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$649,900

Beds
4
Baths
3.5
sq ft
2,668

38151 Lantern Hill Ct, Farmington Hills, MI 48331

38151 Lantern Hill Ct

Farmington Hills, MI 48331

  • Coming soon
    • Open house Mar 15
As you pull up to this property the curb appeal is undeniable with the beautiful brick façade, craftsman style carriage garage door, professional landscaped lot, and brick paver leading up to the front door. This colonial home built in 1997 is a 2,668 sq. ft., 4 bed, 3.1 bath and is an entertainer’s dream!!! Starting with the luxurious outdoor living space with brick paver patio and a custom pergola with outdoor fan and lighting, which has retractable privacy screens. The custom exterior gas/stone brick fireplace has an adjoining tv area that is great for entertaining while grilling in your outdoor kitchen on your professional grill. As you enter the home you are met with a cathedral ceiling and chandelier. The main floor is entirely hardwood except for the first-floor office and living room, which is carpeted. The living room has custom blinds and is across from the dining room, which is an excellent combo for dinner and drinks with family and friends. The kitchen was remodeled in 2005 with custom cherry cabinets, granite countertops, SS Jenn Air appliances, Bosch dishwasher, and SS hood vented to the outside. The living room has recessed lighting throughout with a stacked stone gas fireplace and custom shades. The first-floor office is the perfect command room for work and has a beautiful view into the backyard. The master bedroom has a cathedral ceiling, electric fireplace, custom shades, custom plantation shutters, oversized master closet (17x6), makeup area with honed granite, limestone tile to ceiling and pendant lighting. The master bath was remodeled in 2012, with a free-standing tub, double vessel sinks, and a custom tile shower with a frame-less shower door. The upstairs full bath was remodeled in 2012 and there are three extra bedrooms with a 2nd floor washer/dryer unit. The basement was completely remodeled in 2014. The stunning wet bar has stacked stone backsplash, granite countertops, and custom cabinetry. There is a projection screen, poker table area, pool table and a full bathroom to entertain.

Details

Property type

Single Family Residence

Est. home value

$581,095

Lot size

9,583 sq ft

Price per sq ft

$244

Year built

1997

Annual property taxes

$9,575

HOA fee

$475

Price History

01/20/2023
Realcomp

Realcomp #20230000036

Sold
$605,000
+31.52%
07/28/2020
Realcomp

Realcomp #2200042987

Sold
$460,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Farmington

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

$475,930
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$121,978
Cash to seller
$475,930

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2023

Original loan amount

$125,000

Est. remaining balance

$121,978

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Karen Speller

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?

Status: Coming Soon

Tomo last checked: 03/04/2025 at 12:10 AM

Listing updated: 03/03/2025 at 4:29 PM

Listed by: David J Maldonado, David J Maldonado, Arterra Luxe Collection LLCArterra Luxe Collection LLC Phone #: (248) 733-5893

MLS: Realcomp #20250012067

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