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$219,500

Beds
2
Baths
1.0
sq ft
1,358

54593 Monarch Dr, Shelby Township, MI 48316

54593 Monarch Dr

Shelby Twp, MI 48316

  • 16 days on market
    • Price drop $5,400↓
Welcome to this stunning ranch-style end unit condo located in the desirable Manors of Regency. With its modern design and spacious layout, this home is move-in ready and perfect for easy living. The great room features vaulted ceilings and a cozy fireplace, perfect for relaxing, and large windows that flood the space with natural light. The kitchen boasts craftsman-style cabinetry, brand-new stainless-steel appliances. Oversized bedrooms, main come with walk-in closet, offering ample storage space, while the home office provides the perfect work-from-home environment. Additionally, the condo includes a 1-car garage and plenty of extra storage. Close to downtown Rochester, Farmers Market, Stony Creek Metropark, and local bike trails (PCT, CRT, MOT). Also, check out the BEAUTIFUL SUNSETS viewed from the condo. Pet friendly, 1 dog or 1 cat not over 30 lbs. Unit can be leased out.

Details

Property type

Condominium

Est. home value

$218,938

Lot size

Unknown

Price per sq ft

$162

Year built

2001

Annual property taxes

$4,179.66

Monthly HOA fee

$260

Price History

10/24/2024
Realcomp

Realcomp #58050158807

Price change
$219,500
-2.4%
10/24/2024
Realcomp

Realcomp #58050158807

Price change
$224,900
-2%
10/19/2024
Realcomp

Realcomp #58050158807

Listed
$229,500
+14.75%

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

$86,625
Asking price
$219,500
Closing costs (~8% of asking)
-$17,560
Est. remaining loan balance
-$115,315
Cash to seller
$86,625

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

March 2019

Original loan amount

$128,250

Est. remaining balance

$115,315

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Staly Hanna

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: 11/05/2024 at 6:25 AM

Listing updated: 11/02/2024 at 2:45 PM

Listed by: Julian Llera, Realty Executives Home Towne Shelby Phone #: (586) 726-4600

MLS: Realcomp #58050158807

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