tomo logo

$497,000

Beds
4
Baths
2.5
sq ft
2,290

5000 Park Rd, Ann Arbor, MI 48103

5000 Park Rd

Ann Arbor, MI 48103

  • 14 days on market
Discover the charm of a country retreat with all the conveniences of city living! This updated Two-Story Colonial in Scio Township is just minutes from downtown Ann Arbor, close to shopping, dining, hotels, and I-94. Located in the highly acclaimed Ann Arbor School District, this home features a spacious Master Suite and recent upgrades, including a new roof (July 2020), a high-efficiency furnace (2022), a hot water heater, and new carpet and paint. The refreshed bathrooms and modern kitchen add to the appeal, alongside 4 bedrooms, 2.5 baths, formal living and dining rooms, and a cozy family room flowing seamlessly into the kitchen. Enjoy additional space in the finished basement recreation room, complete with ample storage. Outside, you'll find an oversized attached two-car attached garage, a storage shed, a fully fenced backyard, and the benefit of low township taxes! Don’t miss your chance to call this home yours!

Details

Property type

Single Family Residence

Est. home value

$468,675

Lot size

8,276 sq ft

Price per sq ft

$218

Year built

1994

Annual property taxes

$6,787

Price History

11/17/2024
Realcomp

Realcomp #20240084268

Price change
$497,000
+0.4%
11/17/2024
Realcomp

Realcomp #20240084268

Price change
$495,000
-3.88%
11/07/2024
Realcomp

Realcomp #20240084268

Listed
$515,000
+34233.33%

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

$320,920
Asking price
$497,000
Closing costs (~8% of asking)
-$39,760
Est. remaining loan balance
-$136,320
Cash to seller
$320,920

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

$136,320

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: 11/21/2024 at 7:45 PM

Listing updated: 11/18/2024 at 5:00 PM

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

MLS: Realcomp #20240084268

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