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$250,000

Beds
5
Baths
2.0
sq ft
1,575

9471 Pontiac Lake Rd, White Lake, MI 48386

9471 Pontiac Lake Rd

White Lake Twp, MI 48386

  • 4 days on market
    • Open house Oct 05
Open House Saturday October 5th from 10am to noon! Across the street from Pontiac Lake and bordering a large pond, this charming bungalow is a fantastic combination of functionality and price, while providing lots of space for a future family to use both inside and out! Over 2.7 acres of space will allow the future owner to design the perfect outdoor space. Already featuring a large driveway and 2 car garage, there's plenty of parking and storage with lots of room for outdoor activities or even building a barn, garden, or more! The home itself comes with 5 bedrooms (3 upstairs and 2 downstairs) allowing a large family to be comfortable or giving plenty of room for guests or even an office. Don't worry about the family fighting over just one bathroom either, since there's two full bathrooms! The main floor features a centralized living and dining space with beautiful coved ceilings and brings a semi open design. Some new updates to the kitchen include the LVP flooring, stainless steel appliances, and open shelving. A new waterproofing system is being added to the basement, allowing buyers more opportunities to create a finished basement space or do additional entertaining coupled with the walk out access.

Details

Property type

Single Family Residence

Est. home value

$315,811

Lot size

2.73 acres

Price per sq ft

$159

Year built

1933

Annual property taxes

$3,240

Price History

09/30/2024
Realcomp

Realcomp #20240073687

Listed
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$123,584
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$106,416
Cash to seller
$123,584

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

Seller’s Loan History

Lender

Mb Financial Bank Na

Loan start date

February 2017

Original loan amount

$125,000

Est. remaining balance

$106,416

Interest rate

4.2%

Loan type

New Conventional, 30 year

Seller

Mark E Tomes Ii and Diana C Tomes

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: 10/05/2024 at 12:30 AM

Listing updated: 10/04/2024 at 12:41 PM

Listed by: Timothy Moore, Zest Realty LLC Phone #: (248) 270-8238

MLS: Realcomp #20240073687

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