tomo logo

$1,290,000

Beds
7
Baths
5.0
sq ft
4,880

5185 Christine Dr, Ann Arbor, MI 48103

5185 Christine Dr

Scio Twp, MI 48103

  • 14 days on market
Unique opportunity to own a twin home that sits on over a picturesque one-acre lot, perfect for rental income or multigenerational living. The first property has been fully renovated, showcasing stunning hickory plank flooring throughout, a modern kitchen with granite countertops, and brand-new stainless-steel appliances. The great room is a complete show stopper with vaulted ceilings, clerestory windows, 2 fireplaces, and a walkout deck off the living room overlooking the serene pond with fountain. Luxury primary suite offers full bath and a custom walk-in closet. The lower level offers a family room with fireplace that walks out to the patio, 2 additional bedrooms, a full bathroom and a home office with its own exterior entrance. The second property,currently tenant-occupied,features4 bedrooms, 2.5 baths, and two spacious living rooms, providing ample space and flexibility. The upper level offers a large living room with a walkout balcony overlooking the pond, updated kitchen, and 2 bedrooms including the primary suite with a walkout balcony and full bathroom. Lower level features an additional living room with fireplace and a walkout patio, full bathroom, 2 bedrooms and large storage/laundry room. Both properties have an attached 2.5 car garage. Set against a gorgeous backdrop, in a quiet and peaceful neighborhood, this property is one of a kind with endless opportunity. Call for more information or to schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$910,990

Lot size

1.10 acres

Price per sq ft

$265

Year built

1980

Annual property taxes

$24,401.22

Price History

11/07/2024
Realcomp

Realcomp #81024058332

Listed
$1,290,000
+55.42%
05/27/2021
Realcomp

Realcomp #543279646

Sold
$830,000

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

$570,952
Asking price
$1,290,000
Closing costs (~8% of asking)
-$103,200
Est. remaining loan balance
-$615,848
Cash to seller
$570,952

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

May 2021

Original loan amount

$664,000

Est. remaining balance

$615,848

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

James B Wessinger

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: 11/21/2024 at 8:40 PM

Listing updated: 11/07/2024 at 3:00 PM

Listed by: Laura Fisher, Cornerstone Real Estate Phone #: (734) 316-5886

MLS: Realcomp #81024058332

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