tomo logo

$339,000

Beds
4
Baths
2.0
sq ft
1,600

5877 Central Ave, Coloma, MI 49038

5877 Central Ave

Hagar Twp, MI 49038

  • Pending
    • Price drop $10,000↓
This setting embodies the beauty of Michigan's great southwest coast with over 5 acres of wooded rolling hills, a scenic private pond and the ever-changing colors of the season. The property also has flowering and fruit trees, walking trails, bonfire-pits, large fenced in yard area with a chicken coop/run, a separate fenced garden area, and wildlife siting's galore! The home itself is a 4 bedroom 2 bathroom walkout ranch with an open layout and a beautiful stone fireplace with an eat-in kitchen, refinished wood floors, a screened in porch, and a second family room that overlooks the sprawling property. The lower level walkout basement has a large rec room, full bathroom, kitchen area, laundry, utility and storage that with a little TLC could be potentially be a separate apartment.There is a two car garage and extra 46x30 pole barn with100 Amp service line and water ran to it for all of your storage and workshop needs. Recent upgrades are: New septic system and well, water softener, heat pump and water heater, new tile in the kitchen/dining area, remodeled upstairs bathroom, outdoor fencing and new chimney cap.

Details

Property type

Single Family Residence

Est. home value

$334,968

Lot size

5.06 acres

Price per sq ft

$212

Year built

1954

Annual property taxes

$1,326

Price History

12/22/2024
Realcomp

Realcomp #69024056352

Pending
$339,000
12/10/2024
Realcomp

Realcomp #69024056352

Listed
$339,000
11/16/2024
Realcomp

Realcomp #69024056352

Pending
$339,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Coloma

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

$137,678
Asking price
$339,000
Closing costs (~8% of asking)
-$27,120
Est. remaining loan balance
-$174,202
Cash to seller
$137,678

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

Seller’s Loan History

Lender

United Fcu

Loan start date

April 2020

Original loan amount

$195,000

Est. remaining balance

$174,202

Interest rate

3.36%

Loan type

New Conventional, 28 year

Seller

Erin E Green and Michael L H Green

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: 12/23/2024 at 11:45 AM

Listing updated: 12/22/2024 at 1:45 PM

Listed by: Ryan D Green, Green Towne Coastal Realty Phone #: (269) 408-8626

MLS: Realcomp #69024056352

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