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$524,000

Beds
5
Baths
3.5
sq ft
2,190

5842 Lynn Dr, Allendale, MI 49401

5842 Lynn Dr

Allendale Twp, MI 49401

  • 16 days on market
    • Price drop $25,000↓
Welcome to this nearly new 5-bedroom, 3.5-bath home in Allendale! The main floor features the beautiful kitchen, complete with stainless appliances, granite and quartz countertops, walk-in pantry and center island which opens up to the dining area and cozy living room with gas fireplace. The main floor also features a flex room that would be great as an office. Upstairs, you'll find the primary bedroom, with private bath and walk-in closet, 3 more bedrooms, a second full bath and the laundry room (washer/dryer included!). The walk-out lower level has the 5th bedroom (currently used as a gym) a third full bath, and a family room, with sliders leading you to the lovely patio areas, where you can enjoy your nice yard w/ underground sprinkling or head up the stairs to relax on the deck.Extras include an eco-friendly solar panel system, which will help reduce your energy costs and an EV charging plug in the garage. Get organized with the digital dashboard in the kitchen, or have fun with the permanent exterior light system, whether it's holiday lights or displaying your favorite team's colors. This house has it all and is just waiting for you to say yes! Don't wait-set up a showing today!

Details

Property type

Single Family Residence

Est. home value

$432,850

Lot size

0.36 acres

Price per sq ft

$240

Year built

2021

Annual property taxes

$7,273.58

Price History

07/01/2024
Realcomp

Realcomp #71024031708

Price change
$524,000
-4.55%
06/20/2024
Realcomp

Realcomp #71024031708

Listed
$549,000
+696.81%
10/02/2019
Realcomp

Realcomp #65018031477

Sold
$68,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Allendale

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

$159,557
Asking price
$524,000
Closing costs (~8% of asking)
-$41,920
Est. remaining loan balance
-$322,523
Cash to seller
$159,557

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

Seller’s Loan History

Lender

Mercantile Bank Of Michigan

Loan start date

May 2021

Original loan amount

$344,830

Est. remaining balance

$322,523

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Rebecca Marie Stephan and Michael Mahar Stephan

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: 07/07/2024 at 8:25 PM

Listing updated: 07/01/2024 at 8:23 AM

Listed by: Rhonda Faber, Encompass-Realtors Phone #: (616) 399-9582

MLS: Realcomp #71024031708

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