tomo logo

$1,399,400

Beds
4
Baths
5.0
sq ft
4,755

5015 Rockaway Ln, Clarkston, MI 48348

5015 Rockaway Ln

Independence Twp, MI 48348

  • 107 days on market
    • Price drop $100↓
Open House ** 9/12/24 ** 5pm-7pm ** Experience luxury living at its finest in this meticulously maintained home with over $360,000 in upgrades and improvements, perfectly positioned on the 9th fairway of the Arthur Hills-designed Oakhurst golf course. Offering breathtaking, uninterrupted views of the course, this beautifully updated brick and limestone estate boasts 4-5 bedrooms, 4 full and 2 half baths, and over 7,800 square feet of thoughtfully designed living space. Upon entering, you'll be welcomed by an elegant marble foyer with clear sightlines through floor-to-ceiling windows in the great room, with soaring 17-foot ceilings and a newly updated stone fireplace. The main floor offers over 4,500 square feet of open, airy living, while the finished, walkout lower level adds another 3,100+ square feet of versatile space with 10-foot ceilings. The primary suite has been thoughtfully updated with new lighting, fresh paint, and plush carpet. Its luxurious en-suite bath features a jacuzzi air tub, new vanity, sinks, faucets, and lighting, providing a spa-like retreat. At the heart of the home is a 27'x17' chef's kitchen, complete with granite countertops, high-end appliances, a wine cooler, and a butler's pantry, perfect for both intimate family meals and large gatherings. Adjacent is a formal dining room that comfortably seats 12, ideal for more elegant occasions. The walkout lower level is designed for seamless indoor/outdoor entertaining, featuring a second full kitchen, theater room, built-in putting course, lounge space, and access to the restored bluestone patio. Additional features include an oversized 3.5-car garage with epoxy flooring, new lighting, hot/cold water, and heat along with a spacious temperature-controlled workshop/tool room and upstair bonus/craft room. This home is equipped with a newer Generac generator, Trane HVAC systems, water heater, roof, and much more, ensuring that it's move-in ready. Whether you're hosting guests or enjoying the serene surroundings, this home offers unparalleled comf

Details

Property type

Single Family Residence

Est. home value

$1,272,136

Lot size

0.38 acres

Price per sq ft

$295

Year built

2000

Annual property taxes

$13,491

Monthly HOA fee

$157.58

Price History

09/09/2024
Realcomp

Realcomp #5050154552

Price change
$1,399,400
-0.01%
09/06/2024
Realcomp

Realcomp #5050154552

Listed
$1,399,500
+7.74%
03/01/2024
Realcomp

Realcomp #20230097450

Removed
$1,299,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

School district: 

Clarkston

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

$1,064,042
Asking price
$1,399,400
Closing costs (~8% of asking)
-$111,952
Est. remaining loan balance
-$223,406
Cash to seller
$1,064,042

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

January 2021

Original loan amount

$288,000

Est. remaining balance

$223,406

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Arthur Hanlon and Linda Hanlon

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?

Similar Homes Nearby

Realcomp
$1,275,000
4 bd
|
3.5 ba
|
3,215 sq ft
|
House

452 Herrington Dr, Lake Orion, MI 48362

Realcomp
$1,250,000
4 bd
|
3.5 ba
|
3,144 sq ft
|
House

1285 Lake Shore Blvd, Lake Orion, MI 48362

Realcomp
$1,375,000
6 bd
|
8 ba
|
5,664 sq ft
|
House

5003 Rockaway Ln, Clarkston, MI 48348

Status: Active

Tomo last checked: 12/23/2024 at 9:35 AM

Listing updated: 09/18/2024 at 5:31 PM

Listed by: Michael J Davidson, REMAX Right Choice Phone #: (810) 686-8667

MLS: Realcomp #5050154552

Realcomp logo

Recently listed in Independence Twp