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$290,000

Beds
3
Baths
1.0
sq ft
1,232

3735 S Portsmouth Rd, Bridgeport, MI 48722

3735 S Portsmouth Rd

Bridgeport Twp, MI 48722

  • 103 days on market
    • Price drop $9,000↓
This charming 3-bedroom, 1-bath ranch offers the perfect country retreat on 3.9 acres of serene land with neighbors at a distance for added privacy. Enjoy peaceful living with plenty of space to roam, including a spacious 60x40 pole barn with 200 amp service perfect for storage or projects. Embrace the tranquility of rural life while still having all the comforts of home in this private, country setting. THIS ADDRESS QUALIFIES FOR A ZERO DOWN RURAL DEVELOPMENT HOME LOAN from USDA.

Details

Property type

Single Family Residence

Est. home value

$218,319

Lot size

3.90 acres

Price per sq ft

$236

Year built

1974

Annual property taxes

$2,206

Price History

01/11/2025
Realcomp

Realcomp #20240077000

Price change
$290,000
-3.01%
10/11/2024
Realcomp

Realcomp #20240077000

Listed
$299,000
+57.37%
10/18/2021
Realcomp

Realcomp #61050047940

Sold
$190,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bridgeport-Spaulding

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

$99,230
Asking price
$290,000
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$167,570
Cash to seller
$99,230

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

Seller’s Loan History

Lender

Direct Mortgage Investors Inc

Loan start date

October 2021

Original loan amount

$180,500

Est. remaining balance

$167,570

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jorge Sutil Guerra

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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1668 Ashwood Dr, Reese, MI 48757

Status: Active

Tomo last checked: 01/23/2025 at 4:25 AM

Listing updated: 01/19/2025 at 1:15 PM

Listed by: Nicole Rumbold, Hand Map Real Estate LLC Phone #: (810) 373-9517

MLS: Realcomp #20240077000

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