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$1,199,999

Beds
4
Baths
3.0
sq ft
2,600

321 W 2nd St, Rochester, MI 48307

321 W 2nd St

Rochester, MI 48307

  • 44 days on market
    • Price drop $50,001↓
Ready to count down to your new home? 3...2...1... Welcome to 321 2nd St, steps from Main St Downtown Rochester, a hard-to-find turnkey built in 2020. There is no hassle of finishing basements or needing landscaping or irrigation. This custom modern Craftsman style with stone and wood elevation features a two-story-covered porch with an 8' Thermatru stained entry door next door to an unbuildable wooded green space lot! Soaring 10' ceilings on the main floor, Anderson windows throughout, solid wide plank oak beautifully stained hardwoods on the main floor, and motorized blinds throughout the main level and in the primary bedroom! 10' ft deep fully finished walkout basement! Custom entertainers kitchen with a wall of windows overlooking the large fenced backyard, Beautiful shaker custom Lafata shaker cabinets to the ceiling with lighted display cabinets, premium Quartz Carrara counters throughout, Huge island with Kohler cast iron farm sink, and Kohler farm style faucet complete with premium KitchenAid stainless convection combo microwave wall oven, stainless Bosch dishwasher and stainless cooktop! It comes with State-of-the-art landscaping, natural stone stairs leading to a brick paver patio, and a maintenance-free Trex deck with a spiral staircase outside, all built in 2023.  Pool table & basement wine cellar beverage center under-counter fridge/freezer and a huge 800lb safe included with sale. Newly painted with new carpet.

Details

Property type

Single Family Residence

Est. home value

$866,871

Lot size

6,534 sq ft

Price per sq ft

$462

Year built

2020

Annual property taxes

$12,180

Price History

11/30/2024
Realcomp

Realcomp #20240084505

Price change
$1,199,999
-7.69%
11/08/2024
Realcomp

Realcomp #20240084505

Listed
$1,300,000
+54.76%
05/12/2021
Realcomp

Realcomp #2200088397

Sold
$840,000

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

$405,372
Asking price
$1,199,999
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$698,627
Cash to seller
$405,372

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2021

Original loan amount

$755,916

Est. remaining balance

$698,627

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Richard Inez

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: 12/22/2024 at 5:00 PM

Listing updated: 11/30/2024 at 1:15 PM

Listed by: Angela E Aronson, Berkshire Hathaway HomeServices Michigan Real Est Phone #: (248) 625-5700

MLS: Realcomp #20240084505

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