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$800,000

Beds
4
Baths
3.0
sq ft
2,100

7558 Timberline St NE, Kalkaska, MI 49646

7558 Timberline St NE

Cold Springs Twp, MI 49646

  • 120 days on market
    • Price drop $50,000↓
Unlock the potential of this exquisite 4-bedroom, 3-bathroom private lakefront home nestled along the shores of Manistee Lake. Boasting 50 feet of pristine waterfront, this 2100 sq ft retreat offers unparalleled views and a seamless blend of luxury and nature. Immerse yourself in the serenity of lakeside living, where every room is a haven of comfort and style. Both second-floor bedrooms feature private bathrooms, adding an extra touch of convenience and privacy. The home has been completely remodeled from bottom to top, featuring new roofing, siding, windows, appliances, furnace, and hot water heater. With short-term rental potential, this property becomes not only a personal haven but also a lucrative investment. Your dream lakefront lifestyle and rental income await - welcome home to your 50 ft private sanctuary on Manistee Lake!!

Details

Property type

Single Family Residence

Est. home value

$385,878

Lot size

0.35 acres

Price per sq ft

$381

Year built

1960

Price History

10/21/2024
Realcomp

Realcomp #78080047975

Price change
$800,000
-5.88%
07/08/2024
Realcomp

Realcomp #78080047975

Listed
$850,000
05/25/2024
Realcomp

Realcomp #78080013225

Removed
$850,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kalkaska

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

Hall Financial Group

Loan start date

December 2022

Original loan amount

$257,800

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Nancy G Hope and John R Hope

Lender

Forest Area Federal Credit Union

Loan start date

September 2021

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

2.78%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

John R Hope and Nancy G Hope

Lender

Blg Holdings Inc

Loan start date

November 2015

Original loan amount

$130,500

Est. remaining balance

$105,926

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

John R Hope and Nancy G Hope

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: 11/05/2024 at 2:40 PM

Listing updated: 10/24/2024 at 7:05 AM

Listed by: Frank Franco, Phone #: (231) 258-8046

MLS: Realcomp #78080047975

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