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$700,000

Beds
4
Baths
3.0
sq ft
1,680

399 N Axford St, Lake Orion, MI 48362

399 N Axford St

Lake Orion Vlg, MI 48362

  • 30 days on market
    • Price drop $50,000↓
Welcome to your secluded sanctuary nestled along the serene shores of Lake Orion. This private Ranch home offers an idyllic retreat on nearly an acre of prime waterfront property, boasting the tranquility of canal frontage on this all-sports lake. Step inside and be greeted by the warmth of an open and airy floor plan, designed to invite natural light and a sense of spaciousness. The heart of the home is a generously sized eat-in kitchen, adorned with abundant cabinets and a large pantry, perfect for culinary enthusiasts and entertainers. Relax and unwind in the inviting living room, complete with a cozy natural fireplace. Downstairs you will find a fully finished walkout basement that is bright with many windows, offering versatile living spaces including a fourth bedroom and the potential for a fifth bedroom or home office. A convenient full bathroom adds functionality to this lower level retreat. Outside, the expansive lot provides ample room for outdoor enjoyment and recreation. Enjoy the large patio with the tranquil canal and experience the of peace and privacy in this rare gem of this home, where every day feels like a vacation in your own private paradise. Updates include new cement patio, landscaping, fresh neutral paint throughout, new fans in bedrooms, new high-efficiency furnace and air conditioner (2017 and 2019 respectively), sprinkler system (2017), new gas stove, new dishwasher, updated outdoor lighting, new windows, garbage disposal, new washer and dryer, wood floors, granite countertops, stainless steel appliances in the kitchen, hot tub installed in 2019, skylights in living room and master bathroom.

Details

Property type

Single Family Residence

Est. home value

$596,644

Lot size

0.93 acres

Price per sq ft

$417

Year built

1998

Annual property taxes

$7,955

Price History

06/12/2024
Realcomp

Realcomp #20240038588

Price change
$700,000
-6.67%
06/04/2024
Realcomp

Realcomp #20240038588

Listed
$750,000
+183.88%
09/02/2016
Realcomp

Realcomp #216067221

Sold
$264,200

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$458,792
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$185,208
Cash to seller
$458,792

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

September 2020

Original loan amount

$202,000

Est. remaining balance

$185,208

Interest rate

2.88%

Loan type

Not Provided, 30 year

Seller

Stephanie Grimes and Michael Grimes

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: 07/04/2024 at 11:10 PM

Listing updated: 06/20/2024 at 6:21 PM

Listed by: Heidi Norris, The Brand Real Estate Phone #: (810) 429-9691

MLS: Realcomp #20240038588

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