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$555,000

Beds
4
Baths
3.5
sq ft
2,488

535 Markwood Dr, Oxford, MI 48370

535 Markwood Dr

Addison Twp, MI 48370

  • 65 days on market
    • Price drop $20,000↓
    • Open house Sep 21
STUNNING 2 STORY STYLE HOME ON 2-ACRE PRIVATE WOODED LOT IN ADDISON TOWNSHIP! THIS LOVELY PROPERTY FEATURES A BRIGHT AND OPEN KITCHEN, STAINLESS STEEL APPLIANCES, ATTACHED BREAKFAST ROOM. SPACIOUS GREAT ROOM IS COMPLETE W/FLOOR TO CEILING BRICK FIREPLACE WITH A WOOD BURNING STOVE, VAULTED CEILINGS & UPPER LEVEL BALCONY. FINISHED WALK-OUT BASEMENT IS COMPLETE W/LARGE RECREATION ROOM, COZY DEN W/BRICK FIREPLACE ALSO WITH A WOOD BURNING STOVE & FULL BATHROOM. ADDITIONAL FEATURES/UPDATES INCLUDE, 3-CAR ATTACHED GARAGE, RECESSED LIGHTING, ENTRY LEVEL LAUNDRY ROOM, ALL SEASONS ROOM W/SKYLIGHTS, UPPER LEVEL LOFT AREA, 2-STORY FOYER WITH NEW WOOD AND WROUGHT IRON BANISTERS. LANDSCAPING, OUTDOOR PATIO, STORAGE SHED, HARDWOOD FLOORING. DEEDED ACCESS TO INDIAN LAKE WITH A PRVATE BEACH. INDIAN LAKE IS AN ALL SPORTS LAKE. THERE ARE ADDITIONAL OPTIONS TO MAKE EXTRA BEDROOM SPACE IN THE BASEMENT AND LOFT.

Details

Property type

Single Family Residence

Est. home value

$502,161

Lot size

2.15 acres

Price per sq ft

$224

Year built

1984

Annual property taxes

$7,040

Price History

08/23/2024
Realcomp

Realcomp #20240050594

Price change
$555,000
-3.48%
07/15/2024
Realcomp

Realcomp #20240050594

Listed
$575,000
05/29/2024
Realcomp

Realcomp #20240025723

Removed
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$266,878
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$243,722
Cash to seller
$266,878

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

Seller’s Loan History

Lender

Great Lakes Mortgage Funding

Loan start date

July 2016

Original loan amount

$294,500

Est. remaining balance

$243,722

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

John M Claycomb and Justyna Kiernicka

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: 09/19/2024 at 5:20 AM

Listing updated: 09/18/2024 at 4:54 PM

Listed by: Dianne C Giovinazzo, Coldwell Banker Realty-Clarkston Phone #: (248) 625-1000

MLS: Realcomp #20240050594

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