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$220,000

Beds
3
Baths
3.0
sq ft
1,211

5657 Williams Lake Rd, Waterford, MI 48329

5657 Williams Lake Rd

Waterford Twp, MI 48329

  • Pending
    • Price drop $25,000↓
PRICE IMPROVEMENT!! Looking for a home to build sweat equity? Well this is it! You have Lake Access to All Sports Lake Huntoon (a block away) which features a beach, volleyball courts and a boat launch. This home offers 3 bedrooms, 3 Baths, Finished Basement, Large Fenced in yard with a secondary detached garage for the Lake Toys. Roof in 2013, Furnace, Central Air and Water Heater all new in 2022. Bring your imagination and make this home the Gem it can be. Priced accordingly!

Details

Property type

Single Family Residence

Est. home value

$261,109

Lot size

0.25 acres

Price per sq ft

$182

Year built

1971

Annual property taxes

$4,515

Price History

08/26/2024
Realcomp

Realcomp #20240055264

Pending
$220,000
08/19/2024
Realcomp

Realcomp #20240055264

Price change
$220,000
-10.2%
07/29/2024
Realcomp

Realcomp #20240055264

Listed
$245,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$77,101
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$125,299
Cash to seller
$77,101

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

February 2019

Original loan amount

$139,092

Est. remaining balance

$125,299

Interest rate

4.45%

Loan type

FHA, 30 year

Seller

Kerry Chase

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:50 AM

Listing updated: 08/26/2024 at 6:53 PM

Listed by: April R Seeburger, Prestige Real Estate Group LLC Phone #: (810) 599-7328

MLS: Realcomp #20240055264

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