tomo logo

$877,000

Beds
2
Baths
2.5
sq ft
1,848

804 N Main St Unit 3B, Rochester, MI 48307

804 N Main St Unit 3B

Rochester, MI 48307

  • 155 days on market
    • Price drop $22,000↓
PENTHOUSE CONDO IN ROCHESTER MI - Absolutely beautiful and completely custom designed 3rd story penthouse situated in downtown Rochester. With 10-foot ceilings, gorgeous, engineered wood flooring, spectacular lighting fixtures, and Thermador appliances. Enjoy an open floor concept as the spacious kitchen overlooks and flows seamlessly into the living room, dining room and dry bar areas...perfect for entertaining. The covered balcony is located directly off of the living room and embraces views of both Romeo and Main St. The primary bedroom is equally impressive with a spacious custom WIC, beautifully tiled full bath, and a separate vanity area. Additional upgrades include: Remote control shades throughout, dry bar featuring LaFata Cabinets with under counter lighting, California Closets in foyer bedrooms, expansive bathroom & vanity mirrors, light fixtures & electrical throughout (including canned lighting), bathroom heated exhaust fans, and cabinet hardware.

Details

Property type

Condominium

Est. home value

$1,005,355

Lot size

Unknown

Price per sq ft

$475

Year built

2017

Annual property taxes

$13,164.37

Monthly HOA fee

$502

Price History

09/08/2024
MiRealSource

MiRealSource #50146018

Price change
$877,000
-2.45%
06/20/2024
MiRealSource

MiRealSource #50146018

Listed
$899,000
-2.71%
10/12/2021
Realcomp

Realcomp #2210014278

Sold
$924,000
+16.23%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rochester Community School District

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

$131,923
Asking price
$877,000
Closing costs (~8% of asking)
-$70,160
Est. remaining loan balance
-$674,917
Cash to seller
$131,923

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

Seller’s Loan History

Lender

University Lending Group Llc

Loan start date

October 2021

Original loan amount

$724,000

Est. remaining balance

$674,917

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Eric Burkheiser and Angela Burkheiser

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: 11/22/2024 at 2:20 PM

Listing updated: 10/17/2024 at 5:20 PM

Listed by: Kelly A Sadowski, Sine & Monaghan Realtors LLC St Clair Phone #: (810) 329-9001

MLS: MiRealSource #50146018

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