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$649,000

Beds
4
Baths
3.0
sq ft
2,394

5525 Bentwood Ln, Commerce Township, MI 48382

5525 Bentwood Ln

Commerce Twp, MI 48382

  • 49 days on market
    • Price drop $20,000↓
IT'S HERE! THE EXTREMELY RARE RANCH YOU'VE BEEN WAITING FOR! MAIN FLOOR MASTER ON THE OPPOSITE SIDE OF THE HOUSE FROM THE OTHER BEDROOMS. NATURAL LIGHT FLOWS THROUGHOUT THE HOUSE PARTICULARLY THROUGH THE SKYLIGHTS IN THE VAULTED MAIN LIVING SPACE. BEAUTIFUL RENOVATIONS COMPLETED IN 2023. TRAY CEILING IN MASTER. GORGEOUS LAMINATED FLOORING THAT RUNS THROUGHOUT THE ENTIRE HOUSE UP AND DOWN. ALL NEW BLACK STAINLESS STEEL KITCHEN APPLIANCES. NEWER ROOF, FURNACE & A/C WITH RECENT MAINTENANCE WHICH IS UNDER WARRANTY. ENERGY EFFICIENT RECESSED LED LIGHTING THROUGHOUT THE ENTIRE HOUSE ON BOTH FLOORS. FULL KITCHEN, FULL BATH & LARGE BEDROOM IN BASEMENT. PERFECT FOR IN-LAW'S LIVING SPACE. MANY NEW FAMILIES IN THE SUBDIVISION. GREAT AMENITIES WITH SUBDIVISION PLAY STRUCTURE, BASKETBALL COURT AND SOCCER FIELD. IT'S ONLY A SHORT WALK FROM THE BACK OF THE SUBDIVISION TO CATCH A HIGH SCHOOL FOOTBALL GAME AND A SHORT DRIVE INTO DOWNTOWN MILFORD FOR ALL KINDS OF ADULT AND FAMILY ENTEIRTAINMENT. THE ONLY THING LEFT TO DO IS TO MOVE IN!

Details

Property type

Single Family Residence

Est. home value

$497,592

Lot size

0.27 acres

Price per sq ft

$272

Year built

1995

Annual property taxes

$6,087

Monthly HOA fee

$100

Price History

08/14/2024
Realcomp

Realcomp #20240054196

Price change
$649,000
-2.99%
07/25/2024
Realcomp

Realcomp #20240054196

Listed
$669,000
+48.67%
12/20/2021
Realcomp

Realcomp #2210096357

Sold
$450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$193,642
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$403,438
Cash to seller
$193,642

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

December 2021

Original loan amount

$427,500

Est. remaining balance

$403,438

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Matthew Medonis

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: 09/13/2024 at 1:50 PM

Listing updated: 09/12/2024 at 10:21 PM

Listed by: Matthew Medonis, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240054196

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Recently listed in Commerce Twp