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$799,000

Beds
4
Baths
2.5
sq ft
3,369

24293 Bay Laurel Ln, South Lyon, MI 48178

24293 Bay Laurel Ln

Lyon Twp, MI 48178

  • 56 days on market
    • Price drop $26,000↓
Designed to fit all your needs, this 2021 floor plan spans 3,357 sq. ft. and features 4 bedrooms, 2.5 baths, a dining room, a flex room, a mud room, and a 3-car garage. As you enter the home through the covered front porch, you will be greeted by the formal dining room. The foyer leads into the main living space, where the open-concept layout provides a transition from the kitchen to the breakfast area and the 2-story family room. Your kitchen includes stainless steel appliances, a gas cooktop, a large island for additional seating, and a butler’s pantry. Off the kitchen, you will find a new 20x18 ft trex deck! Around the corner, you will find the mud room and the flex room that you could use for an extra guest suite or personal study. Upstairs you will find the owner’s bedroom, 3 secondary bedrooms, a secondary bathroom with double sinks, and a convenient second-floor laundry room. The owner’s bedroom is tucked away in the corner of the home. The owner’s en-suite bath has a large shower, a soaking tub, a private water closet, and an oversized primary closet.

Details

Property type

Single Family Residence

Est. home value

$749,797

Lot size

0.33 acres

Price per sq ft

$238

Year built

2021

Annual property taxes

$9,866

Monthly HOA fee

$100

Price History

10/21/2024
Realcomp

Realcomp #20240067742

Price change
$799,000
-3.15%
09/10/2024
Realcomp

Realcomp #20240067742

Listed
$825,000
+15.52%
06/29/2022
Realcomp

Realcomp #2220005496

Sold
$714,175

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

South Lyon

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

$229,632
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$505,448
Cash to seller
$229,632

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

Seller’s Loan History

Lender

M/I Financial Llc

Loan start date

June 2022

Original loan amount

$571,175

Est. remaining balance

$505,448

Interest rate

4.48%

Loan type

New Conventional, 15 year

Seller

He Niu and Shiqi Wang

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: 11/05/2024 at 7:00 PM

Listing updated: 10/27/2024 at 2:15 PM

Listed by: Jennie Avis, Redfin Corporation Phone #: (248) 327-0275

MLS: Realcomp #20240067742

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Recently listed in Lyon Twp