tomo logo

$465,000

Beds
5
Baths
3.5
sq ft
2,324

316 Summer Shade Dr, Howell, MI 48843

316 Summer Shade Dr

Marion Twp, MI 48843

  • 62 days on market
    • Price drop $10,000↓
Come explore this beautifully maintained 5-bedroom, 3-bath colonial in the highly sought-after Maple Farms subdivision, offering a serene country setting with modern conveniences. The fully finished walkout basement (completed in 2013) features a private entrance, additional bedroom, bathroom, family room, and full kitchen w/ island, making it ideal for multigenerational living. The basement features bathroom includes 3-piece plumbing and a zero-threshold shower for easy accessibility. The kitchen boasts stunning maple cabinets, a spacious 4-seat island, a pantry with French doors, and a beautiful stone backsplash. The corner stainless-steel sink offers picturesque views of the woods and the sunrise. The open-concept layout seamlessly connects the kitchen to the great room, highlighted by a stone-finished natural fireplace—perfect for cozy Michigan nights. Throughout the main living areas, you'll find gorgeous 5" Bella rosewood plank floors. The grand 2-story foyer leads to a wide staircase, opening up to the living room and the upstairs. The master suite is a true retreat with tray ceilings, two walk-in closets, and a luxurious master bath featuring a shower and soaking tub. Additional upgrades include "nuwool" insulation with an R49 rating (added in 2009), security and generator wiring, and professional landscaping, all enhancing both comfort and curb appeal.

Details

Property type

Single Family Residence

Est. home value

$456,712

Lot size

0.23 acres

Price per sq ft

$201

Year built

2003

Annual property taxes

$4,507

Monthly HOA fee

$27.08

Price History

11/11/2024
Realcomp

Realcomp #20240079703

Price change
$465,000
-2.11%
10/21/2024
Realcomp

Realcomp #20240079703

Listed
$475,000
+7.98%
06/17/2022
Realcomp

Realcomp #2220025993

Sold
$439,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Howell

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

$46,798
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$381,002
Cash to seller
$46,798

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

Seller’s Loan History

Lender

Luxury Mortgage Corp

Loan start date

June 2022

Original loan amount

$395,910

Est. remaining balance

$381,002

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Michael Robert Lafontaine

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: 12/23/2024 at 11:35 AM

Listing updated: 11/11/2024 at 10:05 AM

Listed by: Stacy M Ramsay, RE/MAX Leading Edge Phone #: (313) 277-7777

MLS: Realcomp #20240079703

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