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$875,000

Beds
4
Baths
3.5
sq ft
2,454

4592 Island Park Dr, Waterford, MI 48329

4592 Island Park Dr

Waterford Twp, MI 48329

  • 6 days on market
Welcome to this stunning luxury home on the sought after All Sport Woodhull Lake also direct access to Lake Oakland. This home offers an unparalleled lifestyle, combining elegant design, modern amenities, and breathtaking natural beauty. Perfect for year-round living with boating, fishing, water skiing, and enjoy winter activities such as pond hockey and ice fishing. This home boasts stunning views of the lake, with expansive windows and outdoor spaces designed to take advantage of the landscape and the lake views. Modern kitchen with top-of-the-line appliances. The basement level includes a large sliding glass doors that open directly to the lakefront, creating a seamless indoor-outdoor experience. Also featuring in the walk out basement an additional family room, and additional flex room for a potential 4-bedroom home.

Details

Property type

Single Family Residence

Est. home value

$767,381

Lot size

0.24 acres

Price per sq ft

$357

Year built

1987

Annual property taxes

$12,402

Monthly HOA fee

$3.33

Price History

10/29/2024
Realcomp

Realcomp #20240081858

Listed
$875,000
+49.57%
06/18/2019
Realcomp

Realcomp #219040716

Sold
$585,000

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

$214,975
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$590,025
Cash to seller
$214,975

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$613,830

Est. remaining balance

$590,025

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Timothy Michaels and Lisa M Michaels

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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Price drop
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3984 Lamont Dr, Waterford, MI 48329

Status: Active

Tomo last checked: 11/04/2024 at 11:10 PM

Listing updated: 11/02/2024 at 2:15 PM

Listed by: Tami Laduke, Golden Key Realty Group LLC Phone #: (248) 422-6962

MLS: Realcomp #20240081858

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