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$2,300,000

Beds
5
Baths
4.5
sq ft
4,398

5742 Manchester Hills Dr SE, Grand Rapids, MI 49546

5742 Manchester Hills Dr SE

Cascade Twp, MI 49546

  • 82 days on market
Here's your opportunity to own one of Manchester Hill's finest custom homes offering 5 bedrooms, 4.5 baths, and over 6,448 SF of living space & a sophisticated lifestyle with an array of high-end features and updates. Timeless beauty is evident in the extensive custom-built cabinetry, detailed ceiling beams, and hand-hewn hickory flooring. The gourmet kitchen is a chef's dream, with top-of-the-line Wolf and Sub-Zero appliances, a striking waterfall stone island, while the main-floor primary suite boasts dual walk-in closets, fireplace, and heated floors. The upper level provides ample space with 3 beds, 2 baths, & large bonus room with laundry room. The lower-level walkout is an entertainer's paradise, featuring billiards & media room, entertainment bar, walk-in climate-controlled winewine cellar, & guest suite. Step outside into the backyard oasis, reminiscent of a private resort, complete with brand-new custom pool, enclosed heated patio with automatic shades, fire pit, tiered patio, hot tub, and stone fireplace with island grill. The fenced backyard offers exceptional privacy and is equipped with a whole-house generator. Notable recent upgrades include a brand-new roof, state-of-the-art media system, new pool, lighting enhancements throughout, and a top-tier HVAC system for enhanced air quality. Turn-key, this home is designed for luxury and comfort.

Details

Property type

Single Family Residence

Est. home value

$1,946,622

Lot size

0.59 acres

Price per sq ft

$523

Year built

2006

Annual property taxes

$24,159.25

Monthly HOA fee

$125

Price History

08/31/2024
Realcomp

Realcomp #65024045889

Listed
$2,300,000
+26.03%
10/01/2021
Realcomp

Realcomp #65021095607

Sold
$1,825,000
+15.51%
03/28/2019
Realcomp

Realcomp #65019006587

Sold
$1,580,000
+27.68%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Forest Hills

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

$1,068,595
Asking price
$2,300,000
Closing costs (~8% of asking)
-$184,000
Est. remaining loan balance
-$1,047,405
Cash to seller
$1,068,595

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

September 2021

Original loan amount

$1,277,500

Est. remaining balance

$1,047,405

Interest rate

2.15%

Loan type

New Conventional, 15 year

Seller

Ryan M Bassett and The Ryan M Bassett Trust

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 10:30 AM

Listing updated: 11/19/2024 at 9:00 AM

Listed by: Katherine R Southwell, Keller Williams GR East Phone #: (616) 575-1800

MLS: Realcomp #65024045889

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