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$724,900

Beds
5
Baths
3.0
sq ft
2,530

1307 Marywood Dr, Royal Oak, MI 48067

1307 Marywood Dr

Royal Oak, MI 48067

  • 25 days on market
    • Price drop $15,000↓
    • Open house Oct 19
This stunning home is a seamless blend of style and functionality, offering elegance and space throughout. The main floor features beautiful hardwood flooring, creating a cohesive flow from room to room. Upstairs, you'll find five generously sized bedrooms, with the option for a sixth on the lower level in the versatile flex room, perfect for use as an office, sitting area, or additional bedroom. The expansive sizes of the dining room, living room, and great room are ideal for hosting dinner parties, entertaining guests, or simply unwinding in comfort. The gourmet kitchen is sure to impress, with granite countertops, stainless steel appliances, and ample cabinetry providing both beauty and practicality for the aspiring chef. Step outside to enjoy your mornings on the charming covered front porch, or relax on rainy days while taking in the serene surroundings. The finished basement offers additional living space, perfect for recreation or relaxation, with its warm and inviting atmosphere. The large fully fenced backyard is an outdoor oasis complete with a gazebo and firepit, making it perfect for cozy evenings or entertaining guests. Ideally located on a peaceful, tree-lined street near parks, restaurants, shopping, golf, and major freeways! This home combines convenience with an exceptional living experience! Book your viewing today!

Details

Property type

Single Family Residence

Est. home value

$540,077

Lot size

0.25 acres

Price per sq ft

$287

Year built

1950

Annual property taxes

$9,641

Price History

10/14/2024
Realcomp

Realcomp #20240071294

Price change
$724,900
-2.03%
09/22/2024
Realcomp

Realcomp #20240071294

Listed
$739,900
+42.29%
03/24/2022
Realcomp

Realcomp #2210099166

Sold
$520,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$172,318
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$494,590
Cash to seller
$172,318

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

March 2022

Original loan amount

$520,000

Est. remaining balance

$494,590

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Kyle A Nedic and Rebecca R Pittman

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: 10/18/2024 at 2:25 PM

Listing updated: 10/14/2024 at 12:09 PM

Listed by: Zach Haun, RE/MAX First Phone #: (586) 781-2900

MLS: Realcomp #20240071294

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