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$525,000

Beds
5
Baths
3.5
sq ft
2,060

440 Lake Dr, Allegan, MI 49010

440 Lake Dr

Allegan, MI 49010

  • 4 days on market
This stunning 5 Bedroom 3 1/2 bath home features an open concept design, creating a comfortable and functional living environment. Large Center Island Kitchen with granite counter tops with quartz sink flows to Dining and living room, featuring a gas log fireplace and large picture windows that showcase the breathtaking views of the river. Large Mudroom off garage. Primary Bedroom with walk-in closets and Full Bath.The lower level includes recreation room, Field Stone gas log fireplace, offering versatile space for leisure and entertainment. workroom and plenty of storage. Enjoy the tranquility of the surrounding wildlife on your private screened porch and generous 1.16 acre lot with 250' frontage along the Kalamazoo River with stairs to waters edge providing ample opportunities foroutdoor activities and appreciation of the natural setting.

Details

Property type

Single Family Residence

Est. home value

$460,127

Lot size

1.16 acres

Price per sq ft

$255

Year built

1967

Annual property taxes

$7,398.35

Price History

11/08/2024
Realcomp

Realcomp #66024058615

Listed
$525,000
+56.72%
07/26/2019
Realcomp

Realcomp #65019027105

Sold
$335,000
+55.81%
07/21/2014
Realcomp

Realcomp #66014004773

Sold
$215,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Allegan

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

$310,675
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$172,325
Cash to seller
$310,675

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

February 2021

Original loan amount

$188,500

Est. remaining balance

$172,325

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Kathleen Mcclellan and David Mcclellan

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: Active

Tomo last checked: 11/12/2024 at 4:15 PM

Listing updated: 11/09/2024 at 8:35 AM

Listed by: Carol L Sneller, Coldwell Banker Sneller Real Estate Phone #: (269) 355-1919

MLS: Realcomp #66024058615

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