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$120,000

Beds
1
Baths
1.0
sq ft
622

16858 Shawano Dr, Sand Lake, MI 49343

16858 Shawano Dr

Spencer Twp, MI 49343

  • 30 days on market
This cozy 1 bedroom, 1 bath cottage offers peaceful lake views and modern amenities, perfect for those looking for a quiet retreat or an affordable year round home.Key Features; *New Vinyl flooring. *Newly remodeled Kitchen with new appliances. *Upgraded heating: replaced old electric wall furnace with conventional natural gas furnace.*New natural gas tank-less hot water heater.*New pressure tank.*Installed washer and dryer hookup: New washer and dryer.*Updated property boundaries are in the works to include an old abandoned road.

Details

Property type

Single Family Residence

Est. home value

$112,880

Lot size

Unknown

Price per sq ft

$193

Year built

1964

Annual property taxes

$1,240

Monthly HOA fee

$2.08

Price History

10/23/2024
Realcomp

Realcomp #72024055853

Listed
$120,000
+60.43%
12/17/2021
Realcomp

Realcomp #65021108197

Sold
$74,800

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Cedar Springs

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

$54,282
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$56,118
Cash to seller
$54,282

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

Seller’s Loan History

Lender

Commercial Bank

Loan start date

December 2021

Original loan amount

$59,840

Est. remaining balance

$56,118

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Bradley Campbell

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: 11/22/2024 at 3:20 PM

Listing updated: 10/29/2024 at 5:35 PM

Listed by: Kayla Kesting, Big Rapids Realty Phone #: (231) 796-4871

MLS: Realcomp #72024055853

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