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$274,999

Beds
3
Baths
3.0
sq ft
1,743

5000 Town Ctr Unit 2606, Southfield, MI 48075

5000 Town Ctr Unit 2606

Southfield, MI 48075

  • 60 days on market
    • Price drop $5,000↓
Just Reduced! Contact Jeniece for scheduling bc This Deal keeps getting better! The Town Center is an undeniable Oakland County favorite. This Modern/Post-modern landmark known for its figure-8 architecture high-rise unlike any private residence you can find in the suburbs. Walk into a grand travertine marble coated lobby and hallways with 24 hour doorman security, private mailboxes, heated outdoor pool with a huge trex deck enclosure, fitness room, tennis courts, saunas, grand conference room and bar, all included with HOA. walking distance to Southfield civic center, park and trails, public library, and 9-hole golf course. You'll never have to feel the winter chills again with two designated parking spaces in a gated garage accessible directly via an underground tunnel, or the option for valet. Notably managed for its peaceful living environment, this particular model offers panoramic views of Michigans cotton candy sunrise and sunsets, or miles of fireworks on the 4th of July 26 stories high. Newly updated throughout with stainless steel appliances, luxury vinyl flooring, new high-end washer and dryer, and quartz kitchen cabinets that will lead you to a sprawling 8 panel, floor-to-ceiling windows where you'll get lost amidst not one, but two* renovated master bathroom suites, 3rd bedroom and bathroom, and two* spacious foyers. Located in the heart of the city amidst the M-10 and I696 intersection to get anywhere you need to be in just minutes. Act Fast, It doesn't get better than this!

Details

Property type

Condominium

Est. home value

$272,935

Lot size

Unknown

Price per sq ft

$158

Year built

1982

Annual property taxes

$6,417

Monthly HOA fee

$822

Price History

05/24/2024
Realcomp

Realcomp #20240029184

Price change
$274,999
-1.79%
05/14/2024
Realcomp

Realcomp #20240029184

Price change
$279,999
-1.72%
05/01/2024
Realcomp

Realcomp #20240029184

Listed
$284,900
-1.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Tennis Court(s)

School district: 

Southfield Public Schools

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

$65,181
Asking price
$274,999
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$187,818
Cash to seller
$65,181

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

Seller’s Loan History

Lender

Level One Bank

Loan start date

March 2021

Original loan amount

$202,650

Est. remaining balance

$187,818

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Crysta Tyus

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: 06/30/2024 at 11:00 PM

Listing updated: 05/25/2024 at 4:23 AM

Listed by: Jeniece Faranso, Real Estate One-W Blmfld Phone #: (248) 851-4100

MLS: Realcomp #20240029184

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