tomo logo

$255,000

Beds
2
Baths
2.0
sq ft
1,034

521 Red Oak Ct, Walled Lake, MI 48390

521 Red Oak Ct

Walled Lake, MI 48390

  • 20 days on market
Nestled in the heart of East Bay Village, this beautiful ground-level condo offers the perfect blend of comfort and convenience. Featuring two spacious bedrooms and two full baths, this move-in-ready home welcomes you with an inviting open-concept living area, accentuated by gorgeous flooring and a neutral color palette that complements any style. The well-appointed kitchen boasts ample counter space, SS appliances and a breakfast bar that seamlessly connects to the dining room, creating a perfect space for entertaining. Retreat to the generously sized bedrooms and bathrooms, offering a sanctuary of relaxation. As a resident of East Bay Village, you’ll enjoy exclusive access to a private dock, as well as beautifully maintained grounds with fountains, gazebos, scenic walking paths, and a host of resort-style amenities—including an in-ground pool, hot tub, sand volleyball court, and clubhouse. Experience the charm of lakefront living on Walled Lake, with miles of trails winding through the community and along the shoreline. Completing this exceptional offering is an attached one-car garage with direct access, ensuring both convenience and security. Close to M5, 96, 12 Oaks Mall, and many other shopping and dining areas. Don't miss your chance to own a piece of East Bay Village paradise!

Details

Property type

Condominium

Est. home value

$230,042

Lot size

Unknown

Price per sq ft

$247

Year built

2005

Annual property taxes

$3,564

Monthly HOA fee

$205

Price History

02/02/2025
Realcomp

Realcomp #20250007171

Listed
$255,000
+8.05%
06/02/2023
Realcomp

Realcomp #20230036177

Sold
$236,000
+86.56%
04/13/2016
Realcomp

Realcomp #216015572

Sold
$126,500

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

$194,401
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$40,199
Cash to seller
$194,401

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

April 2016

Original loan amount

$86,500

Est. remaining balance

$40,199

Interest rate

2.93%

Loan type

New Conventional, 15 year

Seller

Heather M Holm and James E Holm

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: 02/22/2025 at 11:05 PM

Listing updated: 02/15/2025 at 3:14 PM

Listed by: Frederick A Alexander, Frederick A Alexander, KW Showcase RealtyKW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20250007171

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