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$515,000

Beds
3
Baths
2.5
sq ft
2,296

25801 Cobblers Ln, South Lyon, MI 48178

25801 Cobblers Ln

South Lyon, MI 48178

  • 8 days on market
High-end updated 3-Bedroom, 2.5-Bath Colonial on corner lot. Main floor offers a living room with hardwood flooring ('24), gas fireplace ('24), office, dining room, laundry, half bath, butler's pantry, food pantry, built-in desk, & kitchen. Large kitchen has an island with electricity, quartz countertops ('24), new backsplash & hardware ('24). Stainless steel LG appliances include a gas stove & dishwasher ('23), & GE fridge. Butler's pantry & built in desk have new counter & backsplash ('24). The half-bath has a new faucet, countertop, and toilet ('24). 3 large bedrooms upstairs with new carpet ('24), a full bathroom with quartz countertop & new sink ('24). The basement has been partially insulated ('23) to section off utilities. Trek deck stairs & concrete patio (18x40) installed in '22.

Details

Property type

Single Family Residence

Est. home value

$482,173

Lot size

0.30 acres

Price per sq ft

$225

Year built

2002

Annual property taxes

$5,477

Monthly HOA fee

$18.75

Price History

09/10/2024
Realcomp

Realcomp #81024047786

Listed
$515,000
+50.15%
09/15/2020
Realcomp

Realcomp #2200028018

Sold
$343,000

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

$254,808
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$218,992
Cash to seller
$254,808

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

Seller’s Loan History

Lender

St James Mortgage Corp

Loan start date

September 2020

Original loan amount

$240,000

Est. remaining balance

$218,992

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Alita B Indrei and Tiberiu Indrei

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: 09/19/2024 at 6:10 AM

Listing updated: 09/16/2024 at 12:21 PM

Listed by: Nadia LaPensee, Phone #: (586) 216-4739

MLS: Realcomp #81024047786

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