tomo logo

$475,000

Beds
4
Baths
2.5
sq ft
2,290

5000 Park Rd, Ann Arbor, MI 48103

5000 Park Rd

Ann Arbor, MI 48103

  • 75 days on market
    • Price drop $10,000↓
Charming 4-Bedroom Colonial in a Prime Location – Priced to Sell! Nestled in a peaceful neighborhood next to the Polo Fields community and its amenities, this beautifully updated two-story colonial offers the perfect blend of country charm and city convenience. With no HOA fand lower Scio Township taxes, you'll enjoy all the benefits of suburban living while being just minutes away from everything you need. This home is ideally situated, just 0.2 miles from a bus stop connecting to Ann Arbor, under five minutes to I-94 for easy commuting, and surrounded by shopping, dining, and amenities like Meijer, CVS, Starbucks, and Panera Bread within a one-mile radius. Plus, it’s located in the highly acclaimed Ann Arbor School District. Move-in ready, this home boasts numerous recent upgrades, including a modern kitchen and powder room (2023), a high-efficiency furnace (2022), a new roof (2020), fresh carpet, and paint throughout. With four spacious bedrooms, including an oversized primary suite, and a dedicated office space perfect for working from home, this home meets all your needs. The cozy family room flows into a galley kitchen with a breakfast nook, and a flexible bonus room offers the option for an additional office, formal dining room, or playroom. The finished basement features a recreation room and plenty of unfinished space for storage or expansion, while the oversized 2.5-car garage is finished with built-in storage. Step outside and enjoy outdoor living at its best. Bask in the sun on the deck or gather around the firepit in your fully fenced backyard, complete with privacy vinyl fencing and a storage shed. Don’t miss the chance to make this well-appointed home yours. Schedule a showing today!

Details

Property type

Single Family Residence

Est. home value

$468,675

Lot size

8,276 sq ft

Price per sq ft

$208

Year built

1994

Annual property taxes

$6,787

Price History

01/15/2025
Realcomp

Realcomp #20240084268

Price change
$475,000
-2.06%
01/04/2025
Realcomp

Realcomp #20240084268

Price change
$485,000
-2.41%
11/17/2024
Realcomp

Realcomp #20240084268

Price change
$497,000
+0.4%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$301,602
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$135,398
Cash to seller
$301,602

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

Seller’s Loan History

Lender

New American Mortgage Llc

Loan start date

November 2012

Original loan amount

$190,800

Est. remaining balance

$135,398

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Daria Gorodnia

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: 01/21/2025 at 11:50 PM

Listing updated: 01/19/2025 at 4:30 PM

Listed by: Kerin Goedert, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #20240084268

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