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$270,000

Beds
2
Baths
1.5
sq ft
1,301

2860 Trailwood Dr, Rochester Hills, MI 48309

2860 Trailwood Dr

Rochester Hills, MI 48309

  • Pending
This condo is in the absolute best location. Directly across from Oakland University and the Rochester Village Mall. Moments away from downtown Rochester and I-75/M-59. This 2 bedroom, 1-1/2 bath condo also features a finished basement and attached 2 car garage. The condo is an end unit and is adjacent to additional parking spots for guests. The many updates include garage door and opener, air conditioner, renovated full bath, interior paint (2023), roof (2021), renovated kitchen with new stainless steel appliances, flooring, renovated powder room, recessed lights, digital thermostat, electrical panel, fireplace, basement ceiling tiles, light fixtures (2020) and furnace (2015). The development features a club house and community pool for enjoyment. All this plus award winning Rochester Schools. Do not miss this rare opportunity for affordable living in Rochester Hills.

Details

Property type

Condominium

Est. home value

$265,095

Lot size

Unknown

Price per sq ft

$208

Year built

1975

Annual property taxes

$3,189

Monthly HOA fee

$330

Price History

11/18/2024
Realcomp

Realcomp #20240083793

Pending
$270,000
11/06/2024
Realcomp

Realcomp #20240083793

Listed
$270,000
+12.97%
10/15/2021
Realcomp

Realcomp #2210074225

Sold
$239,000
+33.89%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Rochester

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

$32,287
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$216,113
Cash to seller
$32,287

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

Seller’s Loan History

Lender

Hall Financial Group

Loan start date

October 2021

Original loan amount

$231,830

Est. remaining balance

$216,113

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Jared Suddon

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: 11/22/2024 at 9:05 AM

Listing updated: 11/18/2024 at 1:35 PM

Listed by: Cheryl L Waring, RE/MAX Eclipse Clarkston Phone #: (248) 599-3124

MLS: Realcomp #20240083793

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