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$583,155Estimated home value

Beds
5
Baths
3.5
sq ft
2,859

170 W Reed Lake Ct, Commerce Township, MI 48390

170 W Reed Lake Ct

Commerce Twp, MI 48390

  • Sold On 10/22/2020
Remarkable, well-priced home with exclusive beach access to Reed lake. Your dream home rests on a private cul-de-sac within walking distance to fishing, swimming, or paddle boating. This 5 bedroom, 3.5 bathroom open floor plan colonial boasts stainless steel appliances, installed smart home features by Nest throughout; smart lights and smart locks. You will appreciate the separate zoned heating that provides concise comfort control all year long. Granite countertops create a panorama across 9-foot ceilings throughout the main living area, bringing your family together under the cathedral ceiling of this dining room. Oversized master suite with walk-in closet, storage access, and bathroom suite with jetted tub. ENERGY STAR® heating, cooling, and water equipped. PREMIUM Home Warranty included. Your family will enjoy the award-winning Walled Lake Schools. Close to Hospital, shopping, Pontiac Trail, M5, retail, restaurant. What else can you ask for?

Details

Property type

Single Family Residence

Est. home value

$583,155

Lot size

0.32 acres

Price per sq ft

$140

Year built

2013

Annual property taxes

$4,896

Price History

03/26/2025
Realcomp

Realcomp #20250019626

Removed
$649,000
-3.85%
03/24/2025
Realcomp

Realcomp #20250007505

Removed
$675,000
+4.01%
03/24/2025
Realcomp

Realcomp #20250019626

Listed
$649,000
-3.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$86,618
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$281,381
Cash to seller
$86,618

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$312,000

Est. remaining balance

$281,381

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Maranda Gerstenschlager and John Cody Stevens

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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4138 Ascott Ln, Walled Lake, MI 48390

Status: Off Market

Tomo last checked: 03/26/2025 at 8:10 AM

Listing updated: 08/30/2023 at 2:35 PM

Listed by: Joshua Norber, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #2200045351

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