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$450,000

Beds
3
Baths
1.5
sq ft
1,318

7265 Andersonville Rd, Clarkston, MI 48346

7265 Andersonville Rd

Independence Twp, MI 48346

  • 67 days on market
    • Price drop $19,420↓
Charming 3-Bed, 1.1-Bath furnished Lake front Airbnb on All-Sports Lotus Lake – This beautifully maintained lakefront home offers the perfect blend of relaxation and investment opportunity. Nestled on the shores of **All Sports Lotus Lake**, this 3-bedroom, 1.1-bath retreat boasts over **50 feet of lake frontage**, perfect for water sports, fishing, and sunset cruises. With **sunrise and sunset views** from the south-facing yard, this is an unbeatable spot for serene mornings and breathtaking evenings. Inside, the home features a **newer roof**, a **recently updated bathroom**, and a **brand-new air conditioner**, ensuring comfort and peace of mind. The **primary bedroom** and **living room** offer panoramic views of the lake, with additional stunning vistas from the **covered deck**, making it the ideal spot to relax or entertain guests year-round. For investors, this property is a **proven income generator**. In 2023, the home earned **$55,000** in Airbnb rentals, with an additional **$12,000** from pontoon boat rentals, making it a lucrative asset with immediate returns. Whether you're looking for a vacation getaway or an investment opportunity, this lakefront gem delivers both. Experience lakeside living at its finest while maximizing your investment potential!

Details

Property type

Single Family Residence

Est. home value

$370,001

Lot size

6,970 sq ft

Price per sq ft

$342

Year built

1920

Annual property taxes

$6,979

Price History

10/25/2024
Realcomp

Realcomp #20240069469

Price change
$450,000
-4.14%
10/11/2024
Realcomp

Realcomp #20240069469

Price change
$469,420
-1.15%
10/07/2024
Realcomp

Realcomp #20240069469

Price change
$474,900
-1.04%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Clarkston

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

$300,565
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$113,435
Cash to seller
$300,565

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

October 2012

Original loan amount

$157,500

Est. remaining balance

$113,435

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Jack H Spitza Iii

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: 11/23/2024 at 12:05 AM

Listing updated: 10/26/2024 at 9:10 AM

Listed by: Dylan Tent, Signature Sotheby's International Realty Nvl Phone #: (248) 378-1000

MLS: Realcomp #20240069469

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