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$261,999

Beds
2
Baths
2.5
sq ft
1,519

103 Legato Dr, Walled Lake, MI 48390

103 Legato Dr

Walled Lake, MI 48390

  • 9 days on market
Welcome to this unique and expansive condo that perfectly blends residential comfort with commercial opportunity. Located in a vibrant neighborhood, this property boasts a stylish, modern living space above and a versatile commercial space below, ideal for entrepreneurs or investors. Residential Features: • Spacious Living Area: Experience an open-concept layout with abundant natural light, high ceilings, and sleek finishes. The living area flows seamlessly into the kitchen with has ample storage, and a breakfast bar. Retreat to the nice sized bedrooms featuring large windows and closets. Private Balcony: Enjoy your morning coffee or unwind in the evening on the private balcony, offering beautiful views of the surrounding area. Commercial Space: • Versatile Lower Level: The lower level offers a separate entrance and is fully equipped for various commercial uses, from retail to office space. With an open floor plan and large windows, this area can easily be customized to suit your business needs. Prime Location: Situated in a bustling area with high foot traffic, this commercial space provides excellent visibility and accessibility, making it an ideal location for attracting customers. Parking Convenience: Ample parking available for both residential and commercial tenants, ensuring ease of access for clients and guests. Schedule your showing today!

Details

Property type

Condominium

Est. home value

$248,285

Lot size

Unknown

Price per sq ft

$173

Year built

2005

Annual property taxes

$4,308

Monthly HOA fee

$333

Price History

10/26/2024
Realcomp

Realcomp #20240081101

Listed
$261,999
+58.88%
08/08/2018
Realcomp

Realcomp #218042921

Sold
$164,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$103,905
Asking price
$261,999
Closing costs (~8% of asking)
-$20,960
Est. remaining loan balance
-$137,134
Cash to seller
$103,905

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

June 2018

Original loan amount

$154,900

Est. remaining balance

$137,134

Interest rate

4.55%

Loan type

New Conventional, 30 year

Seller

John Ziegman

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?

Status: Active

Tomo last checked: 11/05/2024 at 7:45 AM

Listing updated: 11/01/2024 at 7:50 PM

Listed by: Denise P Stempien, Remerica United Realty Phone #: (248) 344-1800

MLS: Realcomp #20240081101

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