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$649,000

Beds
4
Baths
3.0
sq ft
2,495

9065 Shannon Ln, Ellsworth, MI 49729

9065 Shannon Ln

Banks Twp, MI 49729

  • 4 days on market
Welcome to Northern Michigan! This expansive home sits on 10 acres, offering stunning Lake Michigan views and shared access to Lake Michigan through the HOA. With recent renovations throughout, this home beautifully blends modern updates with cozy comfort. The spacious layout a main floor master suite, providing a perfect sanctuary for relaxation, along with the convenience of main floor laundry. Enjoy endless opportunities for outdoor living with a large pole barn-ideal for storage, workshops, or recreational use-and the vast surrounding property, perfect for exploring or simply soaking in the tranquility. Located just a short drive from Charlevoix, Bellaire, Petoskey, and Traverse City, this home is ideally positioned for enjoying all that Northern Michigan has to offer. Experience the ultimate combination of privacy, space, and accessibility in this unique and charming property.

Details

Property type

Single Family Residence

Est. home value

$573,853

Lot size

10.37 acres

Price per sq ft

$261

Year built

1973

Price History

11/01/2024
Realcomp

Realcomp #78080052121

Listed
$649,000
+31.11%
10/05/2021
Realcomp

Realcomp #78001209106

Sold
$495,000
+200%
07/12/2016
Realcomp

Realcomp #78001159523

Sold
$165,000
-1.2%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ellsworth

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

$463,674
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$133,406
Cash to seller
$463,674

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

Seller’s Loan History

Lender

Mers

Loan start date

July 2013

Original loan amount

$178,040

Est. remaining balance

$133,406

Interest rate

3.81%

Loan type

Not Provided, 30 year

Seller

Justin R Randall and Justin Robert Randall

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?

Status: Active

Tomo last checked: 11/05/2024 at 8:40 PM

Listing updated: 11/04/2024 at 6:35 AM

Listed by: Kaitlyn Barry, Phone #: (231) 313-0761

MLS: Realcomp #78080052121

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