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$295,000

Beds
3
Baths
2.0
sq ft
1,490

3902 Lake Chapin Rd, Berrien Springs, MI 49103

3902 Lake Chapin Rd

Berrien Twp, MI 49103

  • 57 days on market
    • Price drop $3,000↓
*Price Reduced,Motivated Seller!* Enjoy a peaceful, secluded setting all while being 10 minutes from town. You are also only 30 minutes from South Bend, and the beautiful Southwest Michigan beaches. This tri-level home boasts an oversized 2 car attached garage. If that isn't enough storage space there is also a 12X36 shed out back! The layout of this home is unique but so functional. The main level of the home has an open concept that flows. It is perfect for entertaining. The walk out basement holds the potential for a 4th bedroom and additional living space, office, ect.The bedrooms are privately tucked away upstairs along with the second bathroom. The backyard patio and property overall gives plenty of additional space for birthday parties, entertaining, or whatever your heart desires!

Details

Property type

Single Family Residence

Est. home value

$314,364

Lot size

2.00 acres

Price per sq ft

$198

Year built

1955

Annual property taxes

$1,754

Price History

10/17/2024
Realcomp

Realcomp #69024047327

Price change
$295,000
-1.01%
10/13/2024
Realcomp

Realcomp #69024047327

Price change
$298,000
-2.3%
10/12/2024
Realcomp

Realcomp #69024047327

Price change
$305,000
-3.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Berrien Springs

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

$30,853
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$240,547
Cash to seller
$30,853

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

November 2021

Original loan amount

$256,500

Est. remaining balance

$240,547

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Allison Faris and Erik Faris

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: 11/05/2024 at 1:50 AM

Listing updated: 10/23/2024 at 10:40 PM

Listed by: Allison Spear, Cressy & Everett Real Estate Phone #: (269) 429-6666

MLS: Realcomp #69024047327

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