tomo logo

$549,900

Beds
3
Baths
3.0
sq ft
2,439

1640 Madsen Dr, Ortonville, MI 48462

1640 Madsen Dr

Groveland Twp, MI 48462

  • 16 days on market
Every so often, a truly remarkable home hits the market, and today is that day! Finally, the spacious brick ranch on 1.57 acres with a walk-out lower level you’ve been dreaming of. Step inside and instantly feel at home, with a spectacular updated kitchen that serves as the true heart of this home. The huge island with the beautiful granite is a showpiece, comfortably seating over 8, and the cathedral ceilings w/skylight add a beautiful, open feel- Flowing seamlessly into the Great Room and Dining Room, it’s perfect for all your gatherings. Through double sliding doors, step into the three-season room (an additional 238 sq. ft of space) , where you can relax with views of the expansive brick patios, deck, pool, and hot tub — an entertainer’s dream! Back inside you’ll find a dual-entry main bath, spacious laundry room, two large bedrooms, & a lovely primary suite with a large bathroom, walk-in closet, and French doors leading to the backyard paradise. The fully finished lower level offers an additional 2,200 sq. ft. of flexible living space, including two multipurpose rooms (currently used as an office and bedroom), a full bath, open work out room, a secondary kitchen, & a cozy family room overlooking nature — all offering endless possibilities. With over 5,000 sq. ft. of living space, including two attached two-car garages for ample storage, this home has everything you need. Recent upgrades include a high-efficiency pool pump, water softening system (2024), new well pump (2019) , a complete kitchen renovation, new luxury vinyl plank flooring, a wood-burning stove,& new roof, gutter/guards and hot water heater (2018) — making this home truly move-in ready. Come discover and fall in love.

Details

Property type

Single Family Residence

Est. home value

$524,154

Lot size

1.57 acres

Price per sq ft

$226

Year built

1987

Annual property taxes

$6,761

Price History

11/06/2024
Realcomp

Realcomp #20240083969

Listed
$549,900
+66.64%
05/07/2014
Realcomp

Realcomp #58031178355

Sold
$330,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Brandon

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

$280,552
Asking price
$549,900
Closing costs (~8% of asking)
-$43,992
Est. remaining loan balance
-$225,356
Cash to seller
$280,552

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

Seller’s Loan History

Lender

Member First Mortgage Llc

Loan start date

October 2020

Original loan amount

$247,500

Est. remaining balance

$225,356

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Teri A Clark

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: 11/22/2024 at 11:20 PM

Listing updated: 11/12/2024 at 5:20 PM

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

MLS: Realcomp #20240083969

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