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$354,900

Beds
4
Baths
2.0
sq ft
1,842

5420 Joslin Lake Dr, Gregory, MI 48137

5420 Joslin Lake Dr

Lyndon Twp, MI 48137

  • 62 days on market
    • Price drop $15,000↓
Welcome to all-sports Joslin Lake with this beautifully maintained 1,842 sq. ft. ranch home with a loft/4th bedroom, nestled in a vibrant community where pride of ownership and that "up north feel" shines. Located just a 2-minute stroll from the sandy shores of the 180-acre lake, this home offers lake views and privileges, including access to the community boat dock. As you enter, you’ll be drawn to the spacious main living room at the back of the house, featuring six oversized windows with southwestern exposure, providing glimpses of the lake. A door wall to the left leads to the side yard, where a newer wood deck awaits, perfect for intimate gatherings and larger celebrations. The home’s layout is both functional and inviting, with two bedrooms opposite the living room, and a well-appointed galley kitchen with hickory cabinets and barstool seating for three. The adjacent formal dining space comfortably seats six, making it ideal for entertaining. Towards the front foyer, you’ll find a versatile laundry room/full bath complete with ample cabinet and counter space, a soaking tub, and a shower. The master bedroom on the other side boasts 2 walk-in closets, an en-suite bath, and another door wall leading out to the deck. Above, the 23x18 loft space offers many options as an additional living area, 4th bedroom, home office, or playroom- and includes a closet and views from both the front and back of the house. This home also features newer flooring, fresh paint, updated appliances, and limited central air. The 2-car garage with a new roof and wrap-around wood privacy fence enhances convenience and privacy. Just a 1/2 mile from Unadilla Park and located within the Stockbridge or Chelsea school districts, this property is ideal as a year-round lake house or a primary residence. Opportunities like this are rare—don’t miss your chance to make this lakeside retreat your own!

Details

Property type

Single Family Residence

Est. home value

$311,167

Lot size

7,841 sq ft

Price per sq ft

$193

Year built

1930

Annual property taxes

$3,378

Price History

11/04/2024
Realcomp

Realcomp #20240065479

Price change
$354,900
-4.06%
10/06/2024
Realcomp

Realcomp #20240065479

Price change
$369,900
-2.63%
09/03/2024
Realcomp

Realcomp #20240065479

Listed
$379,900
+25.59%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Stockbridge

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

$71,431
Asking price
$354,900
Closing costs (~8% of asking)
-$28,392
Est. remaining loan balance
-$255,077
Cash to seller
$71,431

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

May 2023

Original loan amount

$272,250

Est. remaining balance

$255,077

Interest rate

5.54%

Loan type

New Conventional, 15 year

Seller

Blake Heslop and Ashlee Heslop

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 7:35 AM

Listing updated: 11/04/2024 at 12:05 PM

Listed by: John M Cotter, KW Domain Phone #: (248) 590-0800

MLS: Realcomp #20240065479

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