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$278,388Estimated home value

Beds
2
Baths
1.0
sq ft
1,336

16855 Waterloo Rd, Chelsea, MI 48118

16855 Waterloo Rd

Lyndon Twp, MI 48118

  • Sold On 9/18/2024
Discover the joy of living at Lake Winnewana with this open-concept residence featuring vaulted ceilings and exposed beams. The updated kitchen shines with a farmhouse sink, stainless steel appliances, soft-close cabinetry, and butcher block countertops. The living area boasts an efficient pellet stove on a freshly tiled hearth (2024) and extends to a heated back porch, offering serene sunrise views over the lake. The main level includes a freshly painted bedroom, bathroom, and convenient laundry with newer LG Wash Tower (2022). Upstairs, the bright primary bedroom, versatile loft space, and ample attic storage await. Benefit from practical upgrades like new basement windows (2024) and a water softener (2022).Embrace outdoor living with nearly immediate lake access, scenic trails, and abundant wildlife. Surrounded by state land, privacy is assured in the heart of the Waterloo State Rec area. Enjoy Chelsea schools, low township taxes, and high-speed fiber optic internet, all under $300K. Seize the opportunity to make this idyllic retreat your new home. Schedule your visit today!

Details

Property type

Single Family Residence

Est. home value

$278,388

Lot size

1.00 acres

Price per sq ft

$221

Year built

1967

Annual property taxes

$3,963

Price History

09/17/2024
Realcomp

Realcomp #81024033989

Sold
$295,000
08/08/2024
Realcomp

Realcomp #81024033989

Pending
$295,000
08/01/2024
Realcomp

Realcomp #81024033989

Listed
$295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chelsea

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

$65,781
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$205,619
Cash to seller
$65,781

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2023

Original loan amount

$208,000

Est. remaining balance

$205,619

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Scott Maclellan

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: Off Market

Tomo last checked: 10/05/2024 at 7:45 PM

Listing updated: 09/18/2024 at 4:54 PM

Listed by: Scott MacLellan, Phone #: (734) 475-9600

MLS: Realcomp #81024033989

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