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$750,000

Beds
4
Baths
1.0
sq ft
1,416

9300 Head O Lake Rd, Ottawa Lake, MI 49267

9300 Head O Lake Rd

Whiteford Twp, MI 49267

  • 16 days on market
This property is a true gem, featuring a mechanic’s dream garage measuring 57x30, complete with a workroom, office or mudroom, and rafter storage. Situated on a stunning 20-acre farm, it is fully solar-powered, offering energy efficiency and the opportunity to earn money back from Consumer Power for excess usage. The property includes 12 horse stalls, 8 indoor/outdoor kennels, and 7 wooded acres perfect for hunting or generating income from timber. With well water, there are no water or sewage bills, and reliable Frontier Unlimited Internet is available for just $40 per month. The home boasts a spacious kitchen as large as a two-car garage, with appliances included, and new flooring throughout most rooms except the carpeted master bedroom. Conveniently located within an hour of major football stadiums such as TU, BGSU, MSU, and UofM, as well as Detroit Metro Airport, this property is ideal for hobbyists, nature enthusiasts, and anyone seeking a self-sufficient lifestyle in a beautiful rural setting

Details

Property type

Single Family Residence

Est. home value

$397,981

Lot size

20.00 acres

Price per sq ft

$530

Year built

1979

Annual property taxes

$3,657

Price History

01/05/2025
Realcomp

Realcomp #20250000831

Listed
$750,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Whiteford

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

$411,411
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$278,589
Cash to seller
$411,411

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

Seller’s Loan History

Lender

The Federal Savings Bank

Loan start date

July 2023

Original loan amount

$282,955

Est. remaining balance

$278,589

Interest rate

6.71%

Loan type

VA, 30 year

Seller

George J Lada and Dawn L Lada

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: 01/22/2025 at 11:00 PM

Listing updated: 01/10/2025 at 6:05 AM

Listed by: Harry M Lee, EXP Z Real Estate Phone #: (248) 937-1337

MLS: Realcomp #20250000831

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