tomo logo

$625,000

Beds
3
Baths
3.0
sq ft
2,230

91859 M 40, Marcellus, MI 49067

91859 M 40

Porter Twp, MI 49067

  • 38 days on market
Amazing Lake Home with an stunning view! Sandy bottom, cement seawall, lakeside patio and outdoor shower. Yard is terraced with sprinkler system. Open floor plan with cathedral ceilings, loft, tons of windows prividing the home with natural lighting. Island kit bar and a gas log fireplace. Appliances are included. Walkout level features a large family rec center with second kitchen and a full bath plus 2nd laundry area. Two stairways that service the upper level and offers a large suite and large seating area to enjoy the fantastic view of the lake. This home is in excellent condition and looks new. Only 10 minutes to Paw Paw and about an hour and a half to Chicago. Home has hookup for a generator.

Details

Property type

Single Family Residence

Est. home value

$535,440

Lot size

7,841 sq ft

Price per sq ft

$281

Year built

2003

Annual property taxes

$8,112

Price History

08/09/2024
Realcomp

Realcomp #65024041554

Listed
$625,000
+56.25%
06/24/2022
Realcomp

Realcomp #69022013596

Sold
$400,000
+19.4%
08/07/2017
Realcomp

Realcomp #66017014878

Sold
$335,000
-4.29%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lawton

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

$235,335
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$339,665
Cash to seller
$235,335

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

June 2022

Original loan amount

$380,000

Est. remaining balance

$339,665

Interest rate

4.52%

Loan type

New Conventional, 15 year

Seller

Bryce Austin Davis

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: 09/16/2024 at 3:05 PM

Listing updated: 08/10/2024 at 4:33 PM

Listed by: David R Baker, Key Realty Phone #: (616) 202-1247

MLS: Realcomp #65024041554

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