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$1,199,000

Beds
4
Baths
4.5
sq ft
2,533

587 Stanley Blvd, Birmingham, MI 48009

587 Stanley Blvd

Birmingham, MI 48009

  • Pending
WOW! This immaculate and impeccable in-town home feels like new and boasts the expected amenities of newer construction. This home was completely rebuilt in 2006 with additional and significant updates in both 2014 and 2020. Light & Bright, open floor plan. High ceilings & beautifully refinished wood floors throughout. Welcoming foyer opens to the great room, with fabulous built-in cabinetry, which provides an ideal space for entertaining as a living and dining room combination. Stunning, open concept, gourmet kitchen, has top of the line stainless steel appliances and a colossal island with seating. The kitchen is open to the family room with a statement stone fireplace and floor to ceiling windows. A laundry room, mud area and 1/2 bath also occupy the entry level. The outstanding primary suite is an owner's private retreat with cathedral ceiling, ledgestone fireplace, built-in wardrobe storage, spacious walk-in closet and a luxurious bath with separate tub, euro glass shower, dual sinks and vanities. Two additional bedrooms (one currently outfitted as an additional closet) anda full bath are located on the upper level. A fully finished lower level adds tremendous living space, with high ceilings, full bath, rec/exercise area and the option for an extra bedroom or office (room currently used for storage). A private entry apartment (4th bedroom suite) with kitchenette and full bath is located above the garage and is well suited for an office or in-law suite. Impeccably landscaped, spacious rear yard with beautiful patio. Fully fenced yard. 1.5 car garage w/gladiator storage. Just move in!

Details

Property type

Single Family Residence

Est. home value

$1,007,455

Lot size

5,663 sq ft

Price per sq ft

$474

Year built

1885

Annual property taxes

$16,214

Price History

08/22/2024
Realcomp

Realcomp #20240057703

Pending
$1,199,000
08/06/2024
Realcomp

Realcomp #20240057703

Listed
$1,199,000
+45.33%
04/05/2019
Realcomp

Realcomp #219009326

Sold
$825,000
+22.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$669,420
Asking price
$1,199,000
Closing costs (~8% of asking)
-$95,920
Est. remaining loan balance
-$433,660
Cash to seller
$669,420

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2020

Original loan amount

$476,000

Est. remaining balance

$433,660

Interest rate

3.31%

Loan type

New Conventional, 30 year

Seller

David Lipton and Erica Byer

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 12:15 AM

Listing updated: 08/22/2024 at 9:23 AM

Listed by: Meredith R Colburn, The Agency Hall & Hunter Phone #: (248) 644-3500

MLS: Realcomp #20240057703

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