tomo logo

$879,000

Beds
4
Baths
4.0
sq ft
2,610

5610 Michael Dr, Saline, MI 48176

5610 Michael Dr

Lodi Twp, MI 48176

  • 34 days on market
Stunning Saddle Creek Estates brick ranch on 1.35-acre cul-de-sac lot. Featuring an open floorplan designed for modern living & effortless entertaining. Formal dining area adorned with custom, handmade wallpaper. Large, eat-in kitchen complete with island & breakfast nook. Great room has beautiful stone fireplace, while custom-built screened porch with cathedral ceiling offers perfect retreat to unwind. Main floor boasts spacious primary suite, 3 additional bedrooms & 2 full baths. Private study & upstairs bonus room ideal for teens/guests/2nd office. Finished basement a true highlight, with antique bar, generous rec room, TV/game room, workshop, home gym/3rd office, full bath & walk-in storage closet. Outside, enjoy Trex deck & hot tub. Located btwn Saline & Ann Arbor on a paved road.

Details

Property type

Single Family Residence

Est. home value

$722,829

Lot size

1.35 acres

Price per sq ft

$337

Year built

2002

Annual property taxes

$10,275.25

Monthly HOA fee

$100

Price History

08/09/2024
Realcomp

Realcomp #81024041517

Listed
$879,000
+70.68%
09/22/2015
Realcomp

Realcomp #543232321

Sold
$515,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Saline

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

$463,695
Asking price
$879,000
Closing costs (~8% of asking)
-$70,320
Est. remaining loan balance
-$344,985
Cash to seller
$463,695

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

March 2021

Original loan amount

$431,000

Est. remaining balance

$344,985

Interest rate

2.21%

Loan type

New Conventional, 15 year

Seller

Michael Patrick Davison and Vicki S Davison

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 8:45 AM

Listing updated: 08/16/2024 at 4:55 PM

Listed by: Stephanie Flood, Phone #: (734) 761-6600

MLS: Realcomp #81024041517

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