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$2,695,000

Beds
6
Baths
6.0
sq ft
7,235

663 Tuttle Rd, Union City, MI 49094

663 Tuttle Rd

Union Twp, MI 49094

  • 218 days on market
SERENITY ESTATE - This gated estate boasts 25 acres of rolling hills & wooded countryside with over 1,500 ft of private lake frontage on all sports Union Lake. A manicured winding drive leads to this magnificent estate featuring over 9,500 sq ft - 6 bedrooms & 7 baths. 4 fireplaces. Chefs Kitchen with high end appliances. Main floor Primary Suite with private bath & large walk-in closets. Indoor saltwater pool with waterfalls & slide - built at a cost of over $1.7M. Walkout lower level with kitchenette. Whole House Generator. Brazilian Cherry Hardwood floor throughout. A collector's dream with 3 large outbuildings. Southern exposure with breath taking views. Walking paths to waters edge. Loads of wildlife...Home professionally appraised for $3.2M. Currently used as a VRBO for personal & corporate retreats generating over $400k in 2023. Incredible opportunity with much more potential. Additional Adjacent property at 697 Tuttle with 12 acres is available MLS: 24022348 Call LA for more information!

Details

Property type

Single Family Residence

Est. home value

$1,611,224

Lot size

24.70 acres

Price per sq ft

$373

Year built

2002

Annual property taxes

$47,665

Price History

02/14/2024
Realcomp

Realcomp #65024007527

Listed
$2,695,000
+35.09%
04/26/2022
Realcomp

Realcomp #65022008963

Sold
$1,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Union 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

-$15,414,198
Asking price
$2,695,000
Closing costs (~8% of asking)
-$215,600
Est. remaining loan balance
-$17,893,598
Cash to seller
-$15,414,198

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

Seller’s Loan History

Lender

Farm Credit Mid America Flca

Loan start date

August 2022

Original loan amount

$19,840,000

Est. remaining balance

$17,893,598

Interest rate

4.45%

Loan type

Not Provided, 15 year

Seller

Gkmm Properties Llc

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: 09/19/2024 at 3:20 PM

Listing updated: 09/03/2024 at 5:41 PM

Listed by: John J Postma, RE/MAX of Grand Rapids (FH) Phone #: (616) 957-0700

MLS: Realcomp #65024007527

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