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$264,900

Beds
3
Baths
2.0
sq ft
1,596

623 E Hoffman St, Three Rivers, MI 49093

623 E Hoffman St

Three Rivers, MI 49093

  • 36 days on market
WHAT A PACKAGE!!!. Great potential and added value. 3Bedroom 2Full bathroom, approx 1500 square feet home on 7+ acres and private river frontage in the City of Three Rivers - this is a fabulous, centralized location! As a 1900's home there has been many updates, but it also is a great opportunity for you to make it your own. The awesome living area with fireplace, large windows and 3 season front porch will instantly make you feel at home. This is city living; but it has all the amenities of the country. The 528ft of private frontage on the Portage River, partially fenced area for large animals makes this property unique for all of you and your family's recreational activities! The acreage also has added value to be split and further developed. R4 zoning district.

Details

Property type

Single Family Residence

Est. home value

$232,804

Lot size

7.04 acres

Price per sq ft

$166

Year built

1900

Annual property taxes

$3,611

Price History

11/16/2024
Realcomp

Realcomp #66024059744

Listed
$264,900
+23.21%
08/04/2022
Realcomp

Realcomp #66022021635

Sold
$215,000
+79.17%
07/19/2016
Realcomp

Realcomp #68015063014

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Three Rivers

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

$74,140
Asking price
$264,900
Closing costs (~8% of asking)
-$21,192
Est. remaining loan balance
-$169,568
Cash to seller
$74,140

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2022

Original loan amount

$175,000

Est. remaining balance

$169,568

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Jasmine Holloway

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 10:10 AM

Listing updated: 11/16/2024 at 1:15 PM

Listed by: Ahmed ''Ali'' Khalil, eXp Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #66024059744

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