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$599,900

Beds
3
Baths
2.0
sq ft
1,952

260 Oak Island Dr, Wolverine Lake, MI 48390

260 Oak Island Dr

Wolverine Lake Vlg, MI 48390

  • 78 days on market
    • Price drop $50,000↓
ABSOLUTELY MAGNIFICENT LAKEFRONT PARCEL FLAUNTING 125' OF LAKE FRONTAGE+ANOTHER 135' ON THE CANAL. Located in a discreet area of the lake on quaint Stuarts Island,you'll experience an Up-North feeling. If you aspire to build a lake home,this is the place! It's situated on a road end,with lush greenery, sunset views &walkout basement grades. Here you'll find a charming vintage cottage with oodles of space. The walkout lake level has an open living rm with a timeless marble firepl,wood floors,handy nook&french door leading to an updated kitchen.Spacious dining rm,laundry,full bath&good storage.The upper level has a sprawling master bedrm,marble firepl&organized builtins.Bunk bedrm has tall ceils&wood flrs. Cool beaded board ceilings, medallions,farmhouse shabby windows,updated electrical,updated decks,seawall,dock&boathouse. 2 level garage. Lots of options to consider! Use it as a cottage, Build a new home and live here while builidng, or the land could be splittalbe, so a good opportunity for investors or builders. Enjoy Tikki fireworks night,Corn Roast,Raft-offs, trails+community events. X-way handy.

Details

Property type

Single Family Residence

Est. home value

$539,838

Lot size

0.36 acres

Price per sq ft

$308

Year built

1925

Annual property taxes

$7,960

Price History

10/02/2024
Realcomp

Realcomp #20240066327

Price change
$599,900
-7.69%
09/05/2024
Realcomp

Realcomp #81024007206

Removed
$649,900
09/05/2024
Realcomp

Realcomp #20240066327

Listed
$649,900

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: 11/23/2024 at 5:40 AM

Listing updated: 10/23/2024 at 10:35 AM

Listed by: Diane M Braykovich, RE/MAX Classic Phone #: (248) 348-3000

MLS: Realcomp #20240066327

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