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$424,900

Beds
3
Baths
2.0
sq ft
2,012

1311 Florence Ave, Waterford, MI 48328

1311 Florence Ave

Waterford Twp, MI 48328

  • 5 days on market
LOCATION, LOCATION, LOCATION...Experience the lakefront lifestyle with exclusive Watkins Lake privileges right across the street! This unique home sits on a corner lot w/mature trees & serene lake views that will make you feel like you are on vacation. Step into the vaulted foyer that flows into a spacious great room featuring hand-scraped hardwood floors, skylights, & a slate fireplace w/a limestone hearth – oh the cozy fires this winter. The kitchen boasts marble floors, granite countertops, newer stainless-steel appliances, a travertine backsplash, & a sliding door that opens to an expansive deck w/a pergola — perfect for outdoor entertaining! A sunlit eat-in breakfast area adds to the charm. Two large main-floor bedrooms offer hardwood floors & generous closet space, accompanied by an updated full bathroom. The upper-level primary suite includes two large closets & a private bath, while a spacious loft (14x12) offers an ideal home office space. ADDED in 2024- a spacious 20x20 addition above the garage ($150,000 invested) , complete with a hot tub & rec room. Outfitted with central air & a commercial dehumidifier, this space maintains the perfect temperature year-round. Expansive windows fill the room with natural light and offer beautiful lake views, making it an ideal spot for relaxation or entertaining. Partially finished basement adds extra living space to make your own. Additional highlights include a TRANE furnace and hot water heater (2017), HEPA air filtration, and new siding, roof, and gutters. New garage door and garage drywall and paint, gutter guards (2024). Enjoy stunning lake views, beach access just steps away and/or put your name on the boat slip waiting list today!

Details

Property type

Single Family Residence

Est. home value

$353,880

Lot size

0.28 acres

Price per sq ft

$212

Year built

1992

Annual property taxes

$6,407

Monthly HOA fee

$8.33

Price History

11/07/2024
Realcomp

Realcomp #20240084147

Listed
$424,900
+20.37%
06/07/2022
Realcomp

Realcomp #2220028655

Sold
$353,000
+61.93%
06/16/2017
Realcomp

Realcomp #217034276

Sold
$218,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Waterford

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

$82,414
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$308,494
Cash to seller
$82,414

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

June 2022

Original loan amount

$320,100

Est. remaining balance

$308,494

Interest rate

5.11%

Loan type

New Conventional, 30 year

Seller

Donnell Grissom and Florence B Robinson

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?

Status: Active

Tomo last checked: 11/12/2024 at 4:15 PM

Listing updated: 11/10/2024 at 1:20 PM

Listed by: Tanya A Biernat, Real Estate One-Rochester Phone #: (248) 652-6500

MLS: Realcomp #20240084147

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