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$735,000

Beds
4
Baths
4.0
sq ft
3,969

10700 Lambs Rd, Riley, MI 48041

10700 Lambs Rd

Riley, MI 48041

  • 35 days on market
    • Price drop $10,000↓
Experience the epitome of luxury living in this one-of-a-kind 4-bedroom, 3 full bath, 2 half bath colonial. The home’s heart is its expansive great room, where oversized windows flood the space with natural light, creating a warm and inviting atmosphere. The adjacent chef's kitchen is a true masterpiece, featuring sprawling granite countertops, ample storage, a double oven, bar seating, and all appliances included—perfect for hosting gatherings with ease. Step outside from the kitchen or great room onto a balcony offering breathtaking views of a massive pond, enhancing your outdoor living experience. The main level also boasts a large den/office, two half baths, and a formal dining room, providing plenty of space for both work and entertaining. Upstairs, you'll find a spacious loft enclosed with a glass banister, overlooking the great room and foyer, adding a touch of modern elegance. The primary bedroom is your private sanctuary, complete with a huge walk-in closet and an ensuite bathroom featuring a tub and an oversized walk-in shower. For added convenience, a laundry hookup in the primary bath offers the potential for a second laundry room in addition to the first-floor laundry. The fully finished walkout basement is an entertainer’s dream, with a bar, game area, dining space, 4th bedroom, and a full bath with a unique urinal feature. The walkout leads to an exposed aggregate terrace with stunning pond views, and a spiral staircase descends to a covered patio, complete with a finished ceiling and recessed lighting, perfect for year-round enjoyment. Set on a beautifully landscaped 22-acre parcel, this home offers a peaceful setting surrounded by nature. Enjoy the serenity of the natural environment, where you can frequently spot wildlife in their natural habitat, making this property not just a home, but a retreat from the everyday. Meticulously maintained, this exceptional property combines luxury with tranquility—don’t miss the opportunity to make it yours.

Details

Property type

Single Family Residence

Est. home value

$712,430

Lot size

22.00 acres

Price per sq ft

$186

Year built

2003

Annual property taxes

$4,224

Price History

08/30/2024
MiRealSource

MiRealSource #50152181

Price change
$735,000
-1.34%
08/15/2024
MiRealSource

MiRealSource #50152181

Listed
$745,000
+8.76%
02/10/2023
Realcomp

Realcomp #58050091653

Sold
$685,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Memphis Community Schools

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

$4,098
Asking price
$735,000
Closing costs (~8% of asking)
-$58,800
Est. remaining loan balance
-$672,102
Cash to seller
$4,098

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

February 2023

Original loan amount

$685,000

Est. remaining balance

$672,102

Interest rate

6.27%

Loan type

VA, 30 year

Seller

Sara Waterman and Michael Waterman

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: 09/19/2024 at 6:20 AM

Listing updated: 08/30/2024 at 3:52 PM

Listed by: Anthony E. Chevalier, EXP Realty LLC Phone #: (269) 600-4397

MLS: MiRealSource #50152181

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