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$585,900

Beds
3
Baths
3.5
sq ft
2,143

48280 Elmwood Dr, Shelby Township, MI 48315

48280 Elmwood Dr

Shelby Twp, MI 48315

  • 72 days on market
    • Price drop $40,000↓
Great Ranch Home with large windows, deck, finished basement with wet bar, 2 way fireplace in the great room

Details

Property type

Single Family Residence

Est. home value

$557,144

Lot size

0.24 acres

Price per sq ft

$274

Year built

1994

Annual property taxes

$5,239

Monthly HOA fee

$16.67

Price History

10/29/2024
Realcomp

Realcomp #20240063136

Price change
$585,900
-6.39%
10/24/2024
Realcomp

Realcomp #20240063136

Price change
$625,900
-3.71%
10/11/2024
Realcomp

Realcomp #20240063136

Price change
$650,000
-0.91%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

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

$390,513
Asking price
$585,900
Closing costs (~8% of asking)
-$46,872
Est. remaining loan balance
-$148,515
Cash to seller
$390,513

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2009

Original loan amount

$225,000

Est. remaining balance

$148,515

Interest rate

4.82%

Loan type

Not Provided, 30 year

Seller

Dan Gligorea and Sorin Gligorea

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 8:40 AM

Listing updated: 10/29/2024 at 10:20 PM

Listed by: Valentin Avasiloaie, ERA Prime Real Estate Group Phone #: (248) 474-3303

MLS: Realcomp #20240063136

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