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$285,000

Beds
3
Baths
2.5
sq ft
1,677

5939 Scott Dr, Davison, MI 48423

5939 Scott Dr

Elba Twp, MI 48423

  • 58 days on market
    • Price drop $10,000↓
Lakefront home on private all sports potter lake, with a huge lake front lot. This is the perfect home for multiple families to vacation or live. Main floor features kitchen one bedroom, and bath and a half nice kitchen, large dining room and cozy living room with fireplace. Second floor has a kitchen, large living room and dining area, 2 bedrooms and a full bath. Large deck off the second floor living room with beautiful views of the lake. Newer furnaces and one newer central air unit. Some new windows. Home will need carpet and paint. Waterfront features 80ft + on the water with a newer aluminum dock. Beautiful views of the lake and nice fire pit area. Nice side shed for all of your lake toys. Home could also be a great Air B & B if allowed. Buyers agent to verify all info and guidelines.

Details

Property type

Single Family Residence

Est. home value

$260,045

Lot size

0.82 acres

Price per sq ft

$170

Year built

1920

Annual property taxes

$2,550

Price History

10/08/2024
Realcomp

Realcomp #20240067030

Price change
$285,000
-3.39%
09/07/2024
Realcomp

Realcomp #20240067030

Listed
$295,000
+18%
05/10/2023
Realcomp

Realcomp #20230027288

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Davison

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

$102,348
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$159,852
Cash to seller
$102,348

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

Seller’s Loan History

Lender

Cason Home Loans

Loan start date

May 2023

Original loan amount

$162,500

Est. remaining balance

$159,852

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Thomas R Croyle

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 3:30 AM

Listing updated: 10/21/2024 at 3:50 PM

Listed by: Shelley Braxton, Braxton Brokers & Associates Real Estate Phone #: (810) 796-2949

MLS: Realcomp #20240067030

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