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$354,000

Beds
3
Baths
2.5
sq ft
1,614

535 Woodruff Lake Rd, Highland, MI 48357

535 Woodruff Lake Rd

Highland Twp, MI 48357

  • 77 days on market
    • Price drop $5,000↓
This home 3 bedroom, 3 bathroom home sits on a large lot, is within walking distance to Woodruff lake beach access and features an attached garage along with a 24' x 24' detached garage, hardwood floors, first floor laundry, fireplace, master bedroom with a walk-in closet and full bathroom. The finished basement features a living area with daylight egress window and an additional room. Built in 1999 this home has a newer roof, water heater & AC, water purification system and much more! One year home warranty and appliances are included!

Details

Property type

Single Family Residence

Est. home value

$378,587

Lot size

0.38 acres

Price per sq ft

$220

Year built

1999

Annual property taxes

$6,171

Price History

11/12/2024
Realcomp

Realcomp #5050154447

Price change
$354,000
-1.39%
09/29/2024
Realcomp

Realcomp #5050154447

Price change
$359,000
-2.71%
09/13/2024
Realcomp

Realcomp #5050154447

Price change
$369,000
-1.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Huron Valley

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

$17,186
Asking price
$354,000
Closing costs (~8% of asking)
-$28,320
Est. remaining loan balance
-$308,494
Cash to seller
$17,186

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

Seller’s Loan History

Lender

Mid-American Mortgage Inc

Loan start date

June 2022

Original loan amount

$320,100

Est. remaining balance

$308,494

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

James Christian Penzien and Laura Penzien

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: 11/22/2024 at 11:50 PM

Listing updated: 11/12/2024 at 2:00 PM

Listed by: Shawn Rowden, REMAX Edge Phone #: (810) 636-9172

MLS: Realcomp #5050154447

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