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$685,000

Beds
4
Baths
4.0
sq ft
3,412

273 Franklin Wright Blvd, Lake Orion, MI 48362

273 Franklin Wright Blvd

Orion Twp, MI 48362

  • Pending
Gorgeous, spacious, updated home in fantastic community, walkable to downtown Lake Orion, offers spectacular lake views and subdivision beach area. Floor plan offers entry-level office, formal dining, great room PLUS living room (that share a fireplace), breakfast nook, spacious kitchen with stainless steel appliances and butler pantry, large laundry room, full bath and custom-built drop zone. Luxury primary suite has views of Long Lake, vaulted ceiling, huge updated bath with over-sized shower and soaking tub, double sinks and enormous closet, plus two more closets. Walkout level is finished w/ full bath. Updates/Upgrades: All NEW windows (2021); Furnace and A/C (2016); Engineered Hard Wood Flooring; WIFI Sprinklers and Alarms; Generator Transfer Switch; Smoke Detectors; Whole House Air Filter; Interior and Exterior Lighting; Carpet; Appliances; Ceiling Fans; Smart Outlets Above Kitchen Cabinets; Composite Deck. Seller will need possession through 11/19.

Details

Property type

Single Family Residence

Est. home value

$797,337

Lot size

0.33 acres

Price per sq ft

$201

Year built

2000

Annual property taxes

$9,568

Monthly HOA fee

$20.83

Price History

09/15/2024
Realcomp

Realcomp #20240066324

Pending
$685,000
09/05/2024
Realcomp

Realcomp #20240066324

Listed
$685,000
+71.25%
06/01/2015
Realcomp

Realcomp #215028486

Sold
$400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$308,061
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$322,139
Cash to seller
$308,061

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$371,000

Est. remaining balance

$322,139

Interest rate

2.97%

Loan type

New Conventional, 20 year

Seller

Krista Russo and David Russo

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: Pending/Under Contract

Tomo last checked: 09/17/2024 at 11:00 PM

Listing updated: 09/15/2024 at 8:21 PM

Listed by: Lynn L Avey, Berkshire Hathaway HomeServices Michigan Real Est Phone #: (248) 625-5700

MLS: Realcomp #20240066324

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Recently listed in Orion Twp