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$525,000

Beds
4
Baths
3.5
sq ft
1,530

4694 Howell Rd, Otter Lake, MI 48464

4694 Howell Rd

Marathon Twp, MI 48464

  • 10 days on market
Own your own paradise, breathtaking views on All sports lake. Nicely updated 4 bedroom,3.5 bath home, has over 2600+ SF of finished living space with walk-out basement on wooded 2 acre lot overlooking Hemingway lake. Quiet & secluded gorgeous views from all windows on all 3 levels. Perfect for year long living or use as weekend retreat. Feels like your way up north but without the long drive & traffic. Sit & relax on the updated Lg cozy deck or lower walk-out covered patio for coffee or evening drinks. Home & lake is perfect for family & friends get-together. Amazing view nestled in the woods. Also has a deck by the water boat dock. Enjoy boating, swimming, water-skiing, fishing. In the winter skating & ice fishing. Spacious 2 story main level open floor plan living area, wood floors & wall of windows. Great room with stone FP, large open dinning area & updated kitchen has granite countertops, all stainless steel appliances. 1st floor primary bedroom suite with vaulted ceiling & door wall out to deck, walk-in closet & full bath. Upper bedroom with full bath & double doors open to over look great rm & lake. Finished walk-out basement has family rm, newer full bath, 2 extra bedrooms. 1st floor laundry with newer washer & dryer. Huge 2.5+ car gar with work bench, generator, built-in power washer, lots of storage shelving.Yard has plenty of room for car parking. Newer shed for extra storage, Fire-pit area & room for lawn games. Comes with generator, invisible fencing, Alarm system, cent-air. Mostly paved roads to street,short dirt road. Note: street name is Howell but map shows it’s on private Pine hill street. Take Pine hill to end of Street. Towns close by Columbiaville, Otter lake,Lapeer & Millington loctaed between lapeer rd(m-24) & (m-15)

Details

Property type

Single Family Residence

Est. home value

$492,024

Lot size

2.00 acres

Price per sq ft

$344

Year built

2005

Annual property taxes

$5,377

Price History

09/07/2024
Realcomp

Realcomp #20240067004

Listed
$525,000
+10.55%
06/01/2022
Realcomp

Realcomp #2220030246

Sold
$474,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$85,130
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$397,870
Cash to seller
$85,130

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

June 2022

Original loan amount

$411,985

Est. remaining balance

$397,870

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Alise Mcaleer

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: 09/18/2024 at 12:45 AM

Listing updated: 09/16/2024 at 9:21 PM

Listed by: Joanne Freeman, Real Estate One-Rochester Phone #: (248) 652-6500

MLS: Realcomp #20240067004

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