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$524,900

Beds
4
Baths
2.0
sq ft
1,900

8866 W Isle Park Dr, Irons, MI 49644

8866 W Isle Park Dr

Elk Twp, MI 49644

  • 107 days on market
    • Price drop $24,100↓
This updated 4 Bedroom, 2 Bathroom cottage is located on Big Bass Lake. The open floor plan and high ceilings give this 1900 sq. ft. home a spacious and open feeling even when accommodating many guests. Dual zone central heating and air conditioning provides comfort year round. Upper Living area and Lower Living area are separated by a custom oar railing. Large Kitchen features stainless steel appliances and granite countertops. Large detached garage, spacious yard with deck overlooking Bass Lake. Deeded access to sandy beach swimming area shared with 4 other neighbors. Front and Rear Dock. All Furnishings and Housewares included in sale. Property has operated as vacation rental since 2016 with extensive rental history. 2022/2023 financial statements available to prequalified buyers.

Details

Property type

Single Family Residence

Est. home value

$138,979

Lot size

0.45 acres

Price per sq ft

$277

Year built

1975

HOA fee

$200

Price History

11/22/2024
Realcomp

Realcomp #67024047063

Price change
$524,900
-4.39%
09/06/2024
Realcomp

Realcomp #67024047063

Listed
$549,000
+998%
11/30/2015
Realcomp

Realcomp #67015055464

Sold
$50,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Baldwin

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

$358,032
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$124,876
Cash to seller
$358,032

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

Seller’s Loan History

Lender

Home Loan Center Inc Dba Lending Tree Lo

Loan start date

October 2006

Original loan amount

$200,000

Est. remaining balance

$124,876

Interest rate

6.48%

Loan type

Not Provided, 30 year

Seller

Philip G Vanvleet Sr and Marilyn D Vanvleet

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 8:25 AM

Listing updated: 11/22/2024 at 3:20 PM

Listed by: Alicia Cook, Big River Properties Phone #: (231) 266-8288

MLS: Realcomp #67024047063

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