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$1,999,000

Beds
5
Baths
6.5
sq ft
4,963

116 Endicott Rd, Bloomfield Hills, MI 48304

116 Endicott Rd

Bloomfield Hills, MI 48304

  • 151 days on market
    • Price drop $51,000↓
This luxurious Bloomfield Hills home with Birmingham Schools offers an unparalleled living experience on a sprawling 1.9-acre lot with a picturesque stream flowing through its backyard. This estate boasts 4 bedrooms, each a private enclave with an ensuite bathroom, ensuring absolute comfort. In addition, an attached in-law/au pair suite offers added flexibility as an additional bedroom, office, or creative studio. The extraordinary first-floor primary suite features a large walk-in closet and a lavish bathroom, elevating the meaning of luxury. The property boasts a spacious floor plan with high-end finishes and top-of-the-line appliances, perfect for those who appreciate contemporary design and elegant living spaces. The expansive windows throughout the home allow natural light to flood in, creating a bright and inviting atmosphere. With multiple outdoor entertainment areas, including a patio overlooking the river, there are unlimited opportunities to configure a pool and sports courts. The fully finished basement is an entertainer’s dream, with a built-in bar and media entertainment room. This exceptional residence offers privacy, luxury, and tranquility, all within minutes of downtown Birmingham, making it an ideal choice for discerning buyers seeking an upscale retreat in a prime location.

Details

Property type

Single Family Residence

Est. home value

$1,841,709

Lot size

1.90 acres

Price per sq ft

$403

Year built

1957

Annual property taxes

$25,076

Price History

11/15/2024
Realcomp

Realcomp #20240044503

Price change
$1,999,000
-2.49%
08/21/2024
Realcomp

Realcomp #20240044503

Price change
$2,050,000
-6.82%
06/24/2024
Realcomp

Realcomp #20240044503

Listed
$2,200,000
+54.39%

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

$1,347,087
Asking price
$1,999,000
Closing costs (~8% of asking)
-$159,920
Est. remaining loan balance
-$491,993
Cash to seller
$1,347,087

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2019

Original loan amount

$700,000

Est. remaining balance

$491,993

Interest rate

3.51%

Loan type

New Conventional, 15 year

Seller

James A Schwyn and Francoise Colpron Schwyn

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: 11/23/2024 at 12:05 AM

Listing updated: 11/16/2024 at 3:18 PM

Listed by: Robert Lawrence, @properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20240044503

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