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$514,900

Beds
3
Baths
3.5
sq ft
1,985

54048 Mound Rd, Shelby Township, MI 48316

54048 Mound Rd

Shelby Twp, MI 48316

  • 26 days on market
This stunning colonial in Shelby Township boasts timeless elegance and modern amenities. With 3 spacious bedrooms and 3 1/2 baths, including a luxurious primary suite with a full bathroom with walk in closet; comfort and convenience are at your fingertips. Step inside to discover an open kitchen and family room, with separate lounge and dining area for entertaining plus a beautifully finished basement featuring a a full bath, family room, room for guests with additional sleeping area and kitchenette, plus nonconforming bonus room perfect for a home office, or gym. Outdoor living is a delight in this private backyard featuring a large heated in ground pool, complete with a surrounding patio of expansive low maintenance trek decking and hot tub for ultimate relaxation and entertainment. Additional features include loads of recent mechanical and cosmetic updates. A heated 2 car garage with epoxy flooring provides ample storage and convenience. This home offers everything you need for a comfortable and luxurious lifestyle with features not typically available in this price point.

Details

Property type

Single Family Residence

Est. home value

$388,390

Lot size

0.38 acres

Price per sq ft

$260

Year built

1971

Annual property taxes

$4,366

Price History

06/11/2024
Realcomp

Realcomp #20240041027

Listed
$514,900
+58.43%
11/16/2020
Realcomp

Realcomp #2200076997

Sold
$325,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Utica

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

$180,541
Asking price
$514,900
Closing costs (~8% of asking)
-$41,192
Est. remaining loan balance
-$293,167
Cash to seller
$180,541

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

Seller’s Loan History

Lender

Stifel Bank & Trust

Loan start date

November 2020

Original loan amount

$319,113

Est. remaining balance

$293,167

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Kevin M Brandon

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: 07/07/2024 at 6:55 PM

Listing updated: 06/16/2024 at 3:33 PM

Listed by: Haley Kelly, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240041027

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