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$168,690Estimated home value

Beds
3
Baths
1.0
sq ft
836

7147 N Old Channel Trl Unit 2, Montague, MI 49437

7147 N Old Channel Trl Unit 2

White River Twp, MI 49437

  • Off market
Cottage in condo conversion community, with 12 structures on the site, and shared frontage on Lake Michigan. The property is 8 acres. each owner has an undivided ownership of 1/15th of the total. The owner recommends significant upgrading. A custom builder is available for consultation. Condominium rules require upgrade of electrical and installation of dedicated meter within one year of purchase. The cottage is a residential structure. The condo does allow short term rentals.

Details

Property type

Condominium

Est. home value

$168,690

Lot size

Unknown

Price per sq ft

$389

Year built

1954

Annual property taxes

$1,700

Monthly HOA fee

$70

Price History

08/20/2024
Realcomp

Realcomp #65024010224

Removed
$325,000
03/03/2024
Realcomp

Realcomp #65024010224

Listed
$325,000
+225%
07/06/2018
Realcomp

Realcomp #65018010360

Sold
$100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Montague

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Equity Trust Custodian

Loan start date

July 2018

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.61%

Loan type

Commercial

Seller

Lakeshore Dune Llc

Lender

Mvp Housing Llc

Loan start date

April 2013

Original loan amount

$55,000

Est. remaining balance

Not provided

Interest rate

3.53%

Loan type

Not Provided

Seller

Lakeshore Dune 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: Off Market

Tomo last checked: 10/05/2024 at 9:40 PM

Listing updated: 03/06/2024 at 10:16 AM

Listed by: Stephen J DeKoster, DeKoster, Stephen J. Phone #: (616) 560-3459

MLS: Realcomp #65024010224

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