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$550,000

Beds
3
Baths
2.5
sq ft
1,971

5489 Pine Lake Dr, Brighton, MI 48116

5489 Pine Lake Dr

Hamburg Twp, MI 48116

  • 52 days on market
    • Price drop $10,000↓
SELLERS MOTIVATED, Willing to negotiate! Turn key 3 bedroom, 2.1 bath Colonial in Pine Lake Estates. 3 car attached garage plus a 30X25 garage with cement floor, and electricity. High-end Chelsea Plank wood floors. Enjoy the scenic and tranquil backyard on your newer Trex deck and stamped patio. Too many upgrades to list. Sellers relocating after a short stay in MI.

Details

Property type

Single Family Residence

Est. home value

$480,721

Lot size

0.78 acres

Price per sq ft

$280

Year built

1997

Annual property taxes

$4,325

Price History

11/09/2024
Realcomp

Realcomp #20240074026

Price change
$550,000
-1.79%
10/01/2024
Realcomp

Realcomp #20240074026

Listed
$560,000
+3.7%
04/15/2024
Realcomp

Realcomp #20240014360

Sold
$540,000
+8%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pinckney

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

$373,546
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$132,454
Cash to seller
$373,546

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

Seller’s Loan History

Lender

Ally Bank

Loan start date

September 2011

Original loan amount

$185,060

Est. remaining balance

$132,454

Interest rate

4.39%

Loan type

Not Provided, 30 year

Seller

John L Newton and Terry K Newton

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: 11/22/2024 at 6:30 PM

Listing updated: 11/18/2024 at 8:40 AM

Listed by: Julie Mackey, Redfin Corporation Phone #: (248) 327-0275

MLS: Realcomp #20240074026

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