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$350,000

Beds
4
Baths
1.5
sq ft
1,980

11220 Mandale Dr, Sterling Heights, MI 48312

11220 Mandale Dr

Sterling Heights, MI 48312

  • 69 days on market
    • Price drop $19,999↓
Immaculate, gorgeous updated Colonial located on a private, oversized lot that overlooks the 5th green on Maple Lane Golf Course. New roof 08/22/2024, 4 large tastefully updated bedrooms. Large foyer that leads to an open concept renovated kitchen and spacious family room completely renovated with fresh drywall and a beautiful gas supplied fireplace. Large dining room perfect for entertaining. Freshly renovated first floor laundry room with large farmhouse sink, cabinetry, and newer washer/dryer. Beautiful crown molding installed throughout the home. Refinished hardwood. Attached 2 car heated garage with custom made workbench and hanging tool storage. Remote control retractable awning, and large fenced in yard with amazing panoramic golf views. Buyers need to verify all information.

Details

Property type

Single Family Residence

Est. home value

$311,723

Lot size

9,583 sq ft

Price per sq ft

$177

Year built

1968

Annual property taxes

$5,452

Price History

08/20/2024
Realcomp

Realcomp #20240050033

Price change
$350,000
-5.41%
07/12/2024
Realcomp

Realcomp #20240050033

Listed
$369,999
+23.33%
10/18/2021
MiRealSource

MiRealSource #50053097

Sold
$300,000
+53.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$97,354
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$224,646
Cash to seller
$97,354

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2021

Original loan amount

$240,000

Est. remaining balance

$224,646

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Liqiao Li and Cuilan Li

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 5:40 AM

Listing updated: 09/09/2024 at 6:11 PM

Listed by: Tricia Zhang, Community Choice Realty Inc Phone #: (248) 729-0011

MLS: Realcomp #20240050033

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