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$575,000

Beds
3
Baths
2.0
sq ft
1,663

7299 Riverside Dr, Clay, MI 48001

7299 Riverside Dr

Clay Twp, MI 48001

  • 24 days on market
NEWLY RENOVATED WATERFRONT BRICK RANCH HOME. LOCATED ON A WIDE, DEEP, FREE FLOWING CANAL. Home was newly renovated in 2023-- 3 Bedroom Brick Ranch with 2 Full Bathrooms - New Appliances - Gas Oven, Microwave, Refrigerator, Dishwasher, Washer & Dryer. Open floor plan— Relax in Spacious Living Room or Library with view down the canal toward North Channel - Roof replaced 2017 - Chimney Recapped 2017 - Enjoy the Beautiful View From Your Back Yard Screened In Deck - Large 2.5 Car Attached Garage— 75' Seawall Restored in 2020 - Home is Located 12 Houses From the North Chanel.

Details

Property type

Single Family Residence

Est. home value

$427,960

Lot size

9,148 sq ft

Price per sq ft

$346

Year built

1973

Annual property taxes

$5,641

Price History

12/14/2024
Realcomp

Realcomp #20240089284

Listed
$575,000
12/05/2024
Realcomp

Realcomp #20240089284

Pending
$575,000
11/29/2024
Realcomp

Realcomp #20240089284

Listed
$575,000
+51.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Algonac

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

$244,116
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$284,884
Cash to seller
$244,116

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

December 2021

Original loan amount

$304,000

Est. remaining balance

$284,884

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Andrea Mary Krus

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 9:35 PM

Listing updated: 12/14/2024 at 7:40 PM

Listed by: Melissa A Socha, Modern Way Realty LLC Phone #: (734) 219-5615

MLS: Realcomp #20240089284

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