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$368,000

Beds
4
Baths
2.0
sq ft
1,298

3890 Riverview Dr S, Hesperia, MI 49421

3890 Riverview Dr S

Newfield Twp, MI 49421

  • 58 days on market
    • Price drop $10,000↓
Take a look at this beautifully updated home with 120' of White River frontage! This is a four bedroom, two bath ranch with two separate living areas, a three season room, covered deck, and walk out lower level including a brand new hot tub with a cover lift. The house sets well above the river for spectacular views and no expensive flood insurance is required. Newly installed steps lead down to a large yard, firepit, and the river where you can enjoy kayaking, tubing, fishing, or simply enjoy nature as there are no homes on the township owned land on the opposite side of the river. A new 2000 gallon septic system has just been installed. Currently the home is being used as an Airbnb and has a very good rental history that is available upon request. Home can be sold fully furnished minusa few personal items. Schedule your tour of this gorgeous home!

Details

Property type

Single Family Residence

Est. home value

$215,718

Lot size

0.86 acres

Price per sq ft

$284

Year built

1973

Annual property taxes

$5,150

Price History

11/26/2024
Realcomp

Realcomp #71024056391

Price change
$368,000
-2.65%
10/25/2024
Realcomp

Realcomp #71024056391

Listed
$378,000
+3.56%
08/17/2024
Realcomp

Realcomp #71024036932

Removed
$365,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hesperia

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

$215,589
Asking price
$368,000
Closing costs (~8% of asking)
-$29,440
Est. remaining loan balance
-$122,971
Cash to seller
$215,589

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

Seller’s Loan History

Lender

The Shelby State Bank

Loan start date

March 2021

Original loan amount

$134,400

Est. remaining balance

$122,971

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Laurie C Hoffman

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: 12/23/2024 at 6:05 AM

Listing updated: 11/26/2024 at 10:25 AM

Listed by: Joneen Peterson, RE/MAX West Phone #: (231) 733-1236

MLS: Realcomp #71024056391

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Recently listed in Newfield Twp