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$394,900

Beds
3
Baths
3.0
sq ft
2,073

3230 McDowell Dr, Waterford, MI 48328

3230 McDowell Dr

Waterford Twp, MI 48328

  • 31 days on market
    • Price drop $5,000↓
SELLER IS OFFERING $5k CONCESSION/CREDIT for floors! Lakefront Living at Its Best! This unique home, built in 2007, offers about 48 feet of private lake frontage on the serene, all-sports Scott Lake, an exclusive 78-acre paradise accessible only to residents. The home is perched on an elevated lot with breathtaking southern views of the lake and adjacent wetland, providing a peaceful retreat with no neighbors to the south or east. With 281 feet of combined road frontage, including McDowell, a quiet dead-end street, you’ll enjoy easy access to parking, the dock, and lake—all just a short walk away. The outdoor space is an entertainer's dream, featuring a large Trex deck, a charming backyard gazebo, and two storage sheds for added convenience. Best of all—there’s no required HOA, but an optional one available. Inside, the home boasts a modern kitchen with stainless steel appliances, including a new fridge, and a breakfast nook with a slider that walks out to the Trex deck, perfect for morning coffee or evening meals. The main floor also features a cozy family room with a gas fireplace and a formal dining room, ideal for entertaining guests or enjoying family dinners. The private main-level primary suite includes a sunken jetted tub, separate shower, and walk-in closet, while two additional main-level bedrooms share a second full bath. The lower level boasts a large family room with a walkout basement leading to a backyard patio, perfect for entertaining or relaxing. The lower level also features a third full bath and a bonus room that could be used as a fourth bedroom. The oversized garage provides ample storage, and the mechanical room offers convenient yard access. Built in 2007, this beautiful home is nestled in an area surrounded by nearby lakes, making it the perfect blend of tranquility and convenience. Don’t miss your chance to own this one-of-a-kind lakefront oasis! ** Upper/Main level floors are under warrantly and will be fixed prior to closing. **

Details

Property type

Single Family Residence

Est. home value

$400,658

Lot size

1.15 acres

Price per sq ft

$191

Year built

2007

Annual property taxes

$6,976

Price History

10/28/2024
Realcomp

Realcomp #20240075141

Price change
$394,900
-1.25%
10/19/2024
Realcomp

Realcomp #20240075141

Listed
$399,900
10/14/2024
Realcomp

Realcomp #20240075141

Removed
$399,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

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

$101,385
Asking price
$394,900
Closing costs (~8% of asking)
-$31,592
Est. remaining loan balance
-$261,923
Cash to seller
$101,385

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$267,093

Est. remaining balance

$261,923

Interest rate

6.12%

Loan type

FHA, 30 year

Seller

Steve Allen Menker and Renee Menker

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: 10/28/2024 at 5:05 PM

Listed by: Erica Wood, RE/MAX Eclipse Phone #: (248) 792-2621

MLS: Realcomp #20240075141

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