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$1,195,000

Beds
4
Baths
3.5
sq ft
2,664

43 N Shore Dr, South Haven, MI 49090

43 N Shore Dr

SouthHavenCity_VanBuren, MI 49090

    Contemporary beach home in Monroe Park on South Haven's North side. Features include 3 large separate living spaces with plenty of room for extended family and entertaining. Total of 4 bedrooms, 3 1/2 baths; 2nd and 3rd floor ensuites have walk in closets and private baths. The generous 3rd floor bonus room is great for entertaining with a deck and views of Lake Michigan.Just steps to the sand on North Beach, easy walking distance to downtown, the parks, marinas and riverfront.This is a successful short term rental with a business permit for 12.. Revenue for 2022=$78,612, 2023= $86,292, 2024= $58,260 (lower due to owner usage). Current 2025 booked rentals=$74,000. Projected revenue for 2025=$88-90k.All rentals booked for 2025 must be honored. Furnishings are negotiable.

    Details

    Property type

    Single Family Residence

    Est. home value

    $1,107,623

    Lot size

    3,485 sq ft

    Price per sq ft

    $449

    Year built

    2015

    Annual property taxes

    $27,933

    Price History

    03/24/2025
    Realcomp

    Realcomp #69025003009

    Listed
    $1,195,000
    +57.93%
    05/18/2021
    Realcomp

    Realcomp #69020034689

    Sold
    $756,657
    +221.98%
    10/14/2013
    Realcomp

    Realcomp #69013031346

    Sold
    $235,000

    Schools & Community

    Elementary school: 

    Unknown

    Middle school: 

    Unknown

    High school: 

    Unknown

    Community features: 

    Sidewalks

    High school district: 

    SouthHaven

    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

    $474,754
    Asking price
    $1,195,000
    Closing costs (~8% of asking)
    -$95,600
    Est. remaining loan balance
    -$624,646
    Cash to seller
    $474,754

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

    Seller’s Loan History

    Lender

    United Wholesale Mortgage

    Loan start date

    May 2021

    Original loan amount

    $680,000

    Est. remaining balance

    $624,646

    Interest rate

    3.17%

    Loan type

    New Conventional, 30 year

    Seller

    Megan C Settle and Justin W Settle

    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: 04/06/2025 at 2:30 AM

    Listing updated: 03/25/2025 at 9:22 AM

    Listed by: Gretchen Arkins, Greenridge Realty South Haven Phone #: (269) 637-8555

    MLS: Realcomp #69025003009

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