tomo logo

$575,000

Beds
4
Baths
3.5
sq ft
2,485

25490 Wixom Rd, Novi, MI 48374

25490 Wixom Rd

Novi, MI 48374

  • 63 days on market
FANTASTIC NOVI RANCH IN A GORGEOUS PRIVATE SETTING WITH A FINISHED LOWER LEVEL! THIS LOVELY 4 BEDROOM, 3.5 BATH HOME IS SITUATED ON A BEAUTIFUL 0.61 ACRE LOT. RECENT UPDATES (2023) INCLUDE A TOP TIER GAF LIFETIME ROOFING SYSTEM WITH INTAKE VENTILATION UPGRADE, CHIMNEY REBUILD WITH NEW CROWN, RADON MITIGATION SYSTEM & NEW SUMP PUMP. GREAT ROOM FEATURES VAULTED CEILING, LARGE WINDOWS FOR TONS OF NATURAL LIGHT & GAS FIREPLACE WITH BRICK SURROUND. SPACIOUS KITCHEN BOASTS CENTER ISLAND, LOTS OF CABINET & COUNTER SPACE & NEW HAUSLANE RANGE HOOD. SUNNY BREAKFAST NOOK WITH DOOR WALL TO COVERED PATIO. LARGE PRIMARY SUITE HAS BAY WINDOW, WALK-IN CLOSET WITH BUILT-IN SHELVING & UPDATED EN SUITE BATH OFFERING A JETTED TUB & SEPARATE SHOWER. 3 ADDITIONAL BEDROOMS ON MAIN LEVEL WITH 2 UPDATED FULL BATHS. 1ST FLOOR LAUNDRY ROOM HAS POWER ROOM. FINISHED LOWER LEVEL HAS LARGE REC AREA GREAT FOR ENTERTAINING AND POSSIBLE 5TH BEDROOM. ENJOY THE PRIVACY & TRANQUILITY OF THE EXPANSIVE BACKYARD FROM THE LARGE PATIO THAT FEATURES A COVERED AREA PERFECT FOR OUTDOOR DINING OR RELAXING. 2.5 CAR ATTACHED GARAGE. FULLY TRANSFERABLE COMPLETE HOME WARRANTY GOOD THROUGH JUNE 2027! AWARD WINNING NOVI SCHOOLS. GREAT LOCATION CLOSE TO SHOPPING, EXPRESSWAYS & RESTAURANTS.

Details

Property type

Single Family Residence

Est. home value

$541,287

Lot size

0.61 acres

Price per sq ft

$232

Year built

1989

Annual property taxes

$9,122

Monthly HOA fee

$23.33

Price History

10/25/2024
Realcomp

Realcomp #20240065584

Listed
$575,000
09/19/2024
Realcomp

Realcomp #20240065584

Pending
$575,000
09/03/2024
Realcomp

Realcomp #20240065584

Listed
$575,000
+10.79%

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

$523,887
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$5,113
Cash to seller
$523,887

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2010

Original loan amount

$86,050

Est. remaining balance

$5,113

Interest rate

4.3%

Loan type

New Conventional, 15 year

Seller

Ryan P Schubring and Nancy J Schubring

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 6:30 PM

Listing updated: 10/25/2024 at 3:22 PM

Listed by: Jamey Kramer, RE/MAX Classic Phone #: (248) 348-3000

MLS: Realcomp #20240065584

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