tomo logo

$470,000

Beds
4
Baths
2.5
sq ft
2,310

1040 Drakeshire Dr, Commerce Township, MI 48390

1040 Drakeshire Dr

Commerce Twp, MI 48390

  • 2 days on market
4 bed 2.5 bath home located in highly desirable Foxcroft subdivision and award winning Walled Lake School District. Home has had many updates the past few years including newer roof, siding and windows in 2022, water softener, iron filter and pressure tank in 2021. The interior features a sizable formal living room/dining area that leads from the front door to the kitchen. Kitchen has plenty of storage and granite countertops and flows into your large family room with wood burning fireplace. Upstairs you have a great primary bedroom with private full bath. 3 other nicely sized bedrooms and a second full bath finish the second floor. Outside you can enjoy the summer days and nights on the sprawling deck overlooking your beautiful backyard. Close to shopping, express ways and dining, this home is in a great location. Home does need a new well which the seller is offering concessions to cover at closing. Home is being sold AS-IS and cash only.

Details

Property type

Single Family Residence

Est. home value

$416,291

Lot size

0.36 acres

Price per sq ft

$204

Year built

1996

Annual property taxes

$5,213

Monthly HOA fee

$29.17

Price History

02/20/2025
Realcomp

Realcomp #20250011200

Listed
$470,000
+64.91%
02/26/2020
Realcomp

Realcomp #219109831

Sold
$285,000

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

Rocket Mortgage Llc

Loan start date

July 2022

Original loan amount

$12,215

Est. remaining balance

$11,462

Interest rate

5.3%

Loan type

FHA, 23 year

Seller

Elden N Ankawi and Hiba Ankawi

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$26,305

Est. remaining balance

$23,844

Interest rate

3.09%

Loan type

FHA, 24 year

Seller

Elden N Ankawi and Hiba Ankawi

Lender

Quicken Loans Llc

Loan start date

February 2020

Original loan amount

$279,837

Est. remaining balance

$242,865

Interest rate

3.64%

Loan type

FHA, 25 year

Seller

Elden N Ankawi and Hiba Ankawi

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: 02/22/2025 at 3:45 PM

Listing updated: 02/22/2025 at 6:04 AM

Listed by: Brian Hill, Brian Hill, Metropolitan Real Estate GroupMetropolitan Real Estate Group Phone #: (248) 735-5860

MLS: Realcomp #20250011200

Realcomp logo

Recently listed in Commerce Twp