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$212,900

Beds
3
Baths
2.5
sq ft
1,169

7014 Colonial Oaks Dr, Waterford, MI 48327

7014 Colonial Oaks Dr

Waterford Twp, MI 48327

  • 126 days on market
    • Price drop $5,100↓
REDUCED1 REDUCED! A great purchase at this Price! Step into this 3 bedroom 2.1 bath condo located in Colonial Oaks Community in the heart of Waterford close to former OCC Highland Lake Campus. Walkout lower level with private bathroom currently used as bedroom could be Family Room, or In Law quarters or teen quarters with door wall to patio and scenic views. Main level Living Room with door wall to deck for relaxation at the end of the day with a private wooded setting. Home is close to golfing, parks, dining, shopping and lakes. All appliances included in sale including the refrigerator in garage.

Details

Property type

Condominium

Est. home value

$200,102

Lot size

Unknown

Price per sq ft

$183

Year built

1993

Annual property taxes

$2,218

Monthly HOA fee

$250

Price History

10/13/2024
Realcomp

Realcomp #20240046871

Price change
$212,900
-2.34%
10/02/2024
Realcomp

Realcomp #20240046871

Price change
$218,000
-0.46%
09/25/2024
Realcomp

Realcomp #20240046871

Price change
$219,000
-0.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$91,669
Asking price
$212,900
Closing costs (~8% of asking)
-$17,032
Est. remaining loan balance
-$104,199
Cash to seller
$91,669

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

February 2024

Original loan amount

$105,000

Est. remaining balance

$104,199

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Donna L Spring

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: 11/05/2024 at 4:20 AM

Listing updated: 10/14/2024 at 7:06 AM

Listed by: Karen Helland, Signature Sotheby's International Realty Bham Phone #: (248) 644-7000

MLS: Realcomp #20240046871

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