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$250,000

Beds
4
Baths
3.0
sq ft
2,362

5004 Carroll Lake Rd, Commerce Township, MI 48382

5004 Carroll Lake Rd

Commerce Twp, MI 48382

  • 36 days on market
    • Price drop $10,000↓
Spacious historic Farmhouse in desirable Commerce Township! 4 sunlit bedrooms and 3 full baths. Over 2300 square foot will give you space to grow! Living room and family room, spacious kitchen, formal dining area, first floor laundry and walkout to deck. Home sits on just under an acre and has convenient access to shopping, restaurants with fine dining and excellent schools. Great property for you to call home because here you will have yesteryear charm and a country feeling.

Details

Property type

Single Family Residence

Est. home value

$320,134

Lot size

0.91 acres

Price per sq ft

$106

Year built

1930

Annual property taxes

$3,462

Price History

09/21/2024
Realcomp

Realcomp #20240062864

Price change
$250,000
-3.85%
08/23/2024
Realcomp

Realcomp #20240062864

Listed
$260,000
+36.91%
12/21/2018
Realcomp

Realcomp #218093225

Sold
$189,900
+120.84%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$61,885
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$168,115
Cash to seller
$61,885

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

December 2018

Original loan amount

$186,459

Est. remaining balance

$168,115

Interest rate

4.83%

Loan type

FHA, 30 year

Seller

Joseph P Field

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: 09/29/2024 at 3:15 AM

Listing updated: 09/21/2024 at 12:11 PM

Listed by: David Witt, BHHS Heritage Real Estate Phone #: (517) 546-6440

MLS: Realcomp #20240062864

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