tomo logo

$279,900

Beds
3
Baths
1.5
sq ft
1,160

41561 Cornell Dr, Novi, MI 48377

41561 Cornell Dr

Novi, MI 48377

  • 21 days on market
    • Price drop $10,000↓
This beautifully updated 2-story colonial condo is move-in ready and features 3 spacious bedrooms and 1.1 baths. The home boasts a new roof installed in 2023, along with an updated HVAC system and hot water tank, both replaced in 2020. Hardwood floors run throughout the entire home, complemented by new light fixtures for a fresh, modern feel. The kitchen is equipped with new appliances, and a brand new washer and dryer. The deck has been recently refurbished, and the home features a new sump pump with battery backup for added peace of mind. Enjoy the community pool and clubhouse, along with all-new outdoor lighting that enhances the exterior. This home offers a perfect blend of comfort and convenience! Seller is very motivated.

Details

Property type

Condominium

Est. home value

$277,841

Lot size

Unknown

Price per sq ft

$242

Year built

1992

Annual property taxes

$3,569

Monthly HOA fee

$380

Price History

09/09/2024
Realcomp

Realcomp #20240062680

Price change
$279,900
-3.45%
08/22/2024
Realcomp

Realcomp #20240062680

Listed
$289,900
+65.66%
06/19/2020
Realcomp

Realcomp #219116651

Sold
$175,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Walled Lake

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

$65,966
Asking price
$279,900
Closing costs (~8% of asking)
-$22,392
Est. remaining loan balance
-$191,542
Cash to seller
$65,966

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$198,000

Est. remaining balance

$191,542

Interest rate

6.27%

Loan type

New Conventional, 20 year

Seller

Tamara Roe and William Roe

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: 09/12/2024 at 9:10 PM

Listing updated: 09/09/2024 at 10:51 AM

Listed by: Fadi Fawzi, EXP Realty LLC Phone #: (248) 937-1337

MLS: Realcomp #20240062680

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