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$168,000

Beds
2
Baths
1.0
sq ft
838

245 Lake Village Dr, Walled Lake, MI 48390

245 Lake Village Dr

Walled Lake, MI 48390

  • 128 days on market
The BENEFIT of this Lake Village Towne Homes condo located in Walled Lake...The BENEFIT of this Lake Village Towne Homes condo located in Walled Lake... 2 Bedrooms, 1 Full Bathroom, Open Floorplan, Laundry Room, Private Screened in Large Balcony (one of the largest in the community), 1 Car Attached Garage with direct access, Private Entry, and other outstanding features. All appliances included. The location of this condominium is among the more peaceful settings in the community, yet easy in / out access. Fantastic location with easy access to shopping, drug store, dining, golf, WALLED LAKE, community parks and trials, Twelve Oaks Mall, Fountain Walk, and more. Get to I-275, I-696, I-96 conveniently via access to M-5 just a mile down the road. The HOA is great. Very well run and maintained. The community offers ample sidewalks, open space for walking / pets / play. Property is tenant occupied with tenant rights 6 months beyond closing (negotiable). Call your local Realtor for a private tour. 72 hour notice to view, other restrictions per tenant. Do not miss out on this opportunity to own a home for less than $300,000.

Details

Property type

Condominium

Est. home value

$151,887

Lot size

9.77 acres

Price per sq ft

$201

Year built

1974

Annual property taxes

$1,116

Monthly HOA fee

$346

Price History

11/27/2024
Realcomp

Realcomp #81024043161

Price change
$168,000
+0.06%
09/12/2024
Realcomp

Realcomp #81024043161

Price change
$167,900
-0.06%
08/17/2024
Realcomp

Realcomp #81024043161

Listed
$168,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$104,442
Asking price
$168,000
Closing costs (~8% of asking)
-$13,440
Est. remaining loan balance
-$50,118
Cash to seller
$104,442

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

Seller’s Loan History

Lender

Chase Manhattan Mortgage Corp

Loan start date

August 2003

Original loan amount

$109,125

Est. remaining balance

$50,118

Interest rate

5.21%

Loan type

Not Provided, 30 year

Seller

Shannon M Williams

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: 12/23/2024 at 2:50 PM

Listing updated: 11/27/2024 at 12:53 PM

Listed by: Keith Brandt, Brandt Real Estate Phone #: (248) 756-2844

MLS: Realcomp #81024043161

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