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$299,000

Beds
2
Baths
2.0
sq ft
1,147

4086 Lanark Ave, Waterford, MI 48328

4086 Lanark Ave

Waterford Twp, MI 48328

  • 16 days on market
Charming Ranch home with Watkins Lake Beach access at the end of the street ! This updated home is truly move in ready. This home offers an open floor plan, great for entertaining. The great room offers a vaulted ceiling with lots of natural light coming in from the bay window. An updated kitchen is ready for your cooking needs with newer stainless appliances, island and granite counters. The lower level offers a family room with daylight windows for natural light and a natural fireplace. Updates include Furnace & hot water heater Nov 2017, Siding March 2018, Front and Rear doors Nov 2018, Installed a sump pump system Octo 2020, shower enclosure June 2021, upstairs flooring June 2023, AC June 2022, Garage doors, April 2017, Fence Sept 2019. Enjoy your exclusive access to the beach with the option of renting your own boat slip. as well!

Details

Property type

Single Family Residence

Est. home value

$241,164

Lot size

7,405 sq ft

Price per sq ft

$261

Year built

1967

Annual property taxes

$2,468

Monthly HOA fee

$10

Price History

11/06/2024
Realcomp

Realcomp #20240083777

Listed
$299,000
+99.33%
04/21/2017
Realcomp

Realcomp #217019447

Sold
$150,000

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

$154,064
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$121,016
Cash to seller
$154,064

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

April 2017

Original loan amount

$142,500

Est. remaining balance

$121,016

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Steven Cumberworth

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: 11/23/2024 at 2:30 AM

Listing updated: 11/07/2024 at 6:05 AM

Listed by: Cheryl Bailey, Coldwell Banker Realty-Rochester Phone #: (248) 651-3500

MLS: Realcomp #20240083777

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