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$267,000

Beds
3
Baths
1.0
sq ft
1,210

138 Island Ct, Algonac, MI 48001

138 Island Ct

Algonac, MI 48001

  • 46 days on market
    • Price drop $5,000↓
***Open House- 11/16 from 12-2PM***Don’t miss this incredible opportunity to own a piece of waterfront tranquility! This charming canal-front home features three bedrooms on a spacious double lot, complete with a covered cut-in boat well, boathouse, and a two-car tandem garage—all just minutes from the lake. As you enter, you’re greeted by a generous mudroom offering ample storage which is also your utility room and a kitchen adorned with oak cabinets, a stylish tile backsplash, and tile floor flooring. The large dining area features corner cabinetry, while the cozy living room boasts a gas fireplace and a new split unit for comfort. The master bedroom is a true retreat, featuring an impressive wall of windows that provide breathtaking water views, along with two walk-in closets and direct access to the deck and screened-in porch—ideal for a hot tub and relaxing evenings. Two additional bedrooms offer great storage, complemented by a well-appointed main bathroom. The beautifully landscaped double lot provides plenty of green space for your furry friends to roam and play. With newer windows and a roof, this property is move-in ready! Home also comes with video surveillance and a whole house generator hookup. Enjoy the convenience of being within walking distance to Algonac City Park, restaurants, and shops. Just pack your bags and make this waterfront gem your own! Seller Motivated! Make an offer!

Details

Property type

Single Family Residence

Est. home value

$243,667

Lot size

8,276 sq ft

Price per sq ft

$221

Year built

1969

Annual property taxes

$3,771

Price History

11/13/2024
Realcomp

Realcomp #20240075650

Price change
$267,000
-1.84%
10/24/2024
Realcomp

Realcomp #20240075650

Price change
$272,000
-1.81%
10/07/2024
Realcomp

Realcomp #20240075650

Listed
$277,000
+93.71%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Algonac

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

$122,208
Asking price
$267,000
Closing costs (~8% of asking)
-$21,360
Est. remaining loan balance
-$123,432
Cash to seller
$122,208

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2020

Original loan amount

$135,850

Est. remaining balance

$123,432

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Lonnie T Campbell Sr

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: 11/23/2024 at 3:40 AM

Listing updated: 11/16/2024 at 2:15 PM

Listed by: Jennifer Arnold, Real Estate One-Clinton Twp Phone #: (586) 783-7888

MLS: Realcomp #20240075650

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