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$575,000

Beds
3
Baths
2.5
sq ft
2,379

48896 Kings Dr, Shelby Township, MI 48315

48896 Kings Dr

Shelby Twp, MI 48315

  • 4 days on market
Builders MODEL Home. Updated Kitchen Featuring Granite & Hardwood Cabinets. Lots of Natural Light w/ Skylights & Vaulted ceiling in Dinning Room. New Modern Grey Luxury Vinyl Throughout Home. Vaulted Ceilings in the Living Room with Granite Enclosed Natural Fire Place. First Floor Primary Bedroom. French Door Entry to Den/Office (4th Bedroom) Updated Light Fixtures Throughout. 2 Car Garage w/ EPOXY Floor. Beautiful Sprawling Custom Stamped Concrete Patio. Sprinkler System w/dedicated water meter. 30 day Occupancy

Details

Property type

Single Family Residence

Est. home value

$469,586

Lot size

0.28 acres

Price per sq ft

$242

Year built

1997

Annual property taxes

$5,951

HOA fee

$300

Price History

03/10/2025
Realcomp

Realcomp #20250015849

Listed
$575,000
+105.36%
01/26/2016
Realcomp

Realcomp #215126724

Sold
$280,000

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

$305,139
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$223,861
Cash to seller
$305,139

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

September 2016

Original loan amount

$274,928

Est. remaining balance

$223,861

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Ray Mamou and Lubna Mamou

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?

Status: Active

Tomo last checked: 03/15/2025 at 5:45 AM

Listing updated: 03/15/2025 at 12:09 AM

Listed by: Monica Shamami, Realty Executives Home Towne Phone #: (586) 726-4600

MLS: Realcomp #20250015849

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