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$550,000

Beds
3
Baths
2.5
sq ft
1,690

604 Gaffney, Highland, MI 48356

604 Gaffney

Highland Twp, MI 48356

  • 21 days on market
Looking for 5 acres on a lake? You've found it! This home truly has everything that you are looking for in a lake home. Beginning with the floor plan, you will not find any wasted space. With 3 bedrooms, one on the main level with the lake view, full dining room to easily seat 8 people, open updated kitchen, living room with an amazing view of the water, a large flex room that could be a large home office or a family room, main floor laundry and a 2.5 car garage. When you come to see this home, take a few minutes to sit on the large, comfy, covered back porch and take in the peace, quiet and the lake view. This lake is perfect for kayaking, paddle boarding or cruising around with a trolling motor. This home has also been massively updated. There are too many updates to list in these comments, but as you scroll through the photos, you will find the Feature Sheet listing all of the dozens of updates and improvements to this home. You don't find a home like this very often. This is one you really need to see to appreciate.

Details

Property type

Single Family Residence

Est. home value

$362,899

Lot size

5.00 acres

Price per sq ft

$326

Year built

1989

Annual property taxes

$2,993

Price History

08/22/2024
Realcomp

Realcomp #20240062766

Listed
$550,000
+120.97%
06/10/2015
Realcomp

Realcomp #215059060

Sold
$248,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Huron Valley

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

$303,028
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$202,972
Cash to seller
$303,028

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

May 2015

Original loan amount

$253,979

Est. remaining balance

$202,972

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

Andrew Sutton and Brenda Sutton

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: 09/13/2024 at 7:05 AM

Listing updated: 08/23/2024 at 10:23 AM

Listed by: Bryan E Gutierrez, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240062766

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