tomo logo

$799,000

Beds
4
Baths
2.0
sq ft
1,183

31742 S Lake Shore Dr, Dowagiac, MI 49047

31742 S Lake Shore Dr

Silver Creek Twp, MI 49047

  • Pending
Nestled in the picturesque Sister Lakes area, this delightful 4 bedroom, 2 bathroom home offers the perfect blend of comfort and charm. Ideal as a year round home or a weekend getaway, this property provides a peaceful retreat with easy access to outdoor activities, and local amenities.Key features:Efficient Layout: cottage boasts a floor plan with 4 cozy bedrooms and 2 bathrooms Updated Kitchen: Fully equipped kitchen with new appliances, ample counter space, and plenty of cabinets for storage. Perfect for preparing delicious meals after a day on the lake.Outdoor Living: spacious patio/firepit, sand beach and large yard for outdoor activities. New pier installed 2024.Storage: Pole bam 24x32, garage 16x24Don't miss this opportunity to own a piece of paradise in Sister Lakes

Details

Property type

Single Family Residence

Est. home value

$668,170

Lot size

0.36 acres

Price per sq ft

$676

Year built

1958

Annual property taxes

$8,710.55

Price History

09/16/2024
Realcomp

Realcomp #69024045163

Pending
$799,000
08/28/2024
Realcomp

Realcomp #69024045163

Listed
$799,000
+42.68%
06/10/2021
Realcomp

Realcomp #69021014120

Sold
$560,000
+80.65%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Dowagiac Union

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

$318,679
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$416,401
Cash to seller
$318,679

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

Seller’s Loan History

Lender

Wintrust Mortgage

Loan start date

June 2021

Original loan amount

$448,000

Est. remaining balance

$416,401

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Eric Stanley Warning and Andrea Michelle Warning

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 5:35 AM

Listing updated: 09/16/2024 at 7:31 PM

Listed by: Kelly L Smit, Michigan Lakes Team Inc. Phone #: (269) 462-6324

MLS: Realcomp #69024045163

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