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$650,000

Beds
5
Baths
3.0
sq ft
2,985

718 Superior St, South Haven, MI 49090

718 Superior St

South Haven, MI 49090

  • 27 days on market
Welcome to the Peach Mansion! Step into a piece of South Haven's history with this iconic home, which has been beautifully restored and meticulously updated. Originally owned by one of town's founding peach farmers, this 5 bedroom, 3 bathroom home boasts modern updates including a new roof, furnace, electrical, plumbing, windows and more. Featuring original molding, soaring ceilings, hardwood floors, quartz counters, and a 3rd floor turret with stunning views. Nestled on almost a full acre in the heart of South Haven, you will find mature trees, a game annex, and storage shed for all the beach toys. With a highly sought-after business rental permit, the Peach Mansion has been a successful short-term rental since 2018, offering both a rich history and an excellent investment opportunity.

Details

Property type

Single Family Residence

Est. home value

$546,805

Lot size

0.88 acres

Price per sq ft

$218

Year built

1866

Annual property taxes

$11,128.9

Price History

09/04/2024
Realcomp

Realcomp #69024046521

Listed
$650,000
+125.3%
06/29/2018
Realcomp

Realcomp #69018023029

Sold
$288,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Haven

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

$393,271
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$204,729
Cash to seller
$393,271

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

Seller’s Loan History

Lender

Bank Of Springfield

Loan start date

June 2018

Original loan amount

$230,800

Est. remaining balance

$204,729

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

Serge Traylor

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: 10/02/2024 at 4:40 PM

Listing updated: 09/09/2024 at 8:51 AM

Listed by: Amy O'Sullivan, Jaqua REALTORS Phone #: (269) 637-6537

MLS: Realcomp #69024046521

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