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$485,881Estimated home value

Beds
4
Baths
3.5
sq ft
2,810

5405 Possum Ln, Orchard Lake, MI 48324

5405 Possum Ln

Orchard Lake Village, MI 48324

  • Off market
    • Price drop $19,900↓
Situated on a generous 1.5-acre expanse of wooded land, this stunning, meticulously maintained contemporary-style home offers the perfect balance of modern elegance and tranquility. With a boat slip to All Sports Orchard Lake, you'll have easy access to the water for endless recreational opportunities. Prepare to be captivated by the impeccable craftsmanship and exquisite details found throughout this three-level home. The open floor plan seamlessly connects the spacious living areas, creating a harmonious flow that is ideal for both comfortable living and entertaining. The main level boasts an abundance of natural light, flooding the space through large windows that offer picturesque views of the surrounding landscape. The gourmet kitchen features cherry wood custom cabinets, top-of-the-line stainless steel appliances, sleek countertops, and ample storage space. The primary bedroom, located on the upper level, is a true sanctuary, complete with a remodeled ensuite bathroom, walk-in closet, and balcony. Two additional generously sized bedrooms and a full bathroom complete this level, providing comfort and privacy for family members or guests. The lower level of this home is a versatile space that can be customized to suit your needs; a cozy family room, home office, fitness center, or a playroom, the possibilities are endless. As you step outside, you'll be greeted by the breathtaking natural beauty. Surrounded by mature trees, gorgeous landscape, and a flowing pond. The outdoor space provides a peaceful haven where you can host gatherings, or simply enjoy the serenity of nature. Located in a highly sought-after Country Club Gardens subdivision, this home offers the perfect combination of privacy and convenience. Indulge in the tranquility of your wooded retreat while still being within easy reach of nearby amenities, including shopping, dining, parks, and entertainment options. Additional updates include top of the line furnace new in 2023.

Details

Property type

Single Family Residence

Est. home value

$485,881

Lot size

1.29 acres

Price per sq ft

$241

Year built

1973

Annual property taxes

$5,092

Monthly HOA fee

$25

Price History

08/28/2024
Realcomp

Realcomp #20240039843

Removed
$675,000
08/27/2024
Realcomp

Realcomp #20240039843

Pending
$675,000
08/06/2024
Realcomp

Realcomp #20240039843

Price change
$675,000
-2.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

West Bloomfield

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

August 2005

Original loan amount

$62,000

Est. remaining balance

Not provided

Interest rate

5.2%

Loan type

Stand Alone Second, 15 year

Seller

Frank Asztalos and Aurora Asztalos

Lender

St James Mortgage Corp

Loan start date

January 2004

Original loan amount

$256,000

Est. remaining balance

Not provided

Interest rate

5.83%

Loan type

Balloon, 7 year

Seller

Frank Asztalos and Aurora Asztalos

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: Off Market

Tomo last checked: 10/06/2024 at 1:00 PM

Listing updated: 08/27/2024 at 2:53 PM

Listed by: Katie A Wright, RE/MAX Eclipse Clarkston Phone #: (248) 599-3124

MLS: Realcomp #20240039843

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