tomo logo

$435,000

Beds
4
Baths
3.5
sq ft
3,760

28533 River Crest Dr, Southfield, MI 48034

28533 River Crest Dr

Southfield, MI 48034

  • 32 days on market
Great opportunity to own this recently foreclosed home. Seller is motivated and ready to make a deal. This 1.06 acre sprawling ranch has beautiful private exterior views from all angles of the property. Windows all around allow for tons of natural light. The home features four bedrooms three full...two half baths. Large formal living room and dining room open to the first of two enclosed patios. Family room has the first of two fireplaces. Kitchen has plenty of storage and counter space with views, as well as access second enclosed patio. Bedrooms all have large closets... and access or views of exterior of home. Master has large walk-in closet and separate sitting area and the second fireplace. Master bath has a whirlpool tub with separate shower. There are two additional full baths on the main floor as well as a half bath. First floor laundry with plenty of storage space. Basement is finished with updated electrical...two furnaces and two a/c units... and waterless tank. Seller is excluding all appliances and workout equipment in the home. Property is being sold as-is seller will make no repairs.

Details

Property type

Single Family Residence

Est. home value

$527,129

Lot size

1.08 acres

Price per sq ft

$116

Year built

1969

Annual property taxes

$13,459

Price History

06/18/2024
Realcomp

Realcomp #20240036870

Listed
$435,000
06/10/2024
Realcomp

Realcomp #20240036870

Removed
$435,000
05/29/2024
Realcomp

Realcomp #20240036870

Listed
$435,000
+19.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public Schools

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

$135,845
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$264,355
Cash to seller
$135,845

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 Inc

Loan start date

January 2019

Original loan amount

$291,200

Est. remaining balance

$264,355

Interest rate

4.81%

Loan type

Not Provided, 30 year

Seller

Michael A Burley

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: 06/30/2024 at 10:25 PM

Listing updated: 06/18/2024 at 9:34 AM

Listed by: Yvette Goynes, RE/MAX New Trend Phone #: (248) 553-5050

MLS: Realcomp #20240036870

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Recently listed in Southfield