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$499,900

Beds
4
Baths
4.0
sq ft
3,719

1282 Union Lake Rd, White Lake, MI 48386

1282 Union Lake Rd

White Lake Twp, MI 48386

  • 42 days on market
Experience the charm of this English Country estate nestled on over 2 acres of private land adorned with majestic mature trees and a serene pond featuring a soothing waterfall. The main residence boasts a spacious great room with vaulted ceilings and a remarkable stone gas fireplace. The kitchen is a masterpiece, showcasing solid oak cabinetry with meticulous woodwork, granite countertops throughout, a sizable walk-in pantry, gas stone fireplaces, and a generous eating area. Indulge in the luxury of a formal dining room and appreciate the convenience of an oversized mudroom/laundry room connected to the 3-car garage. Unwind in the opulent master suite, complete with a massive walk-in shower and a rejuvenating soaking tub. Additionally, capitalize on extra income opportunities by renting out the private 2-bed/1-bath unit with a separate entrance. This attached unit features a newly updated kitchen with granite counters and appliances and could fetch up to $1,800/month in rent. It can also serve as an ideal in-law suite. Embrace a lifestyle of elegance and functionality in this unique property offering both a tranquil retreat and an income-generating opportunity. Please Enter off of Colony Ridge Drive - use the first drive on the right. Do not enter off of Union Lake.

Details

Property type

Single Family Residence

Est. home value

$585,072

Lot size

2.56 acres

Price per sq ft

$135

Year built

1935

Annual property taxes

$8,094

Price History

05/24/2024
Realcomp

Realcomp #20240035834

Removed
$499,900
-3.68%
05/24/2024
Realcomp

Realcomp #20240008927

Removed
$519,000
+3.82%
05/24/2024
Realcomp

Realcomp #20240035834

Listed
$499,900
-3.68%

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

$70,376
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$389,532
Cash to seller
$70,376

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$418,000

Est. remaining balance

$389,532

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Meng Chang and Eliria Phoua Her

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: 07/06/2024 at 3:25 AM

Listing updated: 05/25/2024 at 6:04 AM

Listed by: Mark Wylie, Century 21 Curran & Oberski Phone #: (313) 274-7200

MLS: Realcomp #20240035856

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Recently listed in White Lake Twp