tomo logo

$1,099,000

Beds
7
Baths
5.0
sq ft
3,654

7140 Holiday Dr, Stanwood, MI 49346

7140 Holiday Dr

Morton Twp, MI 49346

  • 110 days on market
    • Price drop $51,000↓
PRICE REDUCED. Indulge in waterfront luxury with this stunning 2018-built home boasting a prime sandy beachfront. The entry and living room are impressive with vaulted ceilings and awesome views with the virtual floor to ceiling windows! Elegantly designed for comfort, the main floor living features a lavish ensuite. No expense was spared in construction, evident in the custom cabinets, granite counters, and high-end finishes throughout. Extras include an outdoor shower, whole house generator, and a 3-car garage with EV unit. This home was designed for efficient living with all you will need on the main floor, but also has all of the dedicated spaces for your family and friends! The landscaping is impressive and makes outdoor living nice.Located in the heart of Canadian Lakes and west/central Michigan

Details

Property type

Single Family Residence

Est. home value

$790,673

Lot size

0.46 acres

Price per sq ft

$301

Year built

2019

Annual property taxes

$7,801

Monthly HOA fee

$69.75

Price History

08/17/2024
Realcomp

Realcomp #72024027504

Price change
$1,099,000
-4.43%
06/01/2024
Realcomp

Realcomp #72024027504

Listed
$1,150,000
+1454.05%
10/03/2017
Realcomp

Realcomp #72017009563

Sold
$74,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Tennis Court(s)

School district: 

Chippewa Hills

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

$785,830
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$225,250
Cash to seller
$785,830

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2019

Original loan amount

$250,000

Est. remaining balance

$225,250

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Nawar Zoma and Taghrid Zoma

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
$1,150,000
5 bd
|
4.5 ba
|
2,634 sq ft
|
House

10387 E Royal Rd Unit 07, Stanwood, MI 49346

Status: Active

Tomo last checked: 09/19/2024 at 6:10 AM

Listing updated: 08/17/2024 at 6:53 PM

Listed by: Chip Issette, Century 21 White House Realty Phone #: (231) 972-7676

MLS: Realcomp #72024027504

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