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$299,900

Beds
3
Baths
2.0
sq ft
1,612

5163 McDowell St, Norton Shores, MI 49441

5163 McDowell St

Norton Shores, MI 49441

  • Pending
    • Price drop $10,000↓
Here is a nice 3 bedroom, 2 bath mid-century modern home in south Norton Shores. It is close to Lake Michigan, Mona Lake, Hoffmaster State Park, and many other parks. It is also in Mona Shores School District!. It has a large kitchen and semi formal dining area. A step down family room overlooks the back yard that includes a storage shed and koi pond. The lot is a oversize lot with underground sprinkling. The bedrooms and living room have hardwood floors and ceramic floor in kitchen and baths. There is a fireplace in the living room with built in book shelves. The basement has a large family room, workshop and a very nice one chair salon area for cutting hair. Call today for your showing.

Details

Property type

Single Family Residence

Est. home value

$279,476

Lot size

0.46 acres

Price per sq ft

$187

Year built

1958

Annual property taxes

$2,930

Price History

09/13/2024
Realcomp

Realcomp #71024042756

Pending
$299,900
09/10/2024
Realcomp

Realcomp #71024042756

Price change
$299,900
-3.23%
08/15/2024
Realcomp

Realcomp #71024042756

Listed
$309,900
+147.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Mona Shores

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

$171,263
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$104,645
Cash to seller
$171,263

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

Seller’s Loan History

Lender

Stonegate Mortgage Corp

Loan start date

March 2016

Original loan amount

$127,500

Est. remaining balance

$104,645

Interest rate

3.72%

Loan type

VA, 30 year

Seller

Larry Graham and Valerie Ruby

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: Pending/Under Contract

Tomo last checked: 09/17/2024 at 11:05 PM

Listing updated: 09/13/2024 at 7:01 PM

Listed by: Brent J Link, Five Star Real Estate Phone #: (231) 733-3080

MLS: Realcomp #71024042756

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