tomo logo

$324,999

Beds
3
Baths
2.0
sq ft
2,262

6095 N Lake Rd, Otter Lake, MI 48464

6095 N Lake Rd

Marathon Twp, MI 48464

  • 58 days on market
    • Price drop $14,001↓
Welcome to this beautiful 3 bedroom, 2 bath home in Otter Lake! With spacious bedrooms, roomy living spaces, and a bright, open kitchen, this one won't last. 2 acres of land with beautiful sunrises and a 50x50 garden, you have the peace and tranquility of the country with the comforts of town a short drive away. New roof in 2020, new bladder tank, well pump, water softener, hot water heater, all new appliances with warranty. New front deck and stairs. Oversize 3 car garage with plenty of room for your toys. Seller will look at ALL offers, bring yours today!!

Details

Property type

Single Family Residence

Est. home value

$314,285

Lot size

2.01 acres

Price per sq ft

$144

Year built

2000

Annual property taxes

$3,452

Price History

12/18/2024
Realcomp

Realcomp #20240080894

Price change
$324,999
-4.13%
12/06/2024
Realcomp

Realcomp #20240080894

Price change
$339,000
-2.87%
11/14/2024
Realcomp

Realcomp #20240080894

Price change
$349,000
-2.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lakeville

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

$69,862
Asking price
$324,999
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$229,137
Cash to seller
$69,862

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

Seller’s Loan History

Lender

Michigan Schools & Government Cu

Loan start date

August 2021

Original loan amount

$247,000

Est. remaining balance

$229,137

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Laura York

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?

Similar Homes Nearby

Price drop
Realcomp
$317,900
3 bd
|
2.5 ba
|
2,174 sq ft
|
House

10042 Hunt Ct, Davison, MI 48423

Price drop
Realcomp
$339,900
3 bd
|
2 ba
|
1,620 sq ft
|
House

5735 Birch Run Rd, Millington, MI 48746

Status: Active

Tomo last checked: 12/23/2024 at 9:55 AM

Listing updated: 12/18/2024 at 8:25 AM

Listed by: Bradley LaBrie, Keller Williams First Phone #: (810) 515-1503

MLS: Realcomp #20240080894

Realcomp logo

Recently listed in Marathon Twp