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$1,195,000

Beds
5
Baths
3.5
sq ft
3,139

3120 Pond Rd, Leonard, MI 48367

3120 Pond Rd

Addison Twp, MI 48367

  • 93 days on market
    • Price drop $55,000↓
This property is not just a house but a sanctuary waiting to be explored. Nestled in a serene setting reminiscent of a park, it boasts a charming gazebo, delightful playscape, quaint bridge, along with paved patios and scenic walking paths. From the expansive multi-level deck to the private dock and beach, there are many spots designed for enjoying the outdoors. Meticulously designed with quality and convenience in mind, every detail of this home exudes craftsmanship. The heart of the home lies in the spacious eat-in kitchen, featuring a large breakfast island and cozy nook, perfect for gatherings and culinary adventures. Indulge in gourmet amenities including LaFata cabinets, custom tilework, a convenient pot filler, prep sink and stunning granite countertops. Abundant storage is provided by ample cabinets and a walk-in pantry. High-end appliances ensure top-notch functionality, including a six-burner gas range with griddle, built-in microwave, wall oven, two dishwashers and a paneled refrigerator. Entertain in style in the grand formal dining room, adjacent to the inviting living room adorned with vaulted ceilings, oversized windows, and a warm fireplace. The main floor master suite offers a private retreat with a secluded deck, picturesque lake views, dual closets and a spa-like bathroom boasting a soaking tub and walk-in shower. Convenience is key with the main floor laundry room equipped with ample storage and counter space. The finished walk-out basement provides additional living space, ideal for a guest apartment, with two generously sized bedrooms, a family room featuring a charming stone fireplace and a second full kitchen complete with stainless steel appliances, pot filler and cozy breakfast bar. Completing this impressive package is an oversized three-car garage, which includes its own HVAC system, ensuring comfort and convenience year-round. Don't miss out on the opportunity to own this exceptional lakefront home, a rare gem like this is usually passed down through generations.

Details

Property type

Single Family Residence

Est. home value

$1,293,215

Lot size

3.09 acres

Price per sq ft

$381

Year built

1993

Annual property taxes

$7,239

Price History

07/03/2024
Realcomp

Realcomp #20240021563

Price change
$1,195,000
-4.4%
04/05/2024
Realcomp

Realcomp #20240021563

Listed
$1,250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oxford

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

$1,053,012
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$46,388
Cash to seller
$1,053,012

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

May 2007

Original loan amount

$200,000

Est. remaining balance

$46,388

Interest rate

6.16%

Loan type

New Conventional, 20 year

Seller

Randolph S Chabot and Joyce Chabot

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: 07/07/2024 at 6:35 PM

Listing updated: 07/03/2024 at 1:23 PM

Listed by: Sherry L Pyszczynski, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240021563

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