tomo logo

$689,900

Beds
4
Baths
3.5
sq ft
3,104

45588 South Lake Dr, Novi, MI 48377

45588 South Lake Dr

Novi, MI 48377

  • 39 days on market
    • Price drop $10,000↓
***DRASTIC PRICE REDUCTION***DUE TO JOB TRANSFER IN THIS STUNNING BRICK COLONIAL LOCATED IN HIGHLY SOUGHT AFTER BRISTOL CORNERS SUB, FEATURING 4 BEDS 3.5 BATH, 3 CAR ATTACHED GARAGE & FINISHED LOWER LEVEL. 1ST FLOOR EXECUTIVE OFFICE W/CREDENZA. OPEN KITCHEN WITH ISLAND TO FAMILY ROOM WITH FIREPLACE. **SELLER CONCESSION OF $10,000. ALLOWANCE FOR PAINT & CARPETING** THIS HOME OFFERS EXTENSIVE LANDSCAPING,BRICK PAVER PATIO,NEWLY RENOVATED INGROUND TILED HEATED 80X20 KIDNEY SHAPED POOL WITH SEPARATE HOT TUB & WATER FALL FOR GREAT SUMMER BARBECUES AND ENTERTAINING.MASTER SUITE W/VAULTED CEILINGS, MASTER BATH, DOUBLE VANITIES & SINKS.JACUZZI TUB & SHOWER. HUGE MASTER WALK IN CLOSET. NEWLY PAINTED EXTERIOR AND REPLACEMENT WINDOWS IN 2023. IMEDIATE OCCUPANCY. ** WALK TO THE PARK & LAKE**

Details

Property type

Single Family Residence

Est. home value

$684,124

Lot size

0.37 acres

Price per sq ft

$223

Year built

2000

Annual property taxes

$8,175

Monthly HOA fee

$56.25

Price History

08/10/2024
Realcomp

Realcomp #81024036197

Price change
$689,900
-1.43%
07/30/2024
Realcomp

Realcomp #81024036197

Price change
$699,900
-6.54%
07/26/2024
Realcomp

Realcomp #81024036197

Price change
$748,900
-1.45%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

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

$484,943
Asking price
$689,900
Closing costs (~8% of asking)
-$55,192
Est. remaining loan balance
-$149,765
Cash to seller
$484,943

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2023

Original loan amount

$151,000

Est. remaining balance

$149,765

Interest rate

7.76%

Loan type

New Conventional, 26 year

Seller

Ana Bisbikis and Marco Bisbikis

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: 08/24/2024 at 4:30 AM

Listing updated: 08/14/2024 at 5:29 PM

Listed by: Michael Bisbikis, Phone #: (248) 348-3000

MLS: Realcomp #81024036197

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