tomo logo

$229,900

Beds
2
Baths
1.0
sq ft
1,425

70622 48th Ave, Watervliet, MI 49098

70622 48th Ave

Covert Twp, MI 49098

  • 87 days on market
    • Price drop $5,000↓
*Acreage+Turn Key Home* Looking for your own 17 acre hobby farm? This updated home is fresh and low maintenance with a new roof, vinyl siding, new LVP and carpet, and newly painted throughout. The main floor laundry/flex room is newly renovated with white shaker cabinetry, butcherblock counters, and new washer+dryer. The kitchen also boasts new stainless refrigerator and stove. Enjoy a great layout with 2 bedrooms with cedar closets + possible 3rd/office with french doors. Check out this beautiful property today!

Details

Property type

Single Family Residence

Est. home value

$260,806

Lot size

17.00 acres

Price per sq ft

$162

Year built

1940

Annual property taxes

$6,700

Price History

12/03/2024
Realcomp

Realcomp #71024050797

Price change
$229,900
-4.17%
10/09/2024
Realcomp

Realcomp #71024050797

Price change
$239,900
-4%
09/26/2024
Realcomp

Realcomp #71024050797

Listed
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bangor

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

$117,618
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$93,890
Cash to seller
$117,618

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

February 2019

Original loan amount

$104,704

Est. remaining balance

$93,890

Interest rate

4.62%

Loan type

VA, 30 year

Seller

Stephen Lehman and Elizabeth Lehman

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
$198,900
2 bd
|
1 ba
|
1,130 sq ft
|
House

3708 Riverside Rd, Benton Harbor, MI 49022

Price drop
Realcomp
$230,000
2 bd
|
1 ba
|
808 sq ft
|
House

164 N Bailey Ave, South Haven, MI 49090

Price drop
Realcomp
$209,900
2 bd
|
1 ba
|
630 sq ft
|
House

43394 Elm St, Bangor, MI 49013

Status: Active

Tomo last checked: 12/23/2024 at 7:30 AM

Listing updated: 12/03/2024 at 1:18 PM

Listed by: Tim Hrynewich, Five Star Real Estate Phone #: (231) 733-3080

MLS: Realcomp #71024050797

Realcomp logo

Recently listed in Covert Twp

$225,000|5 bd|2.0 ba|House
$278,900|3 bd|2.5 ba|House
$229,900|2 bd|1.0 ba|House
$495,000|3 bd|2.5 ba|House
$340,000|3 bd|2.0 ba|Manufactured