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$270,000

Beds
3
Baths
3.0
sq ft
1,553

5674 Drake Hollow Dr W, West Bloomfield, MI 48322

5674 Drake Hollow Dr W

West Bloomfield Twp, MI 48322

  • 74 days on market
    • Price drop $10,000↓
Make this immaculate Walnut Woods condo your next home. Freshly painted with new neutral carpeting with any decor. First floor laundry is conveniently located. Spacious great room with beautiful gas fireplace. Sliders to patio overlooking the manicured grounds. Great location nearby shopping and highways in the heart of West Bloomfield. This home offers a large granite kitchen with eating area, newly refinished hardwood floors, and pass through to the dining area so entertaining is a breeze. Updated granite and stone baths, The basement of has a generous sized recreation room and a 1/2 bath. The 2 car garage is attached too! Ready to move right in! All appliances included. Pool is available for summer fun.

Details

Property type

Condominium

Est. home value

$268,974

Lot size

Unknown

Price per sq ft

$174

Year built

1985

Annual property taxes

$4,847

Monthly HOA fee

$425

Price History

09/23/2024
Realcomp

Realcomp #20240062722

Price change
$270,000
-3.57%
08/22/2024
Realcomp

Realcomp #20240062722

Listed
$280,000
+64.71%
11/10/2015
Realcomp

Realcomp #215093633

Sold
$170,000

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

$145,016
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$103,384
Cash to seller
$145,016

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

Seller’s Loan History

Lender

Union Home Mortgage Corp

Loan start date

November 2015

Original loan amount

$127,500

Est. remaining balance

$103,384

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Ahsan A Qureshi

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?

Status: Active

Tomo last checked: 11/05/2024 at 3:35 AM

Listing updated: 09/26/2024 at 1:11 PM

Listed by: Melinda I Nagler, Max Broock, REALTORS®-Bloomfield Hills Phone #: (248) 644-4700

MLS: Realcomp #20240062722

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