tomo logo

$539,900

Beds
2
Baths
2.0
sq ft
1,327

55763 Davis Ln, Dowagiac, MI 49047

55763 Davis Ln

Wayne Twp, MI 49047

  • 8 days on market
Welcome to this picturesque lakeside retreat, nestled on the tranquil Mill Pond and just a short distance from Dowagiac. Enjoy fishing, kayaking and leisure boat rides. Offering stunning views, this beautifully maintained ranch-style home is designed for comfort and convenience, featuring a 19 x 10 3-season room surrounded by windows and a finished basement. The newer 40x32 pole building is the perfect addition for hobbyists or those in need of ample storage. Whether you're storing vehicles, boats or pursuing creative projects, this spacious outbuilding can accommodate it all. Several public golf courses in the area, shopping, restaurants, etc. Approximately 30 minutes to Mishawka/South Bend/Notre Dame and approximately 2 hours to Chicago. Schedule your private showing today.

Details

Property type

Single Family Residence

Est. home value

$381,074

Lot size

0.41 acres

Price per sq ft

$407

Year built

1900

Annual property taxes

$3,780.46

Price History

01/24/2025
Realcomp

Realcomp #69025002884

Listed
$539,900
+61.16%
12/17/2021
Realcomp

Realcomp #69021110758

Sold
$335,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Dowagiac Union

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

$477,833
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$18,875
Cash to seller
$477,833

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

Seller’s Loan History

Lender

United Fcu

Loan start date

April 2022

Original loan amount

$25,000

Est. remaining balance

$18,875

Interest rate

3.09%

Loan type

Not Provided, 10 year

Seller

Richard Thomas Hier and Mika Lakovic Hler

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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53027 Twin Lakes Rd, Dowagiac, MI 49047

Status: Active

Tomo last checked: 02/02/2025 at 5:00 AM

Listing updated: 02/01/2025 at 1:14 PM

Listed by: Shelly Myers, @properties Christie's Intl RE Phone #: (269) 281-0392

MLS: Realcomp #69025002884

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