tomo logo

$690,000

Beds
3
Baths
2.5
sq ft
1,728

7515 Bay Mdw, Stanwood, MI 49346

7515 Bay Mdw

Morton Twp, MI 49346

  • 42 days on market
    • Price drop $35,000↓
Welcome to your serene lakeside retreat! Step into this beautifully renovated home and be greeted by a sense of warmth and modern comfort. The kitchen was completely renovated in 2020 and offers brand new cabinets, tile backsplash, granite countertops, and stainless-steel appliances. Ideally situated on the main Canadian Lake featuring 100 feet of water frontage and situated on a peaceful cul-de-sac, this home provides a private oasis where you can spend every evening watching the breathtaking sunset. Enjoy the beauty of every season from the comfort of the inviting 3 seasons room. Ideal for year-round living or as a weekend getaway, this low-maintenance home is perfect for those seeking to downsize without compromising on quality of life.The large primary suite offers a jacuzzi tub, a toilet closet and spacious walk-in closet. Other updates include freshly painted interior and exterior, as well as brand-new flooring throughout and a new roof as of 2019. As a bonus, the sale includes an extra lot, allowing for up to four watercrafts on Canadian Lakes. Opportunities like this don't present themselves often on Canadian Lakes - schedule your private tour today and start living the lakefront lifestyle you've always dreamed of!

Details

Property type

Single Family Residence

Est. home value

$565,050

Lot size

0.38 acres

Price per sq ft

$400

Year built

1996

Annual property taxes

$5,389

Monthly HOA fee

$69.75

Price History

10/14/2024
Realcomp

Realcomp #72024053837

Price change
$690,000
-4.83%
10/11/2024
Realcomp

Realcomp #72024053837

Listed
$725,000
+5.84%
07/25/2024
Realcomp

Realcomp #65024031385

Sold
$685,000
+0.01%

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

$350,375
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$284,425
Cash to seller
$350,375

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

Seller’s Loan History

Lender

Michigan State University Fcu

Loan start date

June 2020

Original loan amount

$313,875

Est. remaining balance

$284,425

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Ju Yang and Katherine Yang

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: 11/22/2024 at 7:45 PM

Listing updated: 10/14/2024 at 9:10 PM

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

MLS: Realcomp #72024053837

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