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$714,900

Beds
4
Baths
3.0
sq ft
2,090

14395 Crestridge Dr, Cement City, MI 49233

14395 Crestridge Dr

Somerset Twp, MI 49233

  • 1 day on market
Welcome to 14395 Crestridge Drive!Discover your dream home at 14395 Crestridge Drive, nestled in the coveted community of Lake Somerset. This property offers prime access to a pristine all-sports lake that perfectly blends power boating, exceptional fishing, private swimming beaches, pull-up parks, and tranquil no-wake bays ideal for kayaking and paddleboarding.The Lake Somerset community stands out with its vibrant and engaging atmosphere. Enjoy annual events like the renowned pig roast, Music in the Park, festive raft parades, and the popular Friday at Five gatherings. It's more than a lake; it's a lifestyle.This home boasts a thoughtfully designed layout that caters to all your needs. Highlights include:Enhanced Storage: An additional garage space provides ample room for all your storage needs. Modern Updates: Recent upgrades include a new roof, updated flooring, new windows, a sliding glass door, modern appliances, a new AC system, and refreshed electrical systems. The finished basement and new siding add to the home's appeal. Versatile Space: A unique room filled with windows offers stunning lake views and can be transformed into a zen room, yoga studio, greenhouse, or hot tub retreat. Outdoor Enjoyment: Step out onto your oversized deck each morning with a cup of coffee and enjoy breathtaking sunrises over the lake. Exceptional Boathouse: As the day unfolds, make your way down to the boathouse and bar, where you can savor a unique side-angle view of the lake, providing some of the best vistas available. With more docking space than usual, you'll have all the room you need for your aquatic adventures. Welcome to the lake with this home that has nearly everything done and is ready for you to simply enjoy for many years to come. Lake Somerset is a place you won't soon forget!

Details

Property type

Single Family Residence

Est. home value

$499,000

Lot size

0.41 acres

Price per sq ft

$343

Year built

1983

Annual property taxes

$4,714

Monthly HOA fee

$12.5

Price History

09/17/2024
Realcomp

Realcomp #55024049168

Listed
$714,900
+109.65%
10/03/2019
Realcomp

Realcomp #55021050633

Sold
$341,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Addison

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

$427,444
Asking price
$714,900
Closing costs (~8% of asking)
-$57,192
Est. remaining loan balance
-$230,264
Cash to seller
$427,444

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

October 2019

Original loan amount

$255,750

Est. remaining balance

$230,264

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Scott A Faulkner and Kasha M Faulkner

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: 09/19/2024 at 5:55 AM

Listing updated: 09/17/2024 at 8:41 PM

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

MLS: Realcomp #55024049168

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