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$375,000

Beds
1
Baths
1.5
sq ft
576

465 S Maple St, Saugatuck, MI 49453

465 S Maple St

Saugatuck Twp, MI 49453

  • <1 day on market
Here is your incredible investment opportunity to own in Saugatuck. This cottage is still eligible for the Short Term Rental Certification and has been a successful rental property for many years. Located just on the hill, it is a short walking distance to both downtown Saugatuck and Douglas, and a quick easy drive to the beaches on the big lake. Bathroom was re-modeled in 2020 and roof was new in 2023. Schedule your private showing and make this adorable year around cottage your own!

Details

Property type

Single Family Residence

Est. home value

$324,736

Lot size

0.41 acres

Price per sq ft

$652

Year built

1930

Annual property taxes

$5,224.16

Price History

01/22/2025
Realcomp

Realcomp #65025002630

Listed
$375,000
+92.6%
02/09/2017
Realcomp

Realcomp #71016035563

Sold
$194,700

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saugatuck

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

$196,790
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$148,210
Cash to seller
$196,790

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

February 2017

Original loan amount

$175,230

Est. remaining balance

$148,210

Interest rate

4.3%

Loan type

New Conventional, 30 year

Seller

Christopher Grace

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?

Status: Active

Tomo last checked: 01/22/2025 at 8:10 PM

Listing updated: 01/22/2025 at 3:39 PM

Listed by: Laura A Cole, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65025002630

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