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$230,000

Beds
2
Baths
2.0
sq ft
1,128

1505 Charter Oak Dr, Rochester Hills, MI 48309

1505 Charter Oak Dr

Rochester Hills, MI 48309

  • 3 days on market
Rochester Hills Condo with Renowned Rochester Schools. Charmingly updated and meticulously maintained. You will love the tasteful decorating choices. Beautifully Updated Full Upper Split Bath has direct Entry from the Large Primary Suite. Adjoining the full bath, there is an additional vanity & dressing area with access from the hall as well. There are updated ½ Baths on the 1st floor and in the Finished Basement. The Kitchen, Foyer, Living Room, Dining Room, and Lav feature Professionally Installed, Low-Maintenance and highly durable LVP flooring which flows seamlessly between these living spaces, creating a rich and spacious feel. Exquisite LED designer lighting. Lower Level Laundry room with Washer, Dryer and Utility Tub plus convenient storage. Custom Blinds. Doorwalls to the main floor Balcony plus a Patio off the walkout basement. Enjoy the Lusciously maintained grounds and included access to the Clubhouse and In-ground Pool with relaxing views of the Clinton River. Private Carport at your front door and plenty of additional parking. Easy Access to M-59 and I-75. Close to Meadowbrook, Oakland University, The Village Shopping & Restaurants, and walking distance to the fabulous 110-acre Innovation Hills Park. Association fee includes gas, water, sewer, trash removal, grounds maintenance, pool and clubhouse.

Details

Property type

Townhouse

Est. home value

$205,569

Lot size

Unknown

Price per sq ft

$204

Year built

1974

Annual property taxes

$1,923

Monthly HOA fee

$433

Price History

10/02/2024
Realcomp

Realcomp #20240074451

Listed
$230,000
+88.52%
09/10/2015
MiRealSource

MiRealSource #31252909

Sold
$122,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Rochester

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

$133,354
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$78,246
Cash to seller
$133,354

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

Seller’s Loan History

Lender

Michigan State University Fcu

Loan start date

December 2021

Original loan amount

$87,000

Est. remaining balance

$78,246

Interest rate

3.05%

Loan type

New Conventional, 21 year

Seller

Kiiterly K Rietner

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: 10/05/2024 at 9:20 PM

Listing updated: 10/04/2024 at 6:11 AM

Listed by: Mark G Gardner, Real Estate One-Rochester Phone #: (248) 652-6500

MLS: Realcomp #20240074451

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