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$420,000

Beds
2
Baths
1.5
sq ft
1,570

614 Magnolia St, Three Oaks, MI 49128

614 Magnolia St

Three Oaks Vlg, MI 49128

  • 51 days on market
Enjoy the perfect blend of rustic charm and modern comfort at the southern edge of The Village of Three Oaks. Enjoy morning coffee on the front porch surrounded by mature trees, rising sun & chirping birds. Recent updates include new auto-garage doors, roof & utility door (2022), AIM treatment system (2023), new furnace, water heater, landscaping, fencing, and a 4-ppl sauna (2024). Boasting 4.94 rating +33 reviews on Airbnb, a proven Superhost favorite. Inside, enjoy a cozy den with fireplace, open living & dining areas offer 10' ceilings, exposed brick, and a master the width of the entire home, would make it easy to add a third bedroom. Don't miss this rare gem!

Details

Property type

Single Family Residence

Est. home value

$228,151

Lot size

8,712 sq ft

Price per sq ft

$268

Year built

1900

Annual property taxes

$1,683

Price History

11/01/2024
Realcomp

Realcomp #69024057507

Listed
$420,000
+211.11%
08/15/2017
Realcomp

Realcomp #69017018540

Sold
$135,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

River Valley

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

$215,660
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$170,740
Cash to seller
$215,660

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

Seller’s Loan History

Lender

Proper Rate Llc

Loan start date

October 2022

Original loan amount

$176,000

Est. remaining balance

$170,740

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Klaus F Nyman

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: 12/23/2024 at 10:40 AM

Listing updated: 11/04/2024 at 1:35 PM

Listed by: Klaus Nyman, @properties Phone #: (269) 469-0700

MLS: Realcomp #69024057507

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