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$1,250,000

Beds
3
Baths
2.5
sq ft
2,566

1391 Cedar Bend Dr, Bloomfield Hills, MI 48302

1391 Cedar Bend Dr

Bloomfield Twp, MI 48302

  • 55 days on market
Discover this rare mid-century modern masterpiece, tucked away on a quiet cul-de-sac and set on 1.2 acres, backing up to an additional 5 acres of tranquil woods. This architectural treasure features three original Frank Lloyd Wright stained glass windows, blending iconic design with modern luxury throughout. Inside, the home showcases maple cabinetry and a gourmet kitchen equipped with top-of-the-line SubZero and Bosch appliances, perfect for both culinary adventures and casual entertaining. The family room and primary suite are graced with Perspective built-ins, offering seamless storage solutions and adding to the home's distinctive style. The outdoor living space is equally impressive, with a 2,000 sq/ft travertine pool deck surrounding a sparkling saltwater pool. The pavilion, complete with a fully equipped outdoor kitchen, is an entertainer’s dream. A private tennis court provides a space for recreation and relaxation. This estate is a harmonious blend of mid-century elegance and modern luxury, offering an unmatched living experience in a serene natural setting. Seller needs occupancy until Dec. 15.

Details

Property type

Single Family Residence

Est. home value

$811,916

Lot size

1.18 acres

Price per sq ft

$488

Year built

1960

Annual property taxes

$11,050

Price History

09/11/2024
Realcomp

Realcomp #20240068302

Listed
$1,250,000
+141.55%
09/30/2016
Realcomp

Realcomp #216091624

Sold
$517,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

School district: 

Bloomfield Hills

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

$642,066
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$507,934
Cash to seller
$642,066

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

Seller’s Loan History

Lender

First Securities Financial Services Inc

Loan start date

June 2021

Original loan amount

$548,250

Est. remaining balance

$507,934

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

David Cohen

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: 11/05/2024 at 8:55 PM

Listing updated: 09/22/2024 at 12:41 PM

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

MLS: Realcomp #20240068302

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