tomo logo

$320,000

Beds
3
Baths
2.5
sq ft
1,515

3718 E Madison Ave, Lake Orion, MI 48359

3718 E Madison Ave

Lake Orion, MI 48359

  • Pending
Welcome home to this beautiful 3-bedroom, 2.5-bath townhouse featuring modern finishes and an open-concept design. The spacious kitchen boasts a large granite island, stainless steel appliances (all included), and ample cabinet space. Enjoy your morning coffee on the private balcony or relax in the inviting living area. The primary suite offers a walk-in closet and en-suite bath. Conveniently located just 5 minutes from the I-75 freeway and within walking distance to restaurants and shops, this townhome offers both comfort and accessibility. With an attached 2-car garage, in-unit laundry, and low-maintenance living, it’s truly move-in ready! Don’t miss out—schedule your showing today! Contact Laura Daniels for a private showing. 586-909-5477

Details

Property type

Townhouse

Est. home value

$318,762

Lot size

1.50 acres

Price per sq ft

$212

Year built

2017

Annual property taxes

$4,354

Monthly HOA fee

$300

Price History

02/22/2025
MiRealSource

MiRealSource #50166921

Pending
$320,000
02/19/2025
MiRealSource

MiRealSource #50166921

Listed
$320,000
+5.96%
11/10/2022
Realcomp

Realcomp #20221043875

Sold
$302,000

Schools & Community

Elementary school: 

Carpenter Year Round

Middle school: 

Waldon

High school: 

Lake Orion

School district: 

Lake Orion 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

$94,983
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$199,417
Cash to seller
$94,983

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2022

Original loan amount

$205,000

Est. remaining balance

$199,417

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Steven Chalut

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: Pending/Under Contract

Tomo last checked: 02/23/2025 at 3:05 PM

Listing updated: 02/22/2025 at 3:42 PM

Listed by: Laura Daniels, Real Estate One Clinton Phone #: (586) 783-7888

MLS: MiRealSource #50166921

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