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$360,000

Beds
2
Baths
2.0
sq ft
1,441

3895 Arbor Dr, Auburn Hills, MI 48326

3895 Arbor Dr

Auburn Hills, MI 48326

  • Pending
This move-in ready condo offers a perfect blend of comfort and convenience. Has updates throughout the unit, a 1st floor laundry, relaxing deck, and the openness that one desires. Although the basement is not finished, it does have two daylight windows and plumbing not only for a bath, but also a kitchen. Enjoy the peace and quiet of the neighborhood while being just minutes away from everything you need.

Details

Property type

Condominium

Est. home value

$373,479

Lot size

Unknown

Price per sq ft

$250

Year built

2002

Annual property taxes

$5,063

Monthly HOA fee

$375

Price History

09/02/2024
Realcomp

Realcomp #20240063230

Pending
$360,000
08/25/2024
Realcomp

Realcomp #20240063230

Listed
$360,000
+24.14%
01/15/2021
Realcomp

Realcomp #2200097631

Sold
$290,000

Schools & Community

Neighborhood: 

Northeast Corner

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

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

$131,360
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$199,840
Cash to seller
$131,360

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

Seller’s Loan History

Lender

Reliance Financial Group

Loan start date

January 2021

Original loan amount

$217,500

Est. remaining balance

$199,840

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Bobby May and Mary May

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 9:30 AM

Listing updated: 09/02/2024 at 4:01 PM

Listed by: Timothy Holden, Max Broock, REALTORS®-Rochester Phone #: (248) 656-6500

MLS: Realcomp #20240063230

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