tomo logo

$719,500

Beds
4
Baths
4.0
sq ft
3,969

10700 Lambs Rd, Riley, MI 48041

10700 Lambs Rd

Riley, MI 48041

  • 100 days on market
    • Price drop $500↓
Welcome to your dream home! This one-of-a-kind 4-bedroom, 3 full bath, 2 half bath colonial has all the charm and space you could ever need. From the moment you step inside, you’ll be wowed by the great room – it’s bright, airy, and full of natural light thanks to those big, beautiful windows. It’s the perfect spot for cozy nights or hosting friends and family. The kitchen? Oh, it’s a stunner! With granite countertops, loads of cabinet space, a double oven, bar seating, and all the appliances ready to roll, you’ll feel like a pro chef. There’s even more to love on the main floor: a spacious office or den, two half baths, and a formal dining room. Head upstairs, and you’ll find a cool loft area with a sleek glass banister overlooking the great room and foyer. The primary bedroom features a walk-in closet and an ensuite bathroom that’s pure luxury – think soaking tub and a walk-in shower. Oh, and there’s even a hook-up for a second laundry room in there if you want it! The walkout basement is all about fun. It’s fully finished with a bar, game area, space to dine, a 4th bedroom, and even a full bathroom. Sitting on 22 acres, this home is surrounded by natural beauty. You’ll love the peaceful vibe, and the chance to spot wildlife right from your backyard. It’s like living in your own private retreat, but with all the comforts of home. This place has been loved and cared for, and it’s ready for you to move in and make it yours. Don’t miss out – homes like this don’t come around often

Details

Property type

Single Family Residence

Est. home value

$712,430

Lot size

22.00 acres

Price per sq ft

$182

Year built

2003

Annual property taxes

$4,224

Price History

11/19/2024
MiRealSource

MiRealSource #50152181

Price change
$719,500
-0.07%
10/19/2024
MiRealSource

MiRealSource #50152181

Price change
$720,000
-2.04%
08/30/2024
MiRealSource

MiRealSource #50152181

Price change
$735,000
-1.34%

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

-$8,729
Asking price
$719,500
Closing costs (~8% of asking)
-$57,560
Est. remaining loan balance
-$670,669
Cash to seller
-$8,729

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

$670,669

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: 11/22/2024 at 8:50 PM

Listing updated: 11/19/2024 at 9:40 AM

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

MLS: MiRealSource #50152181

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