tomo logo

$225,000

Beds
3
Baths
2.0
sq ft
1,175

8277 Peninsula Dr, Stanwood, MI 49346

8277 Peninsula Dr

Morton Twp, MI 49346

  • 25 days on market
Picture yourself waking up in the spacious primary bedroom of this Canadian Lakes home, ready to embrace the potential of your next adventure. With an open-concept floor plan, a natural gas stone fireplace that adds warmth and charm, and a large deck off the dining room perfect for evening relaxation, this home offers a solid foundation to make it truly your own. The oversized two car garage and basement provide ample storage, and with the addition of an egress window, there's even potential for a fourth bedroom downstairs.While this home does need some updates, it's a rare opportunity to invest in a property where you can create the perfect blend of personal touches and modern functionality. Located just a short distance from boat docking, tennis courts, parks, and beaches, you'llfind yourself in a community that feels like a year-round retreat. Golf on two private courses, take a dip in the pool, or hit the fitness center, all included in your dues. This home invites you to roll up your sleeves and envision the possibilities, turning a great value into a dream home nestled in the heart of Canadian Lakes.

Details

Property type

Single Family Residence

Est. home value

$225,908

Lot size

0.44 acres

Price per sq ft

$192

Year built

1980

Annual property taxes

$2,090.71

Monthly HOA fee

$68.75

Price History

11/27/2024
Realcomp

Realcomp #65024061188

Listed
$225,000
+63.04%
10/16/2020
Realcomp

Realcomp #72020030255

Sold
$138,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Tennis Court(s)

School district: 

Chippewa Hills

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

Department Of Housing & Urban Dev

Loan start date

August 2022

Original loan amount

$33,587

Est. remaining balance

$33,052

Interest rate

5.78%

Loan type

Not Provided, 40 year

Seller

Jack Peterman and Renee Peterman

Lender

Mortgage 1 Inc

Loan start date

October 2020

Original loan amount

$135,500

Est. remaining balance

$122,964

Interest rate

2.91%

Loan type

FHA, 30 year

Seller

Renee Lynne Peterman and Jackie Ray Peterman Jr

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: 12/23/2024 at 9:20 AM

Listing updated: 12/03/2024 at 11:08 AM

Listed by: Lisa M Thomas, Polaris Real Estate LLC Phone #: (616) 988-6940

MLS: Realcomp #65024061188

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