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$165,000

Beds
1
Baths
1.0
sq ft
800

59922 Walters Trl, Colon, MI 49040

59922 Walters Trl

Colon Twp, MI 49040

  • <1 day on market
Sweet Summer Cottage on the channel between Long Lake & Palmer Lake that could also be a year round home if desired. You'll enjoy watching the sunsets and the wildlife sitting on your wrap around deck or being cozy inside by the fireplace. The main level includes the kitchen, dining area and living room, all open with lots of windows to view the water and wildlife. The home includes newer appliances, furnace and water heater. This company makes no warranty or representations about the contents of this data including room sizes & sq. footage. It is the responsibility of the parties looking at the property to satisfy themselves as to the accuracy of this information. Taxes were obtained from the local assessor & the taxes could change for the buyer after a closed transaction

Details

Property type

Single Family Residence

Est. home value

$211,921

Lot size

9,583 sq ft

Price per sq ft

$207

Year built

1977

Annual property taxes

$2,410

Price History

03/13/2025
Realcomp

Realcomp #62025009437

Listed
$165,000
+77.42%
01/29/2016
Realcomp

Realcomp #55021062626

Sold
$93,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Colon

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

$77,856
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$73,944
Cash to seller
$77,856

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

January 2016

Original loan amount

$91,315

Est. remaining balance

$73,944

Interest rate

3.95%

Loan type

FHA, 30 year

Seller

Herbert F Tiedemann Jr and Kelly D Tiedemann

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?

Status: Active

Tomo last checked: 03/14/2025 at 11:10 AM

Listing updated: 03/13/2025 at 3:09 PM

Listed by: Valerie Proctor, Century 21 Drews Realty Phone #: (517) 279-8900

MLS: Realcomp #62025009437

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