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$294,990

Beds
2
Baths
1.5
sq ft
1,208

742 Watersedge Dr, Ann Arbor, MI 48105

742 Watersedge Dr

Ann Arbor, MI 48105

  • 15 days on market
    • Price drop $4,910↓
    • Open house Jun 29
Welcome to this stunning Geddes Lake condo, a perfect blend of low-maintenance living. This charming two-story unit boasts an open floor plan, beginning with a kitchen featuring white cabinets and a wrap-around countertop, ideal for those who love cooking and baking. The adjacent dining area seamlessly transitions into a spacious living room, highlighted by a large sliding door that opens to a private, fenced patio. Upstairs, the condo offers two generously sized bedrooms, both with ample closet space, and a full hall bath. The updated courtyard-style floor plan includes recent enhancements such as fresh interior paint. . Additional improvements encompass updated lighting, a modernized first-floor half bath, and ceramic tile flooring.This beautiful condo provides a peaceful and convenient lifestyle, combining contemporary updates with a tranquil setting. Enjoy the best of both worlds in this delightful Geddes Lake home.

Details

Property type

Condominium

Est. home value

$273,442

Lot size

Unknown

Price per sq ft

$245

Year built

1976

Annual property taxes

$6,005

Monthly HOA fee

$367

Price History

06/28/2024
Realcomp

Realcomp #81024030002

Price change
$294,990
-1.64%
06/13/2024
Realcomp

Realcomp #81024030002

Listed
$299,900
+26.01%
09/29/2022
Realcomp

Realcomp #543290385

Sold
$238,000
+6.49%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Tennis Court(s)

School district: 

Ann Arbor

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

$50,728
Asking price
$294,990
Closing costs (~8% of asking)
-$23,599
Est. remaining loan balance
-$220,663
Cash to seller
$50,728

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

September 2022

Original loan amount

$226,100

Est. remaining balance

$220,663

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

Amol Sonaje and Asmita A Sonaje

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: 06/28/2024 at 7:50 PM

Listing updated: 06/28/2024 at 10:33 AM

Listed by: Imran Lateef, Phone #: (734) 926-9444

MLS: Realcomp #81024030002

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