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$1,802,596Estimated home value

Beds
4
Baths
3.5
sq ft
3,928

301 Green Acres Ln, Elk Rapids, MI 49629

301 Green Acres Ln

Elk Rapids Twp, MI 49629

  • Sold On 8/19/2024
Exceptional custom 4-bedroom, 3 ‚ ½ bath waterfront home on a quiet street on Elk Lakes West shore. The gourmet kitchen features a Wolf cooktop, Bosch side-opening double ovens, Liebherr refrigerator, Bosch drawer microwave, and convenient prep sink. The expansive 12 granite island is perfect for gatherings and entertaining. Each floor of this stunning home includes a full ensuite bedroom, complete with walk-in closets, granite countertops, zero entry doorless showers, and heated floors. Every bedroom offers spectacular views of Elk Lake and spacious enough to accommodate extra beds if needed. Utilities are state of the art, including radiant heat throughout the first floor, reverse osmosis water, and stainless-steel indirect water heater. The home features an attached garage opening to a spacious mudroom. The second 2+ car garage has a second floor for storage, workshop, or apartment. This property includes co-ownership of a common 10-acre wooded parcel across the street. This stunning home offers a harmonious blend of luxury and functionality, making it the perfect retreat for those who value both comfort and style. Experience the finest in waterfront living with breathtaking views, spacious interiors, and top-of-the-line amenities.

Details

Property type

Single Family Residence

Est. home value

$1,802,596

Lot size

0.64 acres

Price per sq ft

$682

Year built

2016

Price History

08/15/2024
Realcomp

Realcomp #78080048201

Sold
$2,750,000
+2.8%
07/19/2024
Realcomp

Realcomp #78080048201

Pending
$2,675,000
07/12/2024
Realcomp

Realcomp #78080048201

Listed
$2,675,000
+429.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Elk Rapids

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

-$465,012
Asking price
$2,675,000
Closing costs (~8% of asking)
-$214,000
Est. remaining loan balance
-$2,926,012
Cash to seller
-$465,012

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2012

Original loan amount

$4,040,000

Est. remaining balance

$2,926,012

Interest rate

3.75%

Loan type

Not Provided, 30 year

Seller

Glenn S Fronheiser and Martha E Fronheiser

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: Off Market

Tomo last checked: 08/26/2024 at 2:50 PM

Listing updated: 08/19/2024 at 7:08 PM

Listed by: Tom Wiltse, Phone #: (231) 498-2498

MLS: Realcomp #78080048201

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