tomo logo

$515,000

Beds
4
Baths
2.5
sq ft
2,758

51407 Midland Cir, Macomb, MI 48042

51407 Midland Cir

Macomb Twp, MI 48042

  • 46 days on market
    • Price drop $10,000↓
Welcome to this beautifully updated colonial home. This home boasts a grand 2-story foyer that sets the stage. The 2-story great room, with its cozy fireplace and expansive windows, floods the space with natural light, creating a warm and inviting atmosphere. The spacious kitchen is a chef's delight, featuring island bar seating and a charming breakfast nook. Adjacent to the kitchen, a versatile library room awaits, ideal as a home office or extra living space. The formal dining room is perfect for hosting gatherings, while the convenience of a first-floor laundry room adds to the home's functionality. Upstairs, the primary ensuite is a private retreat, complete with a luxurious bathroom and a walk-in closet. Additional bedrooms offer plenty of space for family or guests. Basement provides additional storage space. Step outside to your private, fenced backyard, where a stamped concrete patio invites you to relax and entertain. Recent updates including a new roof, blinds, garage, water heater, and exterior paint. This meticulously maintained home is ready for you to move in.

Details

Property type

Single Family Residence

Est. home value

$523,428

Lot size

0.29 acres

Price per sq ft

$187

Year built

2002

Annual property taxes

$4,826

Monthly HOA fee

$10.42

Price History

08/03/2024
Realcomp

Realcomp #20240056651

Price change
$515,000
-1.9%
08/02/2024
Realcomp

Realcomp #20240051480

Removed
$525,000
08/02/2024
Realcomp

Realcomp #20240056651

Listed
$525,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Chippewa Valley

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

$227,496
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$246,304
Cash to seller
$227,496

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

Seller’s Loan History

Lender

Jackson Flagstar Centre Office

Loan start date

May 2023

Original loan amount

$250,000

Est. remaining balance

$246,304

Interest rate

6.6%

Loan type

New Conventional, 30 year

Seller

Mahir Kallabat and Raghad Kallabat

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: 09/17/2024 at 11:05 PM

Listing updated: 08/04/2024 at 3:23 PM

Listed by: Bernard Shamow, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240056651

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