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$266,654Estimated home value

Beds
3
Baths
2.0
sq ft
2,564

4420 Riverview Dr, Alma, MI 48801

4420 Riverview Dr

Arcada Twp, MI 48801

  • Sold On 12/20/2024
    • Price drop $14,000↓
Imagine its 1970, a time when Richard Nixon was president of the United States, and the first Airport movie hit the big screen. This incredible home at 4420 Riverview made its debut in Arcada Heights in Alma, MI- just a stones throw from the Pine River and the Pine River Country Club. Constructed of concrete, brick, and stone throughout, this home was built to last for many generations. Fast forward to 2024, forlorn and wearing the marks of time, the ‚Å“Riverview Reno‚  was purchased with the intent of bringing it back to its original glory- or undoubtedly, even better than before. This mid-century modern marvel has been painstakingly restored from the inside out, all while paying homage to the original character and integrity of the era in which it was built. While the home may nod to a time gone by, nearly every corner of the home has been updated and modernized to provide todays homeowner with the utmost in convenience and function. From the MCM inspired landscaping featuring easy care perennials, to the luxurious primary suite and fully custom locally sourced walnut kitchen, every single detail of this home has been carefully curated for the art-conscious homeowner who appreciates fine style and high-quality materials. The renovation and interior design have taken cues from history with an intentional selection of patterns, warm wood tones, earthy colors, and natural textures. Stately situated on 1 full acre, the setting is peaceful and picturesque, blending effortlessly into its surroundings and uniting the indoor spaces with the outdoor. There are so many beautiful spaces and unique features to explore inside and out at Riverview, that you absolutely must tour this masterpiece in person to fully appreciate.

Details

Property type

Single Family Residence

Est. home value

$266,654

Lot size

1.00 acres

Price per sq ft

$186

Year built

1970

Annual property taxes

$2,521

Price History

12/20/2024
Realcomp

Realcomp #79080050379

Sold
$470,000
-1.05%
12/16/2024
Realcomp

Realcomp #79080050379

Pending
$475,000
10/14/2024
Realcomp

Realcomp #79080050379

Price change
$475,000
-2.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Alma

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

$431,226
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$5,774
Cash to seller
$431,226

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

Seller’s Loan History

Lender

Commercial Bank

Loan start date

October 2010

Original loan amount

$80,000

Est. remaining balance

$5,774

Interest rate

3.9%

Loan type

Not Provided, 15 year

Seller

Timm Norman Thorsen

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: Off Market

Tomo last checked: 12/23/2024 at 5:40 AM

Listing updated: 12/20/2024 at 11:37 PM

Listed by: Savanah Wood, CENTURY 21 LEE-MAC REALTY Phone #: (989) 463-6085

MLS: Realcomp #79080050379

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