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$199,900

Beds
2
Baths
1.0
sq ft
696

9027 S Carter Ave, Baldwin, MI 49304

9027 S Carter Ave

Lake Twp, MI 49304

  • 48 days on market
    • Price drop $9,100↓
Have you been looking for lakefront property without being stacked up on neighbors? Look no further as this one of a kind cottage sits on 2.5 acres and enjoys 300ft of your very own beautiful frontage on Silver Lake, also known as Shonenya Lake. This is a private lake, but is apart of the Chain-O-Lakes which gives you access to three other lakes that are all-sports. The cottage is very solid and clean and the views off both back porches are breathtaking. The spacious property is suited perfectly to invite the whole family to camp out in the yard, which features a separate septic hookup in the front and a slab with a well and electrical hook up in the side yard. Your storage needs are met with the 32x24 pole barn and a 15x24 enclosed lean to off the back, a 30x21 carport, and a 12x10 shed.Don't be worried when the big storm hits as there is a generator hookup in the pole barn that restores power in the home, shed and pole barn. Air conditioning, new steel roofing throughout, and thousands of acres of surrounding state land and riding trails are a few more features of this little slice of paradise. Bring your boat, ORV and other toys and start enjoying life at the lake. There is a TON to be appreciated with this one, come check it out for yourself!

Details

Property type

Single Family Residence

Est. home value

$215,136

Lot size

2.50 acres

Price per sq ft

$288

Year built

1960

Annual property taxes

$1,109.65

Price History

09/04/2024
Realcomp

Realcomp #72024038671

Price change
$199,900
-4.35%
08/19/2024
Realcomp

Realcomp #72024038671

Price change
$209,000
-2.79%
07/26/2024
Realcomp

Realcomp #72024038671

Listed
$215,000
+0.05%

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

$130,550
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$53,358
Cash to seller
$130,550

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

Seller’s Loan History

Lender

Member First Mortgage, Llc

Loan start date

December 2007

Original loan amount

$80,000

Est. remaining balance

$53,358

Interest rate

6.24%

Loan type

Not Provided, 30 year

Seller

Margie Peck and Terry Peck

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: 09/13/2024 at 10:40 AM

Listing updated: 09/04/2024 at 9:41 PM

Listed by: Quinton Tyson, RE/MAX TOGETHER Phone #: (231) 629-4100

MLS: Realcomp #72024038671

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