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$5,995,500

Beds
5
Baths
6.0
sq ft
7,600

851 Highwood Dr, Bloomfield Hills, MI 48304

851 Highwood Dr

Bloomfield Twp, MI 48304

  • 53 days on market
    • Open house Jul 07
**Open House go to: 600 Chase Lane, Bloomfield Hills to view builder’s model “The Cameron” on Sunday July 7th from 1PM TO 4PM** Introducing "The Madison" a unique expansive plan for the architect lovers. This plan boasts over 7,600 sf on the 1st and second floor and an additional 2,500 on the walkout lower level. You will be impressed with the grand entry dual staircase that leaves you exhilarated. Then leads you to the open opulent extravagant gallery that takes you to all areas of the first floor. First floor primary suite is an oasis of space that has it's own garage entrance, mudroom, laundry, sitting area, closet, & spa like bath. 6 Car garages nicely secure all the cars inside with the ability to have lifts to add more cars for up to 12 cars. The main mudroom has a 3rd stair case, laundry, powder bath & elevator access. The formal dining room can easily seat up to 30 guests. The back of the home will overlook the pool and outdoor living spaces with amazing windows in the 2 story great room all open to the kitchen & dining room. Step out to the covered lanai off the nook and have an additional convenient outdoor living space. As you walk up to the upper level, you will be mesmerized by the spectacular stair cases that winds you up to grandeur & luxury. 4 additional suites await on the second level with generously sized baths & closets. All upper rooms have access to an upper laundry room. On the lower level you have an additional 2,500 square feet that we can design to fit your lifestyle. Don't wait as this one of a kind design fits this expansive wide 1.24 acre lot beautifully! Diamond Reserve package, pool, & landscaping is all included. Renderings show upgrade options. Still time to design to your distinctive taste. Visit sapphireluxuryhomes to tour or learn more.

Details

Property type

Single Family Residence

Est. home value

$2,454,979

Lot size

1.24 acres

Price per sq ft

$789

Year built

2024

Annual property taxes

$25,000

Price History

05/09/2024
Realcomp

Realcomp #20240031633

Listed
$5,995,500
+146.22%
05/02/2024
Realcomp

Realcomp #20230102157

Removed
$2,435,000
12/06/2023
Realcomp

Realcomp #20230102157

Listed
$2,435,000
+399.49%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomfield 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

$5,183,404
Asking price
$5,995,500
Closing costs (~8% of asking)
-$479,640
Est. remaining loan balance
-$332,456
Cash to seller
$5,183,404

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

Seller’s Loan History

Lender

P & L Investments Llc

Loan start date

October 2023

Original loan amount

$375,000

Est. remaining balance

$332,456

Interest rate

7.23%

Loan type

New Conventional, 5 year

Seller

Laith L Yaldoo and Mary Ann Yaldoo

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: 07/02/2024 at 7:20 PM

Listing updated: 07/02/2024 at 11:33 AM

Listed by: Saba Katto, Sapphire Realty Phone #: (248) 930-9300

MLS: Realcomp #20240031633

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