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$540,000

Beds
3
Baths
2.5
sq ft
2,201

5240 Woods Dr, Sterling Heights, MI 48310

5240 Woods Dr

Sterling Heights, MI 48310

  • 1 day on market
    • Open house Sep 22
OPEN HOUSE SUN 9/21 1-3. Better than new construction! Located in desirable new Furhmann Woods subdivision this one is not even two years old and without the hassle of building. This one already comes with the sod and sprinkler system. Sellers have added an expansive driveway and beautiful landscaping for curb appeal. First floor open floorplan with a flex room that can easy serve as a formal dining room or study. Large loft area upstairs makes a great recreational space. Large primary ensuite includes a huge walk in closet. Entertain outdoor on the brand new no expense spared concrete deck. This one checks all the boxes!

Details

Property type

Single Family Residence

Est. home value

$484,780

Lot size

7,405 sq ft

Price per sq ft

$246

Year built

2022

Annual property taxes

$10,055

Monthly HOA fee

$25

Price History

09/17/2024
Realcomp

Realcomp #20240069898

Listed
$540,000
+11.23%
03/28/2023
Realcomp

Realcomp #20221056512

Sold
$485,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$173,589
Asking price
$540,000
Closing costs (~8% of asking)
-$43,200
Est. remaining loan balance
-$323,211
Cash to seller
$173,589

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$345,500

Est. remaining balance

$323,211

Interest rate

5.25%

Loan type

New Conventional, 15 year

Seller

Alina Tran Huynh and Khanh Van Nguyen

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?

Status: Active

Tomo last checked: 09/19/2024 at 4:55 AM

Listing updated: 09/19/2024 at 12:11 AM

Listed by: Nhon Tran, Real Estate One-Sterling Heights Phone #: (586) 276-9800

MLS: Realcomp #20240069898

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