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$440,000

Beds
4
Baths
3.0
sq ft
2,221

83 N Andrews St, Lake Orion, MI 48362

83 N Andrews St

Lake Orion Vlg, MI 48362

  • Pending
    • Price drop $10,000↓
This charming Completely Renovated 4 bedroom 3 full bath colonial style blends the classic craftsman style with modern amenities. Open floor plan spacious for entertaining great room with loads of natural light and gas fireplace (2023). Luxurious master suite features, cathedral ceilings, WIC customer, huge ceramic shower and double sinks in your updated primary bath. Cedar covered front porch with large backyard on a double lot fully fenced. Ample space for additional garage. Newer vinyl windows, updated utilities (furnace & A/C) Prime location, walking distance to downtown Lake Orion and lake privilege's to top it off . This home is pottery barn style meets restoration hardware magazine worthy. Home has a whole new generator (Generac).

Details

Property type

Single Family Residence

Est. home value

$447,200

Lot size

0.26 acres

Price per sq ft

$199

Year built

1915

Annual property taxes

$6,488

Monthly HOA fee

$2.08

Price History

11/04/2024
Realcomp

Realcomp #20240071489

Pending
$440,000
10/02/2024
Realcomp

Realcomp #20240071489

Price change
$440,000
-2.22%
09/23/2024
Realcomp

Realcomp #20240071489

Listed
$450,000
+68.54%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$142,775
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$262,025
Cash to seller
$142,775

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

Seller’s Loan History

Lender

Somerset Lending Corp

Loan start date

February 2022

Original loan amount

$277,600

Est. remaining balance

$262,025

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Derek R Welch and Lauren R Welch

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 11:20 AM

Listing updated: 11/04/2024 at 11:50 AM

Listed by: Michelle R Zarghami, Berkshire Hathaway HomeServices Kee Realty Phone #: (248) 651-1200

MLS: Realcomp #20240071489

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