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$150,000

Beds
2
Baths
1.0
sq ft
990

7706 Lake Ridge Dr, Waterford, MI 48327

7706 Lake Ridge Dr

Waterford Twp, MI 48327

  • Pending
Hard to find upper ranch condo tastefully painted t/o, features include open floor plan w cathedral ceilings in great room with cute balcony, kitchen with white cabinets, cool backsplash and all the appliances are included. Adjoining dining room. Large laundry room with plenty of storage space. 2 large bedrooms, primary suite with wic, nicely done bath. 1 car attached garage. Affordable condo is a great alternative to leasing.

Details

Property type

Condominium

Est. home value

$157,003

Lot size

Unknown

Price per sq ft

$152

Year built

1988

Annual property taxes

$2,253

Monthly HOA fee

$254

Price History

10/31/2024
Realcomp

Realcomp #20240060884

Pending
$150,000
10/23/2024
Realcomp

Realcomp #20240060884

Listed
$150,000
10/13/2024
Realcomp

Realcomp #20240060884

Pending
$150,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$23,105
Asking price
$150,000
Closing costs (~8% of asking)
-$12,000
Est. remaining loan balance
-$114,895
Cash to seller
$23,105

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

November 2021

Original loan amount

$122,735

Est. remaining balance

$114,895

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Mary Szydzik

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?

Similar Homes Nearby

Sold
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$52,900
2 bd
|
1 ba
|
528 sq ft
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House

880 Round Lake Rd, White Lake, MI 48386

Status: Pending/Under Contract

Tomo last checked: 11/05/2024 at 6:10 PM

Listing updated: 10/31/2024 at 11:50 AM

Listed by: Paul G Mruk, RE/MAX Classic Phone #: (248) 348-3000

MLS: Realcomp #20240060884

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