tomo logo

$699,900

Beds
4
Baths
2.5
sq ft
2,222

311 N Castell Ave, Rochester, MI 48307

311 N Castell Ave

Rochester, MI 48307

  • 2 days on market
Charming 4 bedroom Home in the Heart of Downtown Rochester! Welcome to this charming 4-bedroom, 2.5 bathroom home, perfectly situated in the heart of downtown Rochester! Just steps from the city's best restaurants, boutiques, coffee shops, parks and trails. This home offers the perfect blend of character, charm and convenience! Inside, you'll find a warm and inviting updated space with beautiful details throughout, including a cozy fireplace in the living room - perfect for chilly Michigan evenings. The spacious living and dining areas are great for gatherings, while the kitchen features under-cabinet lighting that adds both style and functionality to the home's appeal. The four comfortable bedrooms provide plenty of flexibility for guests, a home office, or extra storage. Step outside to the inviting front porch, where you can enjoy a peaceful morning cup of coffee. In the backyard, you'll find a true oasis! - a private retreat featuring a beautiful patio with an outdoor fireplace, perfect for cozy evenings, along with raised-bed gardens. This backyard is ideal for relaxing, entertaining, or unwinding in nature. With it's prime location, timeless charm, and serene outdoor spaces, this home is a rare find in one of Metro Detroit's most sought-after downtowns. Experience all that Rochester has to offer - especially during the holiday season when the town glows with dazzling Big Bright Lights!

Details

Property type

Single Family Residence

Est. home value

$660,690

Lot size

6,098 sq ft

Price per sq ft

$315

Year built

1925

Annual property taxes

$7,549

Price History

03/01/2025
Realcomp

Realcomp #20250013360

Listed
$699,900
+55.53%
07/15/2014
Realcomp

Realcomp #214053711

Sold
$450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$332,096
Asking price
$699,900
Closing costs (~8% of asking)
-$55,992
Est. remaining loan balance
-$311,812
Cash to seller
$332,096

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

June 2021

Original loan amount

$339,000

Est. remaining balance

$311,812

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Nicholas G Banda and Kimbrley A Banda

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?

Status: Active

Tomo last checked: 03/04/2025 at 2:30 AM

Listing updated: 03/02/2025 at 4:59 PM

Listed by: Cheryl Wilson, Cheryl Wilson, RE/MAX EclipseRE/MAX Eclipse Phone #: (248) 690-7198

MLS: Realcomp #20250013360

Realcomp logo

Recently listed in Rochester