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$4,100,000

Beds
5
Baths
6.0
sq ft
6,178

555 Vinewood Ave, Birmingham, MI 48009

555 Vinewood Ave

Birmingham, MI 48009

  • 356 days on market
    • Price drop $200,000↓
UPSCALE. REFINED. SOPHISTICATED. ENERGIZING. THIS EXQUISITE RESIDENCE OFFERS THE MOST EXCEPTIONAL QUALITY & LUXURIOUS DETAILS THROUGHOUT MORE THAN 8,000 SF OF UNPARALLELED LIVING SPACE. WONDERFULLY OPEN FLOOR PLAN FLOODED W/NATURAL LIGHT. THE FINEST CRAFTSMANSHIP & NATURAL MATERIALS USED: HARDWOOD, GRANITE, MARBLE -- YOU NAME IT! A TRULY SPECTACULAR 2017 WHOLE-HOUSE RENOVATION IN THE HEART OF BIRMINGHAM, THIS INCOMPARABLE OASIS ACHIEVES THE PERFECT SYMPHONY OF STYLE, SOPHISTICATION & SOLITUDE W/EVERYTHING YOU'RE LOOKING FOR IN LUXURY LIVING. THIS CUSTOM-CREATED, ONE-OF-A-KIND HOME HOME IS ALSO SITUATED ON A SPECTACULAR 1/2 ACRE, SOUTHERN-EXPOSURE, FULLY FENCED, VERY RARE, IN-TOWN DOUBLE LOT. HEAD UNDER THE PERGOLA, PAST THE FOUNTAIN, UP THE STEPS TO THE GLORIOUS, COVERED, WRAP-AROUND PORCH & INTO THE WELCOMING FRONT FOYER -- FLANKED BY AN ELEGANT LIVING ROOM W/FIREPLACE & A GRAND DINING ROOM. CONTINUING ONWARD YOU'LL FIND A SUPERB, STATE-OF-THE-ART DREAM KITCHEN W/OVERSIZED ISLAND, BREAKFAST ROOM OVERLOOKING THE LUSH YARD & A BUTLER'S PANTRY LIKE NO OTHER W/NOT ONE, BUT TWO(!), WALK-IN PANTRIES, AN ICE MAKER, SINK, TWO BEVERAGE REFRIGERATORS & MORE. 1ST-FLOOR IS COMPLETE W/ A LOVELY LIBRARY, MAGNIFICENT MUDROOM, LAUNDRY, TWO LAVATORIES PLUS AN ENORMOUS GREAT ROOM W/A WALL OF BUILT-IN SHELVES & DESK PLUS FIREPLACE. A SENSATIONAL OWNER'S SUITE W/WALLS OF WINDOWS, GAS FIREPLACE, COZY SITTING & WRITING AREAS PLUS, NOT ONE, BUT TWO(!) SEPARATE, SUMPTUOUS BATHROOMS --EACH W/THEIR OWN PHENOMENAL WALK-IN CLOSET. THREE MORE VERY GENEROUS BEDROOM SUITES (ONE WITH A ZERO-ENTRY SHOWER!) PLUS LOFT & A 2ND LAUNDRY ROOM UPSTAIRS. TRULY EXPANSIVE FULLY FINISHED LOWER LEVEL W/WET BAR, FAMILY ROOM, GYM, 5TH BEDROOM, 6TH FULL BATHROOM, REC ROOM, PLENTY OF ROOM TO ENTERTAIN PLUS STORAGE GALORE! SOUND SYSTEM AND CAMERAS THROUGHOUT. DID WE MENTION THE ELEVATOR? OR THE BONUS ROOM ABOVE GARAGE? THERE'S EVEN A WHOLE-HOUSE GENERATOR! THE FINAL "PIES DE RESISTANCE": A RARE, IN-TOWN, 3-CAR ATTACHED GARAGE PLUS FRONT MOTOR COURT, TOO. WOW!!!

Details

Property type

Single Family Residence

Est. home value

$3,338,432

Lot size

0.48 acres

Price per sq ft

$664

Year built

2005

Annual property taxes

$51,967

Price History

09/29/2024
Realcomp

Realcomp #81024000149

Price change
$4,100,000
-4.65%
03/17/2024
Realcomp

Realcomp #81024000149

Price change
$4,300,000
-4.44%
01/01/2024
Realcomp

Realcomp #81024000149

Listed
$4,500,000
+60.71%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$2,824,184
Asking price
$4,100,000
Closing costs (~8% of asking)
-$328,000
Est. remaining loan balance
-$947,816
Cash to seller
$2,824,184

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

Seller’s Loan History

Lender

Merrill Lynch Credit Corp

Loan start date

April 2007

Original loan amount

$1,500,000

Est. remaining balance

$947,816

Interest rate

6.18%

Loan type

Not Provided, 30 year

Seller

William D Tarver and Kishna S Tarver

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: 12/23/2024 at 10:10 AM

Listing updated: 12/13/2024 at 7:55 AM

Listed by: Kevin Cristbrook, ABR, Shain Park, REALTORS Phone #: (248) 633-8520

MLS: Realcomp #81024000149

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