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$369,099Estimated home value

Beds
4
Baths
2.5
sq ft
3,200

35537 Ridge Rd, Richmond, MI 48062

35537 Ridge Rd

Richmond, MI 48062

  • Sold On 5/31/2022
Stunning Downtown Richmond Victorian has all you need and more. Beautiful entry staircase, spacious Parlor with fireplace, modern Kitchen w/pantry, (stove, wine refrigerator stay). Formal Dining Room with Butler's Pantry (all dining furniture included.), Breakfast Nook, huge Family Room with wood burning stove, dry bar, and built-in stereo (4 couches + 2 end tables included.) Expansive Master Suite with separate Dressing Room and a plethora of closet space also includes large Master Bathroom and Sauna. Additional bedrooms are generously sized, two of which offer walk-in closets. Second floor laundry (washer & dryer included.) Newer (2018) vinyl windows throughout entire home! Large basement (not a Michigan basement) offers tons of additional storage. Ornate woodwork and intricate hardware throughout the house adds additional charm. Enjoy your private yard from the deck, around the built-in firepit, or under the covered patio. Carriage house also offers additional storage for yard tools. 2 car garage is deeper than a typical 2-car and is also heated and plumbed, perfect to set up a workshop. Walk to downtown Richmond and enjoy shopping and dining, or walk the Macomb Orchard Trail nearby.

Details

Property type

Single Family Residence

Est. home value

$369,099

Lot size

0.25 acres

Price per sq ft

$117

Year built

1903

Annual property taxes

$5,888.18

Price History

11/05/2024
Realcomp

Realcomp #58050158682

Removed
$650,000
10/18/2024
Realcomp

Realcomp #58050158682

Listed
$650,000
+83.1%
05/31/2022
MiRealSource

MiRealSource #50071790

Sold
$355,000
+46.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Richmond Community Schools

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

$69,655
Asking price
$373,000
Closing costs (~8% of asking)
-$29,840
Est. remaining loan balance
-$273,505
Cash to seller
$69,655

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

May 2022

Original loan amount

$284,000

Est. remaining balance

$273,505

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Deylan Frady

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: Off Market

Tomo last checked: 11/05/2024 at 11:25 PM

Listing updated: 04/04/2023 at 10:33 AM

Listed by: Mario Como, Berkshire Hathaway HomeServices Kee Realty SCS Phone #: (586) 774-2300

MLS: MiRealSource #50071790

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