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$419,900

Beds
4
Baths
2.5
sq ft
2,534

1639 Mercedes St, West Bloomfield, MI 48324

1639 Mercedes St

West Bloomfield Twp, MI 48324

  • 55 days on market
    • Price drop $10,000↓
This wonderful Contemporary on half acre is sure to fall in love with, with 4 good size bedrooms including master bedroom and full bath, spacious living and dining rooms with bayed windows\. Beautiful deck overlooking an enormous fenced-in backyard, Don't miss the terrific lower level complete with indoor built-In Jacuzzi W/Dynamic lighting, The lower level has a walkout to the backyard and the garage . Fully finished 3 car garage with front and rear entrance is perfect for parking, project or storage. The house has Lake privilege 7 houses down, bring your kayaks, row boats, paddle boards etc or swim off the sand beach area., great finishing, bass, blue grill, bike and more. Basement was updated with Porcelain, new panting all walls 7/2023, new lighting fixtures all over the house, basement Lav was remodeled, added drop ceiling to laundry room, New water heater 2024, and 2021 dryer and washer, wood flooring stairs.

Details

Property type

Single Family Residence

Est. home value

$431,801

Lot size

0.50 acres

Price per sq ft

$166

Year built

1969

Annual property taxes

$5,544

Price History

06/27/2024
Realcomp

Realcomp #20240032278

Price change
$419,900
-2.33%
05/13/2024
Realcomp

Realcomp #20240032278

Listed
$429,900
+37.79%
07/12/2021
Realcomp

Realcomp #2210036942

Sold
$312,000
+73.33%

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

$113,693
Asking price
$419,900
Closing costs (~8% of asking)
-$33,592
Est. remaining loan balance
-$272,615
Cash to seller
$113,693

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2021

Original loan amount

$291,000

Est. remaining balance

$272,615

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Abdelmenem Elnagar

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: 07/07/2024 at 3:30 PM

Listing updated: 06/27/2024 at 12:17 PM

Listed by: Nadia T Salmou, Realty Executives Home Towne Phone #: (586) 726-4600

MLS: Realcomp #20240032278

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