tomo logo

$349,900

Beds
5
Baths
3.0
sq ft
1,580

321 Lake Meadow Dr, Waterford, MI 48327

321 Lake Meadow Dr

Waterford Twp, MI 48327

  • 24 days on market
Highly coveted turn key Ranch for sale in lovely Lake Forest Village. Welcome home to this spacious, well-maintained 5-bedroom, 3-bathroom gem, offering an incredible layout, generous living spaces, and thoughtful features throughout. The first-floor master ensuite boasts his & hers closets and dedicated bath with a stand-up tile shower, while 2 additional bedrooms (including a potential office) are located upstairs with additional full bath. The fully finished basement offers two more bedrooms with egress windows, 3rd full bath featuring a Jacuzzi tub with jets, additional family room, and massive storage rooms, including a cedar closet. The kitchen is spacious, with ample counter space, pantry and newer white appliances included in the sale, along with all appliances throughout the home. Dedicated dining space with French doors leading to the sunroom. Enjoy cozy evenings by the gas fireplace in the great room or relax in the three-seasons sun porch overlooking a tranquil wooded landscape. Vaulted ceilings add to the open feel with abundant natural light, and the first-floor laundry adds convenience. The main living areas were painted in 2022. Even garage is meticulous w/ epoxy coated floor! Nestled in a prime Waterford location, this home provides easy access to shopping, dining, schools, and local parks, making it a fantastic choice for convenience and comfort. Sub also has beautiful walking/nature trails. Don't miss this fantastic home with a great layout and plenty of space for storage, work, and relaxation! Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$339,095

Lot size

7,405 sq ft

Price per sq ft

$222

Year built

1996

Annual property taxes

$5,310

Monthly HOA fee

$75

Price History

01/30/2025
Realcomp

Realcomp #20250006577

Listed
$349,900
+22.77%
06/04/2021
Realcomp

Realcomp #2210023426

Sold
$285,000
+39.02%
12/17/2018
Realcomp

Realcomp #218084616

Sold
$205,000

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

$64,240
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$257,668
Cash to seller
$64,240

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2021

Original loan amount

$279,837

Est. remaining balance

$257,668

Interest rate

3.04%

Loan type

FHA, 30 year

Seller

Kelli Steele

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: 02/23/2025 at 2:00 PM

Listing updated: 02/15/2025 at 2:14 PM

Listed by: Katherine Nolff, Katherine Nolff, The Brokerage Real Estate EnthusiastsThe Brokerage Real Estate Enthusiasts Phone #: (248) 297-5551

MLS: Realcomp #20250006577

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