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$330,000

Beds
4
Baths
2.0
sq ft
1,120

401 Hill Lake Rd, Wayland, MI 49348

401 Hill Lake Rd

Wayland Twp, MI 49348

  • 10 days on market
    • Price drop $20,000↓
Wayland Schools 4 bedroom 2 full bath home with a 2 stall attached garage has deeded lake access to Hill Lake. Open floor plan concept home with lots of natural light. The main floor offers a spacious kitchen with center island and lots of cupboards that is open to a large living room and dining room with sliders that lead to a deck that overlooks the backyard. There are 2 generous sized bedrooms on the main level along with a full bath. The lower level features a big family room, 2 more good sized bedrooms with large closet spaces, a 2nd full bath, storage room and a separate laundry room. Home sits on a nice sized corner lot and is close to downtown Wayland, US 131 and a short distance to M37 for easy commutes. New roof and siding in 2023.

Details

Property type

Single Family Residence

Est. home value

$332,831

Lot size

0.38 acres

Price per sq ft

$295

Year built

2018

Annual property taxes

$4,740

Price History

07/03/2024
Realcomp

Realcomp #65024032876

Price change
$330,000
-5.71%
06/27/2024
Realcomp

Realcomp #65024032876

Listed
$350,000
+16.67%
09/23/2022
Realcomp

Realcomp #65022018297

Sold
$300,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Wayland 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

$26,112
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$277,488
Cash to seller
$26,112

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

Seller’s Loan History

Lender

Credit Union One

Loan start date

September 2022

Original loan amount

$285,000

Est. remaining balance

$277,488

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Jeffrey A Poll and Kimberly Bumham

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: 07/07/2024 at 9:00 PM

Listing updated: 07/03/2024 at 8:03 PM

Listed by: Ruth A Seif, Great Lakes Realty Phone #: (269) 792-1360

MLS: Realcomp #65024032876

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