tomo logo

$349,000

Beds
4
Baths
2.0
sq ft
1,600

5877 Central Ave, Coloma, MI 49038

5877 Central Ave

Hagar Twp, MI 49038

  • 10 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$334,968

Lot size

5.06 acres

Price per sq ft

$219

Year built

1954

Annual property taxes

$1,326

Price History

10/25/2024
Realcomp

Realcomp #69024056352

Listed
$349,000
+67.79%
02/26/2018
Realcomp

Realcomp #71017058770

Sold
$208,000

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

$146,470
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$174,610
Cash to seller
$146,470

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

$174,610

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?

Similar Homes Nearby

Realcomp
$370,000
4 bd
|
2.5 ba
|
1,674 sq ft
|
House

4840 Shore Dr, Coloma, MI 49038

Price drop
Realcomp
$334,900
4 bd
|
2 ba
|
1,906 sq ft
|
House

2851 E Empire Ave, Benton Harbor, MI 49022

Price drop
Realcomp
$309,000
4 bd
|
2.5 ba
|
1,077 sq ft
|
House

6776 2nd, Coloma, MI 49038

Status: Active

Tomo last checked: 11/05/2024 at 7:25 AM

Listing updated: 10/25/2024 at 3:50 PM

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

MLS: Realcomp #69024056352

Realcomp logo

Recently listed in Hagar Twp

$349,000|4 bd|2.0 ba|House
$389,000|3 bd|2.0 ba|House
$2,995,000|6 bd|3.5 ba|House
$3,750,000|4 bd|4.5 ba|House
$99,000|3 bd|1.0 ba|House
$675,000|3 bd|1.5 ba|House
$429,900|4 bd|3.0 ba|House