tomo logo

$475,000

Beds
5
Baths
3.0
sq ft
2,132

770 Phoenix St, South Haven, MI 49090

770 Phoenix St

South Haven, MI 49090

  • 15 days on market
Great Location! Welcome to your charming retreat in South Haven, where beach house meets downtown convenience! This old charm, beautifully maintained 5 bedroom 2.5 bathroom gem is not just a home but a thriving short-term rental with coveted business rental permit for 12 guests. Enjoy the home for you and your family just an easy 5 minute walk to the downtown area or take advantage of a thriving short term rental that is already filling up the calendar for the 2025 season! Astounding foyer, with open staircase, pocket doors, 9 foot ceilings in main living spaces and original woodwork. Large rooms with plenty of space for the whole family. Lovely corner lot with a park just two houses away. Enjoy many of the parades right from your front porch! Huge attached garage with room for multiple vehicles and storage. Owners are licensed realtors in the state of Michigan. All information provided should be verified by purchaser and are provided as a guide only.

Details

Property type

Single Family Residence

Est. home value

$381,622

Lot size

8,276 sq ft

Price per sq ft

$223

Year built

1895

Annual property taxes

$8,603

Price History

09/04/2024
Realcomp

Realcomp #20240065806

Listed
$475,000
+35.71%
03/04/2022
Realcomp

Realcomp #69022001043

Sold
$350,000
+53.17%
10/15/2019
Realcomp

Realcomp #69019030931

Sold
$228,500

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

$137,645
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$299,355
Cash to seller
$137,645

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$315,000

Est. remaining balance

$299,355

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Holly Marie Watkins and Brent Michael Watkins

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: 09/19/2024 at 6:10 PM

Listing updated: 09/16/2024 at 11:01 PM

Listed by: Brent Watkins, Your Future Investment Properties LLC Phone #: (517) 262-4812

MLS: Realcomp #20240065806

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