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$1,575,000

Beds
5
Baths
5.0
sq ft
4,154

5635 Paint Valley Dr, Rochester, MI 48306

5635 Paint Valley Dr

Oakland Twp, MI 48306

  • 121 days on market
    • Price drop $100,000↓
New price below appraised value! Unbelievable opportunity to make this little slice of heaven, your home! Dreaming of living a zen life just minutes from a multitude of cool downtowns? Where urban convenience meets nature's beauty? Just a few minute drive from vibrant & family friendly Downtown Rochester, this almost 8 acre property backs up to both Paint Creek & Trail. Might as well be "Up North!" When you aren't enjoying the comforts of this well appointed home, step outside for your next adventure! Hop on the zipline, fish or kayak in your half-acre pond steps from your multi-level Trex deck or wade or fish in Paint Creek! Play basketball, volleyball, tennis, pickleball, or in the winter, hockey, on the brand new sports court. Cross over paint creek & explore your own acreage. Yearning for a more leisurely day? Take a dip in the saltwater pool complete with slide, swim up bar & outdoor kitchen. Evenings call for cocktails, hot tub & time enjoying the gas fire bowl. You can safely let your favorite canine roam w/ nearly four acres of invisible fence. Enjoy winter activities as well; snowshoe on your own acres, ice fish on your pond & enjoy your outdoor fireplace. Walkout lower level boasts a sauna, recreation room, second laundry room, full kitchen, full bath & bedroom! With 6454 square feet of finished space, this 5 bedroom, 4.2 bath is both spacious and cozy. The roof, HVAC, H20 heater, A/C, whole house water filtration system & reverse osmosis, deck & pool lighting, backyard landscaping, gas pool heater, pumps and automation, fresh interior paint, custom blinds in the primary suite, pond aeration system are all new or updated within the last three years! Don't worry about crazy Michigan weather disrupting your daily life with the partial house generator to save the day! Located within the highly regarded Rochester Community Schools. Win: Property has the lowest tax rate in Oakland County! This is the kind of special place that gets passed down through generations!

Details

Property type

Single Family Residence

Est. home value

$1,419,252

Lot size

7.80 acres

Price per sq ft

$380

Year built

1979

Annual property taxes

$13,273

Monthly HOA fee

$41.67

Price History

10/03/2024
Realcomp

Realcomp #20240053651

Price change
$1,575,000
-5.97%
08/16/2024
Realcomp

Realcomp #20240053651

Price change
$1,675,000
-2.9%
07/24/2024
Realcomp

Realcomp #20240053651

Listed
$1,725,000
+8.49%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rochester

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

$68,074
Asking price
$1,575,000
Closing costs (~8% of asking)
-$126,000
Est. remaining loan balance
-$1,380,926
Cash to seller
$68,074

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

Seller’s Loan History

Lender

Next Door Lending

Loan start date

July 2022

Original loan amount

$1,431,000

Est. remaining balance

$1,380,926

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Joshua Matthew Colkmire

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: 11/22/2024 at 10:20 AM

Listing updated: 10/09/2024 at 8:51 PM

Listed by: Abby Kushner, @properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20240053651

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