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$500,000

Beds
3
Baths
2.5
sq ft
1,622

524 S Cranbrook Cross Rd, Bloomfield Hills, MI 48301

524 S Cranbrook Cross Rd

Bloomfield Twp, MI 48301

  • Pending
Back on market due to buyer losing job. Great location with Birmingham Schools (Pierce, Derby and Seaholm). A home with style and updates. Large living room with hardwood floors and gas fireplace. Open dining and newer kitchen with stainless steel appliances. Primary bedroom with ensuite bath plus two additional bedrooms and updated hall bath. Partial basement for storage and mechanicals and two car attached garage. Spacious fenced yard with patio. A great floor plan and convenient to main roads and highways just minutes to downtown Birmingham!

Details

Property type

Single Family Residence

Est. home value

$440,806

Lot size

0.31 acres

Price per sq ft

$309

Year built

1958

Annual property taxes

$6,987

Price History

07/06/2024
Realcomp

Realcomp #20240036921

Pending
$500,000
06/18/2024
Realcomp

Realcomp #20240036921

Listed
$500,000
06/05/2024
Realcomp

Realcomp #20240036921

Pending
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$254,906
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$205,094
Cash to seller
$254,906

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

September 2021

Original loan amount

$244,329

Est. remaining balance

$205,094

Interest rate

2.1%

Loan type

New Conventional, 15 year

Seller

Yves Lallaizon and Luciana Lallaizon

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: Pending/Under Contract

Tomo last checked: 07/07/2024 at 4:05 PM

Listing updated: 07/06/2024 at 12:13 PM

Listed by: Kate Hayman, KW Domain Phone #: (248) 590-0800

MLS: Realcomp #20240036921

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