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$1,950,000

Beds
5
Baths
5.0
sq ft
4,878

1409 Cedar Bend Dr, Bloomfield Hills, MI 48302

1409 Cedar Bend Dr

Bloomfield Twp, MI 48302

  • 27 days on market
Nestled on the tranquil shores of Sodon Lake, discover a truly unparalleled retreat. This lakefront ranch home is truly one of a kind, boasting an exquisite blend of luxury and architectural splendor. As you approach, a sweeping circular drive leads you to a charming bridge spanning over a koi pond with cascading fountains. Every detail of this home has been thoughtfully created. The foyer welcomes you with the warm glow of a two-way fireplace, which leads into the oversized great room with soaring custom wood ceilings. The wall of windows overlooking the lake is breathtaking. Step out onto the expansive deck and enjoy the beauty of the surroundings. The incredible gourmet kitchen features premium appliances, granite countertops, and custom wood cabinetry. A Lacanche French range steals the spotlight, adding a touch of culinary elegance, while the oversized fireplace commands attention in the breakfast room. Host a formal dinner in the elegant dining room, which is spacious enough for your largest gatherings. The primary suite comes complete with dual walk-in closets and a private balcony overlooking the lake. Indulge in the lavish primary bath adorned with distinct vanity spaces and a sunken tub. Three additional bedrooms and two full baths complete this level. Discover endless possibilities for entertainment in the fully finished walkout lower level. The spacious family room features coffered ceilings, artisan plaster walls, an open fireplace, and a wet bar. The enormous game room area includes a second kitchen and closets with plenty of storage. This level also includes a bedroom and a full bath. Outside you will find lush landscaping, a sandy beach at the water's edge, a private dock, and a lakefront terrace with a fire pit. An oversized 3-car garage provides ample space for vehicles and toys. Home was completely remodeled in 2019. 3 new furnaces, all house generator (60 KVA). Furniture & artwork are negotiable. Gladiator refrigerator/freezer included.

Details

Property type

Single Family Residence

Est. home value

$1,630,977

Lot size

1.25 acres

Price per sq ft

$400

Year built

1973

Annual property taxes

$23,891

Monthly HOA fee

$54.5

Price History

06/07/2024
Realcomp

Realcomp #20240040095

Listed
$1,950,000
+110.81%
11/09/2018
Realcomp

Realcomp #218085090

Sold
$925,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$772,321
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$1,021,679
Cash to seller
$772,321

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

November 2019

Original loan amount

$1,126,124

Est. remaining balance

$1,021,679

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Brandon Brad Jon Mitchell and Melissa Erin Mitchell

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: 07/05/2024 at 1:45 AM

Listing updated: 06/17/2024 at 9:27 AM

Listed by: Katherine E Broock, Max Broock, REALTORS®-Birmingham Phone #: (248) 644-6700

MLS: Realcomp #20240040095

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