tomo logo

$340,000

Beds
3
Baths
2.0
sq ft
1,842

115 Olcott Lake Dr, Jackson, MI 49201

115 Olcott Lake Dr

Napoleon Twp, MI 49201

  • 38 days on market
    • Price drop $10,000↓
Welcome to your new home overlooking Olcott Lake! This charming ranch-style home is nestled on over an acre of picturesque land, offering serene views, and abundant space for relaxation and recreation. With several recent upgrades and thoughtful amenities, this home is move-in ready. The entire home boasts brand-new carpeting(covered by warranty) along with fresh paint, giving each room a bright, updated look. New light fixtures and door hardware add a touch of modernity throughout. This home includes two full bathrooms and a basement that's ready for finishing touches--offering endless possibilities for additional living space. The basement also includes a non-conforming bedroom, ideal for guests, a home office, or extra storage. Walkout of your master bedroom to a Sundance hot tub whereyou can soak in the peaceful wooded backdrop. Outside, you'll find apple, pear, and cherry trees dotting the property, adding to the charm and offering fresh fruit right from your yard. More updates include newer appliances, recently cleaned air ducts, new garbage disposal, and fresh landscaping. The 2 car garages offers a full workshop, complete with pull-through doorsperfect for projects, hobbies, or additional storage. Don't miss your chance to own this peaceful lakeview property!

Details

Property type

Single Family Residence

Est. home value

$373,400

Lot size

1.10 acres

Price per sq ft

$185

Year built

1973

Annual property taxes

$4,650

Price History

12/03/2024
Realcomp

Realcomp #55024059323

Price change
$340,000
-2.86%
11/14/2024
Realcomp

Realcomp #55024059323

Listed
$350,000
+27.27%
11/16/2022
Realcomp

Realcomp #55022039292

Sold
$275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Napoleon

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

$40,003
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$272,797
Cash to seller
$40,003

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

November 2022

Original loan amount

$279,292

Est. remaining balance

$272,797

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Noah Gray

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?

Similar Homes Nearby

Pending
Realcomp
$365,000
3 bd
|
2 ba
|
House

11555 Bellman Rd, Grass Lake, MI 49240

Price drop
Realcomp
$334,900
3 bd
|
2.5 ba
|
2,000 sq ft
|
House

10500 Keane Dr, Grass Lake, MI 49240

Price drop
Realcomp
$340,000
3 bd
|
2 ba
|
1,820 sq ft
|
House

5311 Seymour Rd, Jackson, MI 49201

Status: Active

Tomo last checked: 12/22/2024 at 12:25 PM

Listing updated: 12/07/2024 at 12:15 PM

Listed by: Logan Burns, C-21 Affiliated - Jackson Phone #: (517) 888-0050

MLS: Realcomp #55024059323

Realcomp logo

Recently listed in Napoleon Twp

$299,900|3 bd|2.0 ba|Condo
$179,900|3 bd|2.0 ba|House
$155,500|3 bd|2.0 ba|Manufactured
$289,000|4 bd|2.0 ba|House
$299,900|6 bd|5.0 ba|House
$199,900|3 bd|2.0 ba|House
$131,000|2 bd|1.0 ba|House
$340,000|3 bd|2.0 ba|House
$365,000|3 bd|2.5 ba|House
$234,900|2 bd|1.0 ba|House