tomo logo

$950,000

Beds
3
Baths
3.5
sq ft
2,281

509 Orchard Hills Dr, Ann Arbor, MI 48104

509 Orchard Hills Dr

Ann Arbor, MI 48104

  • 11 days on market
Tudor meets Tesla! Nestled among trees, this beautifully maintained 3B, 3.5B home offers 3,045 sq/ft of historic charm and modern updates, with A+ views-- Recent upgrades include full re-wiring, new HVAC, Tesla solar backup, and a brick patio/retaining wall. The bright layout features exposed beams, arched doorways, and stone and marble floors. The living room has a cozy fireplace, and the dining room offers hillside views. The kitchen includes a Viking range, Sub-Zero fridge, and walk-in pantry. The primary bedroom has a fireplace and walk-in closet. The walk-out basement has a fireplace, kitchen, bath, and private entrance, offering potential for an apartment. Plus, 200+ SF of finished attic space, a detached shed and greenhouse for creativity!

Details

Property type

Single Family Residence

Est. home value

$949,376

Lot size

0.28 acres

Price per sq ft

$417

Year built

1920

Annual property taxes

$19,694

Price History

09/05/2024
Realcomp

Realcomp #81024046558

Listed
$950,000
+19.2%
08/15/2022
Realcomp

Realcomp #543289383

Sold
$797,000
+20.3%
07/29/2019
Realcomp

Realcomp #543264542

Sold
$662,500

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

$585,289
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$288,711
Cash to seller
$585,289

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

August 2022

Original loan amount

$297,000

Est. remaining balance

$288,711

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Charles Hiroshi Garrett and Saleema Bashir Waraich

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
$969,000
4 bd
|
3.5 ba
|
3,060 sq ft
|
House

1212 Wells St, Ann Arbor, MI 48104

Realcomp
$979,000
5 bd
|
3 ba
|
3,200 sq ft
|
House

3400 Andover Rd, Ann Arbor, MI 48105

Realcomp
$1,090,000
4 bd
|
2.5 ba
|
2,400 sq ft
|
House

3091 Warwick Rd, Ann Arbor, MI 48104

Status: Active

Tomo last checked: 09/16/2024 at 4:15 PM

Listing updated: 09/14/2024 at 3:51 PM

Listed by: Samuel Vail, Phone #: (734) 930-0200

MLS: Realcomp #81024046558

Realcomp logo

Recently listed in Ann Arbor

$295,000|3 bd|2.0 ba|Condo
$775,000|4 bd|3.5 ba|House
$729,900|4 bd|3.5 ba|House
$270,000|2 bd|1.5 ba|Condo
$305,000|2 bd|2.0 ba|Condo
$624,900|4 bd|4.0 ba|House
$879,000|4 bd|2.0 ba|House
$2,895,000|5 bd|7.0 ba|House