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$539,900

Beds
4
Baths
3.0
sq ft
2,367

2996 Loon Lake Shores Rd, Waterford, MI 48329

2996 Loon Lake Shores Rd

Waterford Twp, MI 48329

  • 59 days on market
    • Price drop $35,000↓
Discover a spacious haven boasting nearly 4100 square feet, offering breathtaking water views in this contemporary dwelling. Enjoy all-sports Loon Lake privileges and a private beach club. Relish the newly renovated shaker kitchen (2020) equipped with built-in appliances and granite countertops, ideal for hosting gatherings. Retreat to the owner's suite with a gas fireplace or entertain outdoors on the expansive deck with a retractable awning. With ceramic baths featuring granite or quartz counters and high-end finishes throughout, this home exudes luxury. Explore the versatile lower level, currently utilized as a home gym and sauna retreat. Numerous built-ins add functionality and style. Please refer to the list of inclusions/exclusions for details.

Details

Property type

Single Family Residence

Est. home value

$569,522

Lot size

0.40 acres

Price per sq ft

$229

Year built

1989

Annual property taxes

$9,138

Monthly HOA fee

$8.33

Price History

09/15/2024
Realcomp

Realcomp #20240066666

Price change
$539,900
-6.09%
09/06/2024
Realcomp

Realcomp #20240066666

Listed
$574,900
-0.02%
07/22/2024
Realcomp

Realcomp #20240025117

Removed
$574,990

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$147,720
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$348,988
Cash to seller
$147,720

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2021

Original loan amount

$372,800

Est. remaining balance

$348,988

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ding Jin

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: 11/05/2024 at 4:25 AM

Listing updated: 10/25/2024 at 5:35 PM

Listed by: Luyao Jiang, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240066666

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