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$1,300,000

Beds
5
Baths
4.5
sq ft
3,627

7064 Cedarbank Dr, West Bloomfield, MI 48324

7064 Cedarbank Dr

West Bloomfield Twp, MI 48324

  • 38 days on market
    • Price drop $29,400↓
    • Open house Oct 05
The best of both worlds - West Acre private beach on all sports Middle Straits Lake with boating and docking privileges and lakefront living on the private non-sport lake. Totally remodeled Cape Cod featuring two-story foyer, 2 story great room with two-story gas fireplace, gourmet kitchen with stainless steel appliances, quartz counters and 42 inch white cabinets. Smart house automation, all new triple pane Low-E argon windows and door walls, new Provia front door, superior white oak flooring and stair treads. New heat pump water heater (2024), new guardian alarm with 14 cameras, whole house generator, new Trex deck and patio, new landscaping, new patio ceiling fan and heater, New GAF timberline (limited warranty) siding and millwork, new basement office with custom built-ins, custom Roman shades throughout, custom shiplap fireplace with hidden sound bar and electronics.

Details

Property type

Single Family Residence

Est. home value

$665,660

Lot size

0.47 acres

Price per sq ft

$359

Year built

1999

Annual property taxes

$8,929

Monthly HOA fee

$47.5

Price History

10/04/2024
Realcomp

Realcomp #20240063753

Price change
$1,300,000
-2.21%
09/09/2024
Realcomp

Realcomp #20240063753

Price change
$1,329,400
-4.01%
08/27/2024
Realcomp

Realcomp #20240063753

Listed
$1,385,000
+161.32%

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

$832,703
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$363,297
Cash to seller
$832,703

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

March 2020

Original loan amount

$400,000

Est. remaining balance

$363,297

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Michael Fox

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: 10/05/2024 at 3:25 AM

Listing updated: 10/04/2024 at 10:13 AM

Listed by: John K Goodman, Century 21 Curran & Oberski Phone #: (734) 464-6400

MLS: Realcomp #20240063753

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