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$275,000

Beds
2
Baths
2.0
sq ft
1,213

3707 W Madison Ave, Lake Orion, MI 48359

3707 W Madison Ave

Orion Twp, MI 48359

  • 87 days on market
    • Price drop $2,500↓
Bright Open End Unit Condo with Prime Location in Orion Township! Location on Zillow isn’t showing accurately. This condo is at Baldwin and Waldon behind Johnny Blacks. This condo features COREtec Luxury Vinyl Tiles Flooring on the Lower Levels, Premium Windows with Integrated Blinds between the glass panes and updating to backsplash and gas fireplace. The location is amazing and brings walkability and convivence to Several Dining options, Yoga, Great Lakes Athletic Club and many more within a mile. The complex is situated just 1.5 miles north of I-75 for easy commuting access. This is a must see and shows much different than most condos you have toured!

Details

Property type

Condominium

Est. home value

$239,768

Lot size

Unknown

Price per sq ft

$227

Year built

2006

Annual property taxes

$2,756

Monthly HOA fee

$280

Price History

10/21/2024
Realcomp

Realcomp #20240058654

Price change
$275,000
-0.9%
10/07/2024
Realcomp

Realcomp #20240058654

Price change
$277,500
-0.86%
09/27/2024
Realcomp

Realcomp #20240058654

Price change
$279,900
-1.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$212,407
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$40,593
Cash to seller
$212,407

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

November 2014

Original loan amount

$102,375

Est. remaining balance

$40,593

Interest rate

3.36%

Loan type

New Conventional, 15 year

Seller

Diana L Cataldo

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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3722 E Madison Ave, Lake Orion, MI 48359

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1816 Hunters Ln, Lake Orion, MI 48360

Status: Active

Tomo last checked: 11/05/2024 at 5:25 AM

Listing updated: 10/21/2024 at 10:05 PM

Listed by: Brian W Gregory, RE/MAX Nexus Phone #: (248) 541-4900

MLS: Realcomp #20240058654

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