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$449,000

Beds
3
Baths
1.0
sq ft
1,242

16342 Stages Is, Linden, MI 48451

16342 Stages Is

Argentine Twp, MI 48451

  • 187 days on market
    • Price drop $10,000↓
Guest favorite! Ranked in the top 1% based on guest ratings. Do you prefer the sunrise or the sunset? With this Stages Island retreat on Lobdell Lake, you don't have to choose! Experience stunning lake life and island living. Park your car at your private parking area, hop on your boat at your private dock, and arrive at your ultimate getaway. The sunset facing waterfront deck is equipped with a built-in barbecue, wet bar and upgraded sound system. This deck has plenty of room to comfortably entertain your guests. Don't forget to grab your coffee and head to the porch on the east side to relax and watch the sunrise. Home Features: The kitchen is well appointed with SS appliances, many cabinets, and breakfast bar. The kitchen opens to a dining area and living room which leads to the large deck. Up the stairs are 3 nicely updated bedrooms which have a total of 6 beds. This is a turnkey opportunity as all contents of the home are included with a full price offer. The pontoon boat and barge are sold separately. The sellers did use this as a vacation rental in 2023 and have bookings for 2024 which can be canceled if buyer does not want to accept. Buy it as a cottage or add it to your rental portfolio.

Details

Property type

Single Family Residence

Est. home value

$410,397

Lot size

2,614 sq ft

Price per sq ft

$362

Year built

1963

Annual property taxes

$7,186

Price History

09/09/2024
Realcomp

Realcomp #20240016672

Price change
$449,000
-2.18%
09/04/2024
Realcomp

Realcomp #20240016672

Price change
$459,000
-3.37%
06/06/2024
Realcomp

Realcomp #20240016672

Price change
$475,000
-4.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Linden

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

$146,715
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$266,365
Cash to seller
$146,715

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

June 2022

Original loan amount

$275,000

Est. remaining balance

$266,365

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Gerald Carr

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: 09/19/2024 at 5:45 AM

Listing updated: 09/09/2024 at 4:01 PM

Listed by: Jerilyn Gilleylen, Preview Properties PC Phone #: (810) 220-0000

MLS: Realcomp #20240016672

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