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$400,000

Beds
4
Baths
2.0
sq ft
1,981

990 River St, Allegan, MI 49010

990 River St

Allegan Twp, MI 49010

  • 153 days on market
    • Price drop $25,000↓
Price Reduced! Open House Sunday October 27, 12pm - 2pm. Nestled on 9.5 acres of rolling hills, this property is a natural sanctuary with a serene pond, over 70 fruit trees, raspberry bushes, and a private garden complete with a koi pond.Steeped in artistic flair and rich with heritage, it features original woodworking, hand-carved wood trims, and cabinets restored from historic churches in southwest Michigan. A captivating mural by an ArtPrize-winning former owner adds to its allure.The oversized garage, can be converted to fit three to four cars, offers ample space for a workshop, and there's a recently added greenhouse. Inside, find four bedrooms and two full bathrooms across 1900 finished square feet, offering both comfort and charm. Just minutes from downtown Allegan.

Details

Property type

Single Family Residence

Est. home value

$407,538

Lot size

9.55 acres

Price per sq ft

$202

Year built

1907

Annual property taxes

$3,730.48

Price History

10/21/2024
Realcomp

Realcomp #66024028031

Price change
$400,000
-5.88%
10/08/2024
Realcomp

Realcomp #66024028031

Price change
$425,000
-4.92%
10/02/2024
Realcomp

Realcomp #66024028031

Price change
$447,000
-0.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Allegan

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

$200,857
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$167,143
Cash to seller
$200,857

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

October 2015

Original loan amount

$206,196

Est. remaining balance

$167,143

Interest rate

3.9%

Loan type

FHA, 30 year

Seller

Christine Kincaid and Jason Ray

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: 11/05/2024 at 10:25 AM

Listing updated: 10/27/2024 at 2:15 PM

Listed by: Jared Stout, eXp Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #66024028031

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