tomo logo

$242,500

Beds
3
Baths
2.0
sq ft
983

5640 Tiffin St, Portage, MI 49002

5640 Tiffin St

Portage, MI 49002

  • 2 days on market
Well maintained ranch home in the highly sought-after portage school district. The main floor offers a spacious living area, with original hard wood floors, separate dining room adjacent to the kitchen with a built-in eating area, 3 bedrooms and 2 full baths. Finished basement with oversized recreational room, with built in wet-bar, great for entertaining. Additional room in the basement could be used as a 4th bedroom. Plenty of space in the 2 car garage with bonus room overlooking the back yard. You'll also enjoy the fully fenced in backyard and deck in the summertime, easily accessible through sliding doors from the main living area. This home has a brand new, complete tear off, roof in Feb 2024. This property won't last long, be sure to schedule your showing now.

Details

Property type

Single Family Residence

Est. home value

$220,580

Lot size

7,841 sq ft

Price per sq ft

$247

Year built

1961

Annual property taxes

$2,956

Price History

12/19/2024
Realcomp

Realcomp #66024063543

Listed
$242,500
+7.3%
07/19/2023
Realcomp

Realcomp #66023021365

Sold
$226,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Portage

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

$7,212
Asking price
$242,500
Closing costs (~8% of asking)
-$19,400
Est. remaining loan balance
-$215,888
Cash to seller
$7,212

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

July 2023

Original loan amount

$219,220

Est. remaining balance

$215,888

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Evan Milburn and Coriahna Milburn

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: 12/22/2024 at 2:25 PM

Listing updated: 12/19/2024 at 6:30 PM

Listed by: Dan Schultz, Jaqua, REALTORS Phone #: (269) 341-4300

MLS: Realcomp #66024063543

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