tomo logo

$1,100,000

Beds
5
Baths
3.5
sq ft
3,355

4520 Stony River Dr, Bloomfield Hills, MI 48301

4520 Stony River Dr

Bloomfield Twp, MI 48301

  • 42 days on market
    • Price drop $50,000↓
This exquisitely remodeled 5-bedroom, 3.5-bath home, with finished walkout basement and Bloomfield Hills schools district, sits on over half an acre land in one of Bloomfield's prime locations, just a short walk from the historic Franklin Cider Mill. With over 3,350 square feet of beautifully designed living space, the home boasts an open, airy layout, enhanced by newly installed windows that fill the interior with natural light. The gourmet kitchen, recently updated with custom solid wood cabinetry, granite countertops, and premium stainless steel appliances, is a chef’s dream. A first-floor library/office provides an ideal space for working from home. Every bathroom has been thoughtfully remodeled with high-end finishes. The home also features new flooring throughout, a new contemporary fireplace, and freshly painted interiors. The master suite is a standout, offering a spacious retreat with a newly renovated bathroom and updated flooring. The fully finished walkout basement is another highlight, adding an impressive 2,000 square feet of living space. Complete with a second kitchen and full bath, it’s perfect for extended family, guests, or a dedicated entertainment area. The outdoor space is equally impressive, with a newly paved driveway, beautifully landscaped grounds, a maintenance-free new Trex deck perfect for outdoor gatherings and a professionally installed retaining wall. The home is located within the boundaries of the nationally recognized and awarded Bloomfield Schools, making it an excellent choice for families. With all these recent upgrades, including new recessed lighting throughout, this home offers both luxury and practicality. It’s a must-see to truly appreciate all it has to offer!

Details

Property type

Single Family Residence

Est. home value

$599,506

Lot size

0.56 acres

Price per sq ft

$328

Year built

1979

Annual property taxes

$7,886

Price History

11/06/2024
Realcomp

Realcomp #20240075876

Price change
$1,100,000
-4.35%
10/07/2024
Realcomp

Realcomp #20240075876

Listed
$1,150,000
+101.75%
01/31/2024
Realcomp

Realcomp #20230105238

Sold
$570,000
+3.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomfield Hills

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

$616,042
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$395,958
Cash to seller
$616,042

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

Seller’s Loan History

Lender

Nexa Mortgage Llc

Loan start date

January 2024

Original loan amount

$399,000

Est. remaining balance

$395,958

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Duraid Hadi

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?

Similar Homes Nearby

Realcomp
$1,100,000
5 bd
|
4.5 ba
|
3,732 sq ft
|
House

5750 Sunnycrest Dr, West Bloomfield, MI 48323

Realcomp
$999,900
4 bd
|
4 ba
|
3,227 sq ft
|
House

27170 Gardenway Rd, Franklin, MI 48025

Realcomp
$1,225,000
4 bd
|
4 ba
|
5,630 sq ft
|
House

5455 Franklin Rd, Bloomfield Hills, MI 48302

Status: Active

Tomo last checked: 11/19/2024 at 3:55 PM

Listing updated: 11/06/2024 at 1:00 PM

Listed by: Nadia F Dalou, Max Broock Realtors Phone #: (248) 851-4100

MLS: Realcomp #20240075876

Realcomp logo