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$339,000

Beds
4
Baths
2.0
sq ft
2,692

5832 Riverview Dr, Bridgeport, MI 48722

5832 Riverview Dr

Bridgeport Twp, MI 48722

  • 90 days on market
    • Price drop $10,900↓
Location is everything! This four bedroom is situated on 1.25 acres right at the tip of Bridgeport, Birch Run and Frankenmuth. School of choice! This two-story home has three large bedrooms on the second floor. Master bedroom has cathedral ceilings and beautiful skylight windows, a custom cabinet built in each closet and space for a sitting area. Second floor also has a full bath and own separate laundry room. On the main floor, you will find the perfect home office or fourth bedroom. A beautiful living room with fireplace, formal dining area and a beautiful chef like kitchen. There is a basement, partially finished with pool table, sauna, sump pump and egress window. There is a two car garage with a workshop and a loft above for storage. Also includes 52 x 38 barn. Will qualify for rural development loan, which is 1% down.

Details

Property type

Single Family Residence

Est. home value

$306,420

Lot size

1.25 acres

Price per sq ft

$126

Year built

1976

Annual property taxes

$4,969.22

Price History

07/22/2024
Realcomp

Realcomp #61050146115

Price change
$339,000
-3.12%
06/20/2024
Realcomp

Realcomp #61050146115

Listed
$349,900
+82.24%
03/27/2015
Realcomp

Realcomp #5020423118

Sold
$192,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bridgeport-Spaulding

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

$162,579
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$149,301
Cash to seller
$162,579

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2015

Original loan amount

$188,491

Est. remaining balance

$149,301

Interest rate

3.59%

Loan type

FHA, 30 year

Seller

Paul A Greenwood

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: 09/19/2024 at 3:10 PM

Listing updated: 09/08/2024 at 4:21 PM

Listed by: Cathy Gutierrez, Berkshire Hathaway HomeServices Phone #: (989) 790-9292

MLS: Realcomp #61050146115

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