tomo logo

$174,900

Beds
2
Baths
1.0
sq ft
616

725 Camilla Blvd, Lake Orion, MI 48362

725 Camilla Blvd

Orion Twp, MI 48362

  • 55 days on market
    • Price drop $10,100↓
Nestled in a tranquil setting, this cozy cottage offers a perfect blend of comfort and charm. It promises a serene retreat whether as a full-time residence or a weekend escape. The kitchen is fully equipped with dishwasher and oven/range. Dining and living room connected overlooking the covered front porch. Perfect spot for your morning coffee or evening cocktail. Walking distance to Bunny Run CC, downtown shops and restaurants. Updates throughout including: freshly painted, new carpet in bedrooms, painted bathroom tile, roof, windows, insulation, drywall, hot water heater (2023), new well in 2018 (chlorinated in 2023) and professional crawlspace water proofing (2023). Included with the sale is the adjacent lot. Outdoor shed for extra storage included. Two tax ID's: 0901232029 (property) & 0901232036 (vacant lot).

Details

Property type

Single Family Residence

Est. home value

$156,372

Lot size

0.26 acres

Price per sq ft

$284

Year built

1929

Annual property taxes

$1,999

Price History

12/04/2024
Realcomp

Realcomp #20240081505

Price change
$174,900
-5.46%
11/18/2024
Realcomp

Realcomp #20240081505

Price change
$185,000
-2.63%
10/28/2024
Realcomp

Realcomp #20240081505

Listed
$190,000
+2.7%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$8,625
Asking price
$174,900
Closing costs (~8% of asking)
-$13,992
Est. remaining loan balance
-$152,283
Cash to seller
$8,625

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

Seller’s Loan History

Lender

First Merchants Bank

Loan start date

May 2023

Original loan amount

$155,200

Est. remaining balance

$152,283

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Karlee White

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: 12/23/2024 at 6:00 AM

Listing updated: 12/04/2024 at 5:10 PM

Listed by: David Fekin, Jim Saros Real Estate Services Phone #: (313) 886-9030

MLS: Realcomp #20240081505

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