tomo logo

$330,000

Beds
3
Baths
1.5
sq ft
1,580

6906 Seminole Dr, Coloma, MI 49038

6906 Seminole Dr

Coloma Twp, MI 49038

  • 27 days on market
    • Price drop $20,000↓
This charming and well-maintained home is set on a spacious double lot between the beautiful Paw Paw Lake and Little Paw Paw Lake, offering an ideal location for both relaxation and recreation. With a proven track record as a successful short-term rental, this property presents a lucrative investment opportunity, while also holding great potential as a full-time residence. Inside, the home is thoughtfully designed to blend comfort with functionality. Sunlit living spaces create a warm and inviting atmosphere, perfect for everyday living or entertaining. The well-equipped kitchen is ideal for preparing meals, whether for family or guests.Outside, the expansive double lot provides ample space for outdoor activities, gardening, or simply enjoying the tranquil surroundingsThe property's prime location between Paw Paw Lake and Little Paw Paw Lake ensures easy access to water activities, scenic views, and the vibrant community that makes this area so special. Whether you choose to continue its success as a short-term rental, embrace it as a full-time residence, or explore its potential as a long-term rental, this property offers endless possibilities.

Details

Property type

Single Family Residence

Lot size

0.45 acres

Price per sq ft

$209

Year built

1963

Annual property taxes

$4,125

Price History

09/16/2024
Realcomp

Realcomp #69024043791

Price change
$330,000
-5.71%
08/21/2024
Realcomp

Realcomp #69024043791

Listed
$350,000
+65.88%
08/20/2021
Realcomp

Realcomp #69021025894

Sold
$211,000
+63.57%

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

$194,543
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$109,057
Cash to seller
$194,543

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

October 2017

Original loan amount

$126,683

Est. remaining balance

$109,057

Interest rate

3.82%

Loan type

FHA, 30 year

Seller

Trevor J Green and Tiana J 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: Active

Tomo last checked: 09/17/2024 at 11:25 PM

Listing updated: 09/16/2024 at 1:23 PM

Listed by: Lane Moser, Coldwell Banker Realty Phone #: (269) 469-3950

MLS: Realcomp #69024043791

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