tomo logo

$525,000

Beds
4
Baths
2.5
sq ft
2,521

12538 Fall River Dr, South Lyon, MI 48178

12538 Fall River Dr

Green Oak Twp, MI 48178

  • 9 days on market
This beautiful home is located within the award-winning South Lyon School District and offers the added benefit of Green Oak Township taxes. The property boasts recent updates, including a newer roof, windows, furnace, A/C, and hot water tank. The grand entrance greets you with cathedral ceilings, lots of windows and the impressive fireplace creates a warm atmosphere Enjoy serene outdoor living with a private brick paver patio overlooking your expansive ONE acre of land. Inside, you'll find gleaming hardwood floors and a convenient first-floor master bedroom with an ensuite that includes a separate shower, tub, walk-in closet, and two additional closets. The first-floor laundry adds convenience, and all appliances stay with the home. The 1st floor also offers large den/office space. Entire Kitchen remodel including built in stainless steel appliances- large island- nice size pantry and great table space- Not to forget about the Formal dining room! The 3-car attached garage features insulated doors for energy efficiency. The Extra deep basement, complete with glass block windows, is ready for your finishing touches, offering endless possibilities for customization. Public access to Nichwagh Lake for canoe and kayaks

Details

Property type

Single Family Residence

Est. home value

$541,216

Lot size

1.00 acres

Price per sq ft

$209

Year built

1999

Annual property taxes

$6,847

Monthly HOA fee

$27.08

Price History

11/12/2024
Realcomp

Realcomp #20240085465

Listed
$525,000
+5.21%
04/01/2022
Realcomp

Realcomp #2220009797

Sold
$499,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

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

$56,099
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$426,901
Cash to seller
$56,099

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$449,100

Est. remaining balance

$426,901

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Christopher C Respondek and Lindsey Respondek

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 2:30 PM

Listing updated: 11/13/2024 at 6:05 AM

Listed by: Janel Barber, Remerica Hometown One Phone #: (734) 420-3400

MLS: Realcomp #20240085465

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