tomo logo

$1,199,000

Beds
5
Baths
3.5
sq ft
3,281

5386 Buckhorn Lake Rd, Highland, MI 48357

5386 Buckhorn Lake Rd

Highland Twp, MI 48357

  • 46 days on market
    • Price drop $301,000↓
    • Open house Nov 07
This exquisite Private Lake Front Home sits on over 10 rolling acres overlooking nature all around. Experience Luxury in this beautifully renovated stunner, boasting 5 bedrooms, 4 bathrooms and a Gourmet Kitchen perfect for entertaining. Relax in the comfort of your spacious Primary Suite with large closets and bath. Enter an entire living space in the Lower Level walk-out open to the Lake, Brick paver patio, fire pit and nature all around. A complete kitchen space, bedroom and bathroom, entertainment room are available for housing friends and family in the ultimate space for parties or just relaxing. Outdoors, moor your boat on your dock leading to PRIVATE Updates include: NEW Anderson windows, tankless hot water system, furnace and AC units, New deck and dock and much more!

Details

Property type

Single Family Residence

Est. home value

$849,223

Lot size

10.55 acres

Price per sq ft

$366

Year built

1988

Annual property taxes

$21,537

Monthly HOA fee

$41.67

Price History

10/22/2024
Realcomp

Realcomp #20240070785

Price change
$1,199,000
-20.07%
09/19/2024
Realcomp

Realcomp #20240070785

Listed
$1,500,000
+0.01%
08/10/2024
Realcomp

Realcomp #20240008762

Removed
$1,499,900

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

$599,631
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$503,449
Cash to seller
$599,631

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

July 2017

Original loan amount

$589,775

Est. remaining balance

$503,449

Interest rate

3.94%

Loan type

VA, 30 year

Seller

Erik S Retallack and Lauren Retallack

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: 11/05/2024 at 6:10 PM

Listing updated: 11/03/2024 at 3:15 PM

Listed by: Susan K Marsh, Brookstone, Realtors LLC Phone #: (248) 963-0501

MLS: Realcomp #20240070785

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