tomo logo

$669,900

Beds
3
Baths
4.0
sq ft
4,803

53518 Sherwood Ln, Shelby Township, MI 48315

53518 Sherwood Ln

Shelby, MI 48315

  • Pending
One of a kind 3 bedroom ranch home in the heart of Shelby Township with award winning Utica Schools. Showcased on a generous corner lot with a 3 car attached heated and insulated garage with a 220 line and an additional 2.5 car heated and insulated detached garage equipped with plenty of power! Step inside to find an open concept layout, highlighted by a large, bright and airy kitchen that offers ample cabinet and counter space and all brand new stainless steel appliances (2023) included. Entertain effortlessly with the oversized island providing bar stool seating, complemented by a breakfast nook for added guest space. This winter, enjoy the warmth of the gas fireplace in the great room, which boasts cathedral ceilings and floor-to-ceiling windows for an impressive ambiance. All 3 bedrooms are flooded with gleaming hardwood floors, while the expansive primary ensuite boasts its own private full bath. French doors lead to a dedicated office space, perfect for those working from home. Convenient first floor laundry. For larger, more formal gatherings, the finished basement is the place to be! Full bathroom, wet bar and additional appliances including a bar fridge, oven and refrigerator will allow you to host with ease. During the summer months, relax in the private backyard on the spacious deck equipped with a built-in gas line for easy and convenient grilling. This gem will not last long! No association.

Details

Property type

Single Family Residence

Est. home value

$587,906

Lot size

0.44 acres

Price per sq ft

$140

Year built

1984

Annual property taxes

$7,137

Price History

12/16/2024
MiRealSource

MiRealSource #50162648

Pending
$669,900
12/07/2024
MiRealSource

MiRealSource #50162648

Listed
$669,900
+11.65%
07/01/2022
MiRealSource

MiRealSource #50074876

Sold
$600,000
+56.66%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica Community Schools

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

$377,595
Asking price
$669,900
Closing costs (~8% of asking)
-$53,592
Est. remaining loan balance
-$238,713
Cash to seller
$377,595

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

Seller’s Loan History

Lender

Main Street Bank

Loan start date

February 2014

Original loan amount

$306,400

Est. remaining balance

$238,713

Interest rate

4.47%

Loan type

New Conventional, 30 year

Seller

Danny R Laparl and Susan J Laparl

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: 12/23/2024 at 6:05 AM

Listing updated: 12/22/2024 at 1:37 PM

Listed by: Ed Martin, RE/MAX First Phone #: (586) 799-8000

MLS: MiRealSource #50162648

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