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$629,000

Beds
3
Baths
2.5
sq ft
1,450

6309 Summit Ct, Traverse City, MI 49686

6309 Summit Ct

Peninsula Twp, MI 49686

  • 86 days on market
    • Price drop $10,900↓
Welcome to this lovely and private end unit condo nestled in the serene enclave of Port Of Old Mission! This meticulously maintained residence at the base of Old Mission Peninsula offers a harmonious blend of modern comfort and natural beauty. Revel in the luxury of newer hardwood floors, plush carpeting, and sleek stainless steel appliances that adorn the space with contemporary elegance. Entertain effortlessly in the expansive open floor plan, where the panoramic views of lush woods provide a picturesque backdrop for every occasion. Enjoy the tranquility of outdoor living with decking on both levels, offering the perfect retreat for relaxation amidst nature's splendor. Experience the convenience of main floor living, with a designated laundry room located off the kitchen and a cozy fireplace gracing the living room. Venture downstairs to discover a fully finished lower level, boasting a generously sized third bedroom, full bath, and a walk-out family room that extends the living space seamlessly to the outdoors. Embrace a lifestyle of comfort and natural beauty in this exquisite condo, located just minutes from all of the best beaches, parks, wineries, and amenities that Traverse City has to offer!

Details

Property type

Condominium

Est. home value

$442,871

Lot size

Unknown

Price per sq ft

$434

Year built

1987

Annual property taxes

$5,933.72

Monthly HOA fee

$360

Price History

06/27/2024
Realcomp

Realcomp #78080016308

Price change
$629,000
-1.7%
04/09/2024
Realcomp

Realcomp #78080016308

Listed
$639,900
+163.88%
04/27/2015
Realcomp

Realcomp #78001147809

Sold
$242,500
+13.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Traverse City

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

$483,237
Asking price
$629,000
Closing costs (~8% of asking)
-$50,320
Est. remaining loan balance
-$95,443
Cash to seller
$483,237

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

Seller’s Loan History

Lender

Tba Credit Union

Loan start date

May 2013

Original loan amount

$127,800

Est. remaining balance

$95,443

Interest rate

3.57%

Loan type

Not Provided, 30 year

Seller

George I Richards and Ruth Richards

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: 07/04/2024 at 11:55 PM

Listing updated: 07/03/2024 at 4:53 PM

Listed by: Robert Brick, Phone #: (231) 941-4500

MLS: Realcomp #78080016308

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