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$550,000

Beds
4
Baths
3.5
sq ft
2,889

7657 Margaret Ln, Allendale, MI 49401

7657 Margaret Ln

AllendaleCharterTownship_Ottawa, MI 49401

  • 12 days on market
Beautifully updated 4 bedroom and 4 bath home in Danenberg Estates. Sitting on 1 acre of peaceful wooded land this home has it all! Master suite with walk in shower, Main Level Laundry, panoramic natural gas fireplace, Large Deck that wraps around to the front, and Large 2nd Family Room in the basement. 3 beds and 2 full baths on the main floor with 4th bedroom and 3rd full bath in the basement which has a full Tile Walk In Shower. Large storage area and mechanical room. Paved Private Drive. Home is just before cul-de-sac!

Details

Property type

Single Family Residence

Est. home value

$456,398

Lot size

1.02 acres

Price per sq ft

$191

Year built

2002

Annual property taxes

$9,141

Monthly HOA fee

$25

Price History

03/24/2025
Realcomp

Realcomp #65025010954

Listed
$550,000
+4.76%
08/06/2024
Realcomp

Realcomp #65024040061

Removed
$525,000
08/02/2024
Realcomp

Realcomp #65024040061

Listed
$525,000
+19.32%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Allendale

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

$115,388
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$390,612
Cash to seller
$115,388

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

June 2022

Original loan amount

$408,500

Est. remaining balance

$390,612

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Gunnar Meyering and Jennifer Meyering

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?

Status: Active

Tomo last checked: 04/03/2025 at 11:55 AM

Listing updated: 03/31/2025 at 11:01 AM

Listed by: Fritz P Ball, EXP Realty LLC Phone #: (269) 600-4397

MLS: Realcomp #65025010954

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