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$275,000

Beds
2
Baths
2.0
sq ft
1,892

3270 Island Cove Dr Unit 100, Waterford, MI 48328

3270 Island Cove Dr Unit 100

Waterford Twp, MI 48328

  • Pending
    • Price drop $25,000↓
Lakefront living at its finest! This 2 bedroom, 2 bathroom condo boasts beautiful views of Loon Lake. The open floor concept of this first floor unit immediately greets you with an abundance of natural light when you enter. The large living room has an attached balcony with lake views and direct stair access down to your private boat slip! Stepping back inside, you will find a well maintained unit that feels every bit spacious and luxurious in every room. From the kitchen views, to the oversized primary bedroom and bathroom, this condo has everything you are looking for! This unit also includes an indoor heated parking space and shared community pool access.

Details

Property type

Condominium

Est. home value

$334,004

Lot size

Unknown

Price per sq ft

$146

Year built

1989

Annual property taxes

$4,645

Monthly HOA fee

$550

Price History

02/20/2025
Realcomp

Realcomp #20250002946

Pending
$275,000
02/11/2025
Realcomp

Realcomp #20250002946

Listed
$275,000
02/11/2025
Realcomp

Realcomp #20250002946

Removed
$275,000

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

$125,146
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$127,854
Cash to seller
$125,146

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

August 2023

Original loan amount

$130,000

Est. remaining balance

$127,854

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Victor C Peri and Shirley M Peri

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?

Status: Pending/Under Contract

Tomo last checked: 02/23/2025 at 3:05 PM

Listing updated: 02/20/2025 at 3:54 PM

Listed by: Brandon Verlinden, Brandon Verlinden, EXP RealtyEXP Realty Phone #: (248) 629-0791

MLS: Realcomp #20250002946

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