tomo logo

$525,000

Beds
4
Baths
3.0
sq ft
2,821

42856 Ledgeview Dr, Novi, MI 48377

42856 Ledgeview Dr

Novi, MI 48377

  • 125 days on market
    • Price drop $19,999↓
This 4 bedroom home has almost 4000 square feet of living space including a finished basement. Enjoy formal living & dining rooms on the main level, an open-concept family room & kitchen, and a convenient main floor laundry. Cozy up in front of the family room fireplace on chilly evenings; have a quick cup of coffee while enjoying the nature views from the breakfast nook; or cook for a crowd in the spacious kitchen offering stainless steel appliances & granite countertops. Upstairs, the primary bedroom features a large walk-in closet and a private, ensuite bath with soaking tub, separate shower, and double sinks for busy mornings. Three more upstairs bedrooms share a full bath. The basement is finished for even more space to spread out and includes a half bath for guests. Outdoors, the deck overlooks this beautiful, tree-lined back yard, offering the perfect spot for outdoor dining. Located only 1.4 miles from Lake Shore Park on Walled Lake, and less than a mile from Pavilion Shore Park. Don't miss this home; call for a private tour today!

Details

Property type

Single Family Residence

Est. home value

$538,120

Lot size

0.23 acres

Price per sq ft

$187

Year built

1997

Annual property taxes

$6,537

Monthly HOA fee

$34.58

Price History

08/26/2024
Realcomp

Realcomp #20240047221

Price change
$525,000
-3.67%
08/10/2024
Realcomp

Realcomp #20240047221

Price change
$544,999
-0.91%
07/26/2024
Realcomp

Realcomp #20240047221

Price change
$549,999
-4.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$249,415
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$233,585
Cash to seller
$249,415

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

October 2020

Original loan amount

$277,115

Est. remaining balance

$233,585

Interest rate

2.86%

Loan type

New Conventional, 20 year

Seller

Praveen Chandrasekar Narayan and Charanya Ragothaman

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: 11/05/2024 at 4:30 AM

Listing updated: 10/04/2024 at 9:21 AM

Listed by: Danny O'Brien, Wentworth Real Estate Group Phone #: (810) 955-6600

MLS: Realcomp #20240047221

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