tomo logo

$499,900

Beds
3
Baths
2.5
sq ft
2,218

5517 Amber Way, Ypsilanti, MI 48197

5517 Amber Way

Ypsilanti Twp, MI 48197

  • 74 days on market
    • Price drop $25,100↓
Rare first-floor primary suite in desirable Ashford Village! Enjoy Ann Arbor schools with lower Pittsfield Township taxes. Just one block from Hickory Woods Park, featuring 46 acres of trails, picnic areas, playgrounds, and more. The main-floor primary suite offers vaulted ceilings, luxury vinyl plank flooring, and a spa-like ensuite with a garden tub, double vanity, and shower. The remodeled kitchen shines with quartz countertops, a glass tile backsplash, and new stainless steel appliances. The open-concept great room boasts built-ins, a fireplace, vaulted ceilings, and dining area leading to multi-level decks. Upstairs, find two bedrooms and a loft (possible 4th bedroom). The finished lower level includes a family room, storage, a potential study, and plumbing for a future bath.

Details

Property type

Single Family Residence

Est. home value

$451,123

Lot size

0.30 acres

Price per sq ft

$226

Year built

1998

Annual property taxes

$6,491

Price History

12/10/2024
Realcomp

Realcomp #81024062425

Listed
$499,900
+104.04%
01/29/2015
Realcomp

Realcomp #543225468

Sold
$245,000

Schools & Community

Neighborhood: 

Ashford Village

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

$264,979
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$194,929
Cash to seller
$264,979

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

Seller’s Loan History

Lender

First Savings Bank

Loan start date

February 2021

Original loan amount

$214,675

Est. remaining balance

$194,929

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Mukul Mehta and Ruchi Bhagat

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: 02/22/2025 at 11:00 PM

Listing updated: 02/16/2025 at 3:44 PM

Listed by: Timothy Harrison, Timothy Harrison, Real Estate OneReal Estate One Phone #: (734) 662-8600

MLS: Realcomp #81024062425

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