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$8,999,000

Beds
7
Baths
8.5
sq ft
9,199

1057 Arlington St, Birmingham, MI 48009

1057 Arlington St

Birmingham, MI 48009

  • 200 days on market
Indulge in the epitome of opulence with this exquisite custom masterpiece to be crafted by renowned builders of Orchard Development. This home is meticulously crafted to perfection in every facet. From the moment you approach the residence, you're greeted by the grandeur of an exposed aggregate paver driveway, leading to a Euro court, setting the tone for the unparalleled luxury that awaits within. Step inside to discover a haven of spacious room sizes, offering an abundance of living areas meticulously designed for both entertaining and relaxation. The open concept blends with cozy alcoves, creating a harmonious balance of grandeur and intimacy, while the gallery surround in this spectacular residence creates an architectural marvel. The first-floor primary bedroom suite epitomizes elegance and comfort featuring two expansive walk-in closets and a luxurious bath where every detail has been meticulously crafted. There are five custom fireplaces, each adding a touch of warmth and sophistication to the ambiance, including the enclosed lanai. Prepare to host unforgettable gatherings in the oversized dining room overlooking the beautiful terrace. Step into the heart of this home, where a generous kitchen awaits, adorned with custom cabinetry, luxurious high-end appliances, sleek stone surfaces, and a coveted walk-in pantry. The second floor boasts five spacious bedrooms, each with an ensuite bath. A comfortable sitting room offers a cozy retreat while a convenient laundry room ensures effortless functionality. Luxury continues in the lower level, which includes a family room adorned with a wine cellar, a game room, a billiards room, and an exercise room. Step into the private backyard oasis, where a lavish pool area awaits amidst meticulously manicured landscaping. The seating area under a covered veranda with a fireplace transforms the outdoors into a resort-like escape. A spacious four-car garage completes the picture of extravagance of this truly remarkable home.

Details

Property type

Single Family Residence

Est. home value

$1,268,634

Lot size

1.22 acres

Price per sq ft

$979

Year built

2024

Annual property taxes

$16,291

Price History

06/04/2024
Realcomp

Realcomp #20240038727

Listed
$8,999,000
+757.05%
09/20/2023
Realcomp

Realcomp #20230057127

Sold
$1,050,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$7,562,362
Asking price
$8,999,000
Closing costs (~8% of asking)
-$719,920
Est. remaining loan balance
-$716,718
Cash to seller
$7,562,362

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

Seller’s Loan History

Lender

Independence Bank

Loan start date

September 2023

Original loan amount

$726,200

Est. remaining balance

$716,718

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Thomas Shaffou

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: 12/22/2024 at 12:30 AM

Listing updated: 12/18/2024 at 1:55 PM

Listed by: Katherine E Broock, Max Broock, REALTORS®-Birmingham Phone #: (248) 644-6700

MLS: Realcomp #20240038727

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