tomo logo

$639,000

Beds
4
Baths
3.0
sq ft
2,394

5525 Bentwood Ln, Commerce Township, MI 48382

5525 Bentwood Ln

Commerce Twp, MI 48382

  • 151 days on market
    • Price drop $10,000↓
PRICE REDUCED $30k! SELLER IS OFFER ADDITIONAL $3000 IN CONCESSIONS TO MAKE THIS HOUSE YOUR HOME! TAKE ADVANTAGE OF THE RECENT INTEREST RATE DROP! 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

$267

Year built

1995

Annual property taxes

$6,087

Monthly HOA fee

$100

Price History

12/20/2024
Realcomp

Realcomp #20240054196

Price change
$639,000
-1.54%
08/14/2024
Realcomp

Realcomp #20240054196

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

Realcomp #20240054196

Listed
$669,000
+48.67%

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

$187,592
Asking price
$639,000
Closing costs (~8% of asking)
-$51,120
Est. remaining loan balance
-$400,288
Cash to seller
$187,592

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

$400,288

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?

Similar Homes Nearby

Pending
Realcomp
$689,900
4 bd
|
3.5 ba
|
2,684 sq ft
|
House

2046 Deer Path Trl, Commerce Township, MI 48390

Price drop
MiRealSource
$669,900
4 bd
|
2.5 ba
|
2,777 sq ft
|
House

3671 Stallion Way Unit 31, Commerce Township, MI 48382

Pending
Realcomp
$579,900
4 bd
|
3.5 ba
|
2,951 sq ft
|
House

6304 Pennington Dr, White Lake, MI 48383

Status: Active

Tomo last checked: 12/23/2024 at 6:05 PM

Listing updated: 12/20/2024 at 12:10 PM

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

MLS: Realcomp #20240054196

Realcomp logo

Recently listed in Commerce Twp