tomo logo

$1,300,000

Beds
5
Baths
4.5
sq ft
2,632

20925 Waterloo Rd, Chelsea, MI 48118

20925 Waterloo Rd

Lyndon Twp, MI 48118

  • 39 days on market
Surround yourself in privacy, peace & luxury in this elegantly designed & landscaped contemporary farmhouse on +3.2 acres nestled down a serene private driveway. Enjoy seamless indoor/outdoor living w/back & side decks for soaking in the picturesque surroundings. Light-filled floor-to-ceiling windows frame expansive views. Energy efficient open layout features impeccable materials & combination of textures, finishes, & architectural mastery. Superior insulation & heated floors throughout make the house cozy in winter. Gourmet kitchen w/custom-built cabinetry, sleek SS counters, top-of-the-line appliances & large SS island seamlessly connects w/dining room & great room. Gas fireplace flanked by French doors embrace the oversized deck, lending a retreat-like environment. Sizeable primarysuite includes private deck, tiled luxury bathroom w/custom walk-in closet. Powder room & laundry/mudroom w/custom storage conveniently located off garage. Floating stairs lead to ensuite w/2 closets & tiled bathroom. Fully finished WOLL w/heated hickory floors & custom ceilings is perfect for family living and/or entertaining; includes 3 bedrooms, 2 ensuite bathrooms, family room w/kitchenette & range w/access to stone courtyard patio w/firepit. Oversized 3-car heated garage w/finished floors, EV charger, custom closets, storage, solar panels, & full house generator. Huge outbuilding for outdoor storage. Close to the DTE&B2B trails. Short commute to Ann Arbor!

Details

Property type

Single Family Residence

Est. home value

$1,067,754

Lot size

3.24 acres

Price per sq ft

$494

Year built

2015

Annual property taxes

$13,759

Price History

07/15/2024
Realcomp

Realcomp #81024036065

Listed
$1,300,000
+10.64%
04/28/2023
Realcomp

Realcomp #543293153

Sold
$1,175,000
+38.22%
06/18/2021
Realcomp

Realcomp #543280474

Sold
$850,101
+608.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chelsea

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

$306,418
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$889,582
Cash to seller
$306,418

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

Seller’s Loan History

Lender

Old National Bank

Loan start date

April 2023

Original loan amount

$940,000

Est. remaining balance

$889,582

Interest rate

5.95%

Loan type

New Conventional, 15 year

Seller

Bruce Hunter and Richie Hunter

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: 08/23/2024 at 11:55 PM

Listing updated: 08/15/2024 at 12:54 PM

Listed by: Maura Rains, Phone #: (734) 971-6070

MLS: Realcomp #81024036065

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