tomo logo

$545,000

Beds
3
Baths
2.0
sq ft
1,368

1025 Sherbrooke St, Commerce Township, MI 48382

1025 Sherbrooke St

Commerce Twp, MI 48382

  • 34 days on market
    • Price drop $35,000↓
Discover lakefront living at its finest on the highly sought-after, private all-sports Commerce Lake. This stunning home offers panoramic southern views, a sandy beach, and a spacious 20x30 deck, perfect for entertaining. The back doors all open wide, seamlessly blending indoor and outdoor living—perfect for enjoying the refreshing lake breeze. The entryway opens to impressive, high ceilings & lake views the second you walk in. Gorgeous newly remodeled chefs kitchen w/ waterfall granite counters, all new stainless steel appliances. Large windows and skylights fill the home with natural light, and the lake invites year-round activities like boating, swimming, fishing, and ice fishing or ice skating. With immediate occupancy and a prime location near schools, hospitals, and shopping, this is your chance to own a piece of paradise.

Details

Property type

Single Family Residence

Est. home value

$567,593

Lot size

5,227 sq ft

Price per sq ft

$399

Year built

1946

Annual property taxes

$5,953

Price History

08/23/2024
Realcomp

Realcomp #20240060056

Price change
$545,000
-6.03%
08/14/2024
Realcomp

Realcomp #20240060056

Listed
$580,000
+71.6%
03/28/2014
Realcomp

Realcomp #214001214

Sold
$338,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Vibe Cu

Loan start date

January 2024

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Stand Alone Second, 20 year

Seller

Cory A Fortson and Katherine C Fortson

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: 09/17/2024 at 10:40 PM

Listing updated: 08/29/2024 at 10:28 PM

Listed by: Erica West, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240060056

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