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$400,000

Beds
3
Baths
2.5
sq ft
1,664

1385 Wetheral Lake Dr, Martin, MI 49070

1385 Wetheral Lake Dr

Watson Twp, MI 49070

  • 19 days on market
You will love this rare find, lake frontage, large lot & a pole barn! Welcome to peaceful Wetheral Lake where there is great fishing & is perfect for enjoying the beautiful scenery while kayaking or sitting on your expansive deck. Located near US131 between Kalamazoo & Grand Rapids for commuters. This ranch home has 3 bedrooms, 2-1/2 baths w/an open floor plan overlooking the lake. The living room has a cathedral ceiling, cozy fireplace, lg dining area, spacious kitchen w/lots of cabinets & snack bar, an office space, 2 spacious bedrooms & MF laundry. The W/O basement has a family room, bedroom & 1/2 bath making it perfect for entertaining. The exterior features a covered front porch, lg deck, 2 car att garage, garden area, apple, cherry, & peach trees, grapevines & a 24x28 pole barn.

Details

Property type

Single Family Residence

Est. home value

$345,633

Lot size

0.69 acres

Price per sq ft

$241

Year built

2001

Annual property taxes

$3,396.18

Price History

12/03/2024
Realcomp

Realcomp #66024061568

Listed
$400,000
+81.82%
04/27/2017
Realcomp

Realcomp #65016057022

Sold
$220,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Martin

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

$178,855
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$189,145
Cash to seller
$178,855

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

Seller’s Loan History

Lender

Van Dyk Mortgage Corp

Loan start date

April 2017

Original loan amount

$222,121

Est. remaining balance

$189,145

Interest rate

4.21%

Loan type

New Conventional, 30 year

Seller

Thomas Bly and Kendra Bly

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: 12/23/2024 at 2:05 AM

Listing updated: 12/12/2024 at 7:10 PM

Listed by: Becky J Sheppard, Jaqua, REALTORS Phone #: (269) 685-6858

MLS: Realcomp #66024061568

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