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$595,000

Beds
3
Baths
2.5
sq ft
1,854

24819 Ivy Ln, Novi, MI 48375

24819 Ivy Ln

Novi, MI 48375

  • 39 days on market
EAST FACING UNIT!! END UNIT!! ON ONE OF THE BEST LOTS IN THE SUB (LARGE BACKYARD!!!) NOVI SCHOOLS !! LESS THAN 1 YEAR OLD CONDO; MOST POPULAR FLOOR PLAN AT EMERERSON PARK CONDOMINIUM, THE DENALI ! FEATURES: 3 BEDROOMS, 2.5 BATHS. DELUX GOURMET KITCHEN WITH QUARTZ COUNTER TOP, LARGE ISLAND WITH SEATING, STAINLESS STEEL APPLIANCES (Refrigerator, Gas cook top, Double Oven, Dishwasher, Vent out Hood) Washer; Large master suite with private bath & Two (2) walk in closets; Formal Dining Room; Family Room; Engineered hardwood floors throughout the 1st floor; finished basement with beautiful bedroom/multi purpose room in 2022 with reverse osmosis. He spent $35,000 to finish basement. 2 car attached garage; Central Air; Must See!!! It is close to major shopping, mall, Library and restaurants. TENANTS OCCUPIEED. NEED 24HRS NOTICE TO SHOW THE PROPERTY.

Details

Property type

Condominium

Est. home value

$502,738

Lot size

Unknown

Price per sq ft

$321

Year built

2020

Annual property taxes

$9,385

Monthly HOA fee

$187

Price History

05/29/2024
Realcomp

Realcomp #20240037092

Listed
$595,000
+30.2%
01/10/2022
Realcomp

Realcomp #2210057080

Sold
$457,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Novi

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

$156,965
Asking price
$595,000
Closing costs (~8% of asking)
-$47,600
Est. remaining loan balance
-$390,435
Cash to seller
$156,965

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$411,300

Est. remaining balance

$390,435

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Jagadeesh Gangishetti and Mournka Kondabathula

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: 07/07/2024 at 9:30 PM

Listing updated: 06/09/2024 at 5:23 PM

Listed by: Sireesha Bolisetty, Clients First, REALTORS® Phone #: (734) 981-2900

MLS: Realcomp #20240037092

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