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$360,000

Beds
2
Baths
1.0
sq ft
1,100

432 Market St, Walled Lake, MI 48390

432 Market St

Walled Lake, MI 48390

  • 31 days on market
Walled Lake – Stunning Lake Views on Triple Lot! This exceptional property offers breathtaking views of Walled Lake, situated on three expansive lots that provide ample space and endless possibilities. With multiple entrances, this home presents a unique opportunity as a serene getaway, a lucrative investment property, or the ideal location for new construction.Conveniently located just a short walk to the beach and moments from the vibrant, growing downtown Walled Lake, this property perfectly balances relaxation and accessibility. Plus, it’s only a 30-minute drive to DTW Airport, making it an excellent option for year-round living or a second home.Don’t miss this incredible opportunity to create your dream retreat or capitalize on its investment potential. Location, location, location!

Details

Property type

Single Family Residence

Est. home value

$249,245

Lot size

7,841 sq ft

Price per sq ft

$328

Year built

1940

Annual property taxes

$4,707

Price History

11/22/2024
Realcomp

Realcomp #20240087974

Listed
$360,000
+44%
04/20/2022
Realcomp

Realcomp #2220014697

Sold
$250,000
+78.57%
10/29/2018
Realcomp

Realcomp #218092963

Sold
$140,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$171,688
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$159,512
Cash to seller
$171,688

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2022

Original loan amount

$168,000

Est. remaining balance

$159,512

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Cinthia M Fogaca Lea

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: 12/23/2024 at 2:45 PM

Listing updated: 12/15/2024 at 2:45 PM

Listed by: Anita L Ruiz, Berkshire Hathaway HomeServices Michigan Real Est Phone #: (248) 625-5700

MLS: Realcomp #20240087974

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