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$649,900

Beds
3
Baths
2.0
sq ft
1,000

260 Oak Island Dr, Wolverine Lake, MI 48390

260 Oak Island Dr

Wolverine Lake Vlg, MI 48390

  • 145 days on market
    • Price drop $50,000↓
Lakefront paradise flaunting 125' of frontage+135' on the canal. Tucked discreetly on Oak Island, it offers up-north vibes with lush greenery, sunset views& walkout basement grades. The heart of this home is at the lake level where an open layout allows for seamless movement. Living rm has marble firepl,wood flrs&quaint cubby.French door to kit connects to lrg dining rm. 2nd level: Sprawling primary bedrm, 2nd firpl, organized built-ins. Bunk bedrm has tall ceil's&wood flrs. You'll find updated amenities without losing the vintage appeal. Updated electrical,multi level deck,seawall,dock & boathouse. 2 level garage. Consider splitting the land& building! (Word has it that the Ford family owned this back in the day as a lodge) Enjoy Tikki night, Corn Roasts, Raft-offs,5K's,&more events.

Details

Property type

Single Family Residence

Est. home value

$539,838

Lot size

0.36 acres

Price per sq ft

$650

Year built

1925

Annual property taxes

$7,563

Price History

05/10/2024
Realcomp

Realcomp #81024007206

Price change
$649,900
-7.14%
02/12/2024
Realcomp

Realcomp #81024007206

Listed
$699,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Citizens Bank Na

Loan start date

January 2018

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.35%

Loan type

Credit Line (Revolving), 25 year

Seller

William Birndorf and Holly Birndorf

Lender

Charter One Bank Na

Loan start date

March 2006

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

6.12%

Loan type

Credit Line (Revolving), 25 year

Seller

William Birndorf and Holly Birndorf

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: 07/07/2024 at 6:30 PM

Listing updated: 05/10/2024 at 11:03 AM

Listed by: Diane M Braykovich, Phone #: (248) 348-3000

MLS: Realcomp #81024007206

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