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$504,900

Beds
3
Baths
2.5
sq ft
2,634

10022 Otter Dr, South Lyon, MI 48178

10022 Otter Dr

Green Oak Twp, MI 48178

  • 37 days on market
    • Price drop $5,000↓
PRICE IMPROVED!! Recently appraised higher so this has instant equity. Grab it while its still an opportunity. Custom 5 Star Energy Rated Home Built in 2012 within Highly Desirable Lakeside Estates North with Low Green Oak Township/Livingston County Taxes and Award Winning South Lyon Schools. Inside, Discover an Immaculately Maintained Colonial w/Hardwood Floors and Soaring Ceilings, Chef's Delight Island Kitchen w/Hardwood Floors, Gorgeous Granite Countertops, Upgraded Appliances including Gas Stove & Stainless Steel Side By Side Refrigerator. Oversized Great Room w/Impressive Gas Fireplace & Open to Breakfast Nook & Kitchen, Formal Living, Dining and Large 1st Floor Office. Luxury Master Suite w/Tub, Separate Shower, Dual Vanities and Super Size Walk-In Closet. Big Bedrooms, Basement is Ready To Finish with Prep Plumbing for Future Bath and Ingress window for Future Bedroom. Tons of Upgrades Including: Custom Paver Patio, Custom Lighting, 3 Dimensional Shingles, Reverse osmosis and More!

Details

Property type

Single Family Residence

Est. home value

$572,662

Lot size

0.60 acres

Price per sq ft

$192

Year built

2012

Annual property taxes

$7,078

Monthly HOA fee

$16.58

Price History

07/06/2024
Realcomp

Realcomp #20240037492

Price change
$504,900
-0.98%
06/28/2024
Realcomp

Realcomp #20240037492

Price change
$509,900
-0.97%
06/24/2024
Realcomp

Realcomp #20240037492

Price change
$514,900
-0.02%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

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

$79,707
Asking price
$504,900
Closing costs (~8% of asking)
-$40,392
Est. remaining loan balance
-$384,801
Cash to seller
$79,707

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

April 2022

Original loan amount

$402,000

Est. remaining balance

$384,801

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Becky Bail and Michael Doyle

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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1090 Shetland Dr, South Lyon, MI 48178

Status: Active

Tomo last checked: 07/07/2024 at 3:45 PM

Listing updated: 07/06/2024 at 3:53 PM

Listed by: Chuck Wilks, 3DX Real Estate-Brighton Phone #: (888) 304-1447

MLS: Realcomp #20240037492

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