ft
1,980

357 Ferry St, Douglas, MI 49406

357 Ferry St

Douglas Vllg, MI 49406

  • Pending
One of a kind home with amazing views of Kalamazoo Lake and 100' dock! This butterfly style modern home was professionally designed with custom furnishings and artistic features inside and out. The terraced yard was recently added with sun decks, water feature, built-in raised beds, and fire pit. The home has a galley kitchen with a Quarts waterfall edge island, custom pendants, hand forged dining fixture and luxury vinyl floors throughout. The stacked backed folding wall of glass is perfect for having a seamless space for entertaining and viewing sunrises over the water. The upper level has 4 bedrooms, an owners suite with private deck, walk in closet, bath and attached laundry, and the street side guest room has a large private deck. The upper level also has an additional family room.

Details

Property type

Single Family Residence

Est. home value

$1,039,744

Lot size

0.32 acres

Price per sq ft

$985

Year built

2017

Annual property taxes

$13,724.65

Price History

09/13/2024
Realcomp

Realcomp #71024036080

Pending
$1,950,000
07/24/2024
Realcomp

Realcomp #71024036080

Listed
$1,950,000
07/23/2024
Realcomp

Realcomp #71024036080

Pending
$1,950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saugatuck

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

$1,181,988
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$612,012
Cash to seller
$1,181,988

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

January 2022

Original loan amount

$647,200

Est. remaining balance

$612,012

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Jeffrey A Kerr

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
$2,150,000
4 bd
|
3 ba
|
2,590 sq ft
|
House

2933 Lakeshore Dr, Fennville, MI 49408

Price drop
Realcomp
$1,695,000
4 bd
|
4 ba
|
2,407 sq ft
|
House

2407 Interlake Walk, Macatawa, MI 49434

Realcomp
$1,675,000
4 bd
|
3.5 ba
|
2,221 sq ft
|
House

50 Park St, Saugatuck, MI 49453

Status: Pending/Under Contract

Tomo last checked: 09/19/2024 at 7:20 PM

Listing updated: 09/13/2024 at 4:21 PM

Listed by: Tammy L Kerr, CENTURY 21 Affiliated Phone #: (269) 857-2121

MLS: Realcomp #71024036080

Realcomp logo

Recently listed in Douglas Vllg

$974,000|5 bd|4.0 ba|House
$2,300,000|3 bd|2.5 ba|House
$1,200,000|5 bd|4.0 ba|Condo
$947,000|2 bd|2.0 ba|House
$525,000|4 bd|2.0 ba|House
$649,000|7 bd|4.0 ba|Condo