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$1,190,000

Beds
5
Baths
2.0
sq ft
1,380

14507 Lakeshore Rd, Lakeside, MI 49116

14507 Lakeshore Rd

Chikaming Twp, MI 49116

  • 71 days on market
    • Price drop $60,000↓
This charming 5-bedroom home is the perfect Harbor Country retreat for you and your guests. Currently being used as a successful short-term rental, this home has undergone extensive renovations throughout including finishing the basement with additional bedrooms, a bathroom, a laundry, and a rec room. The home offers lots of space to spread out and enjoy your time in Michigan. Outdoors, the expansive deck and hot tub coaxes you to relax after spending the day at nearby Pier St beach or Cherry beach. The one acre wooded lot provides privacy and the opportunity to expand in the future with a swimming pool. This luxe property is ready to go and a definite must-see.

Details

Property type

Single Family Residence

Est. home value

$550,156

Lot size

1.00 acres

Price per sq ft

$863

Year built

1945

Annual property taxes

$4,129.12

Price History

10/22/2024
Realcomp

Realcomp #69024044442

Price change
$1,190,000
-4.8%
09/26/2024
Realcomp

Realcomp #69024044442

Price change
$1,250,000
-5.66%
08/23/2024
Realcomp

Realcomp #69024044442

Listed
$1,325,000
+77.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

River Valley

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

$436,459
Asking price
$1,190,000
Closing costs (~8% of asking)
-$95,200
Est. remaining loan balance
-$658,341
Cash to seller
$436,459

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

June 2023

Original loan amount

$668,625

Est. remaining balance

$658,341

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Roy Robin Llc

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: 11/03/2024 at 8:40 AM

Listing updated: 11/02/2024 at 1:15 PM

Listed by: Michael Jefvert, @properties Phone #: (269) 469-0700

MLS: Realcomp #69024044442

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