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$289,900

Beds
3
Baths
1.0
sq ft
1,212

8419 Riverside Dr, Brighton, MI 48116

8419 Riverside Dr

Green Oak Twp, MI 48116

  • 72 days on market
    • Price drop $10,000↓
Welcome to your dream home in a picturesque lake community. This 3-bedroom, 1 bathroom home offers the perfect blend of convenience and peacefulness. Situated on a serene lot with beautiful views of all-sports Ore Lake. The exterior walls and ceilings have been recently insulated. Home has an interest for lake access in a lake lot located at Riverside Drive - tax id #16-18-101-013 (Beachwood & Cedarwood Sub). Buyer to assume the special assessment for the ongoing Riverside Drive road maintenance.

Details

Property type

Single Family Residence

Est. home value

$291,015

Lot size

9,148 sq ft

Price per sq ft

$240

Year built

1979

Annual property taxes

$3,083

Price History

10/31/2024
Realcomp

Realcomp #20240068146

Price change
$289,900
-3.33%
10/24/2024
Realcomp

Realcomp #20240068146

Price change
$299,900
-1.67%
10/15/2024
Realcomp

Realcomp #20240068146

Price change
$305,000
-3.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Brighton

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

$84,195
Asking price
$289,900
Closing costs (~8% of asking)
-$23,192
Est. remaining loan balance
-$182,513
Cash to seller
$84,195

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

September 2020

Original loan amount

$201,212

Est. remaining balance

$182,513

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Nicholas Hourani

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: 11/22/2024 at 3:05 PM

Listing updated: 10/31/2024 at 9:25 AM

Listed by: Joe Perri, RE/MAX Platinum Phone #: (810) 227-4600

MLS: Realcomp #20240068146

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