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$215,000

Beds
2
Baths
1.5
sq ft
1,197

1693 Riverside Dr Unit 5, Rochester Hills, MI 48309

1693 Riverside Dr Unit 5

Rochester Hills, MI 48309

  • 1 day on market
Open that sliding door and just take a listen....the Clinton River flows through your yard, yet you are 3 floors above it. Complete tranquility awaits you on this majestic 2 bedroom 1.1 bathroom end unit condominium home with all the bells and whistles. Step through the front door to see the new hardwood floors flowing throughout. New neautral paint. Raised panel oak cabinets in the open kitchen with copper backsplash and new fixtures. 2 large door walls to your private terrace are open so you can enjoy the complete privacy this home has to offer. 2 storage sheds are available on either side of the deck. Large primary bedroom with huge walk in closet and bathroom. Secondary bedroom has great light and storage too!. In floor laundry is extra convenient! New floors, electrical, a/c, water heater, and panel give you extra peace of mind! Association fee covers water, gas, community center and pool and exterior building maintenance. Welcome home!

Details

Property type

Condominium

Est. home value

$190,735

Lot size

Unknown

Price per sq ft

$180

Year built

1974

Annual property taxes

$1,962

HOA fee

$388

Price History

03/12/2025
Realcomp

Realcomp #20250016610

Listed
$215,000
+19.44%
11/15/2023
MiRealSource

MiRealSource #50124966

Sold
$180,000

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

$32,420
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$165,380
Cash to seller
$32,420

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 State Bank

Loan start date

November 2023

Original loan amount

$167,400

Est. remaining balance

$165,380

Interest rate

7.31%

Loan type

New Conventional, 30 year

Seller

Kyle Depalma

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: 03/14/2025 at 11:50 AM

Listing updated: 03/14/2025 at 6:04 AM

Listed by: Leslie A Doran, @properties Christie's Int'l R E Rochester Phone #: (248) 218-0234

MLS: Realcomp #20250016610

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