tomo logo

$950,000

Beds
5
Baths
4.5
sq ft
2,627

906 Cherokee Ave, Royal Oak, MI 48067

906 Cherokee Ave

Royal Oak, MI 48067

  • 5 days on market
**BUYER FINANCING FELL THROUGH - DON'T MISS YOUR SECOND CHANCE!** EXPERIENCE UNMATCHED MODERN LUXURY AND AN UNBEATABLE LOCATION WITH THIS EXQUISITE HOME, BUILT IN DECEMBER 2018. STEP INTO AN OPULENT RESIDENCE FEATURING AN OPEN-CONCEPT KITCHEN AND LIVING AREA, EQUIPPED WITH TOP-OF-THE-LINE APPLIANCES, HIGH-END FINISHES, AND ABUNDANT COUNTER SPACE—PERFECT FOR CASUAL MEALS AND ELEGANT GATHERINGS. THIS HOME BOASTS FIVE SPACIOUS BEDROOMS AND FOUR AND A HALF BATHROOMS, INCLUDING A LAVISH PRIMARY SUITE WITH A CONTEMPORARY EN-SUITE BATHROOM AND CUSTOM-BUILT CLOSET. A JUNIOR SUITE UPSTAIRS ALSO OFFERS EXTRA COMFORT AND PRIVACY WITH ITS OWN EN-SUITE BATHROOM, IDEAL FOR GUESTS OR FAMILY MEMBERS. THE FINISHED BASEMENT IS AN ENTERTAINER’S DREAM, COMPLETE WITH A FULLY EQUIPPED BAR WITH A FULL-SIZE REFRIGERATOR, DISHWASHER AND SINK, A HIDDEN CHILDREN’S PLAYROOM, A SECOND LAUNDRY ROOM, AND AN ADDITIONAL BEDROOM AND DUAL-ENTRY FULL BATHROOM. IT CAN EVEN SERVE AS ITS OWN ONE-BEDROOM APARTMENT IF NEEDED! DESIGNED FOR THOSE WHO WORK FROM HOME, THE BRIGHT AND FUNCTIONAL OFFICE OFFERS A PRIVATE, DEDICATED SPACE FOR PRODUCTIVITY. THE COVERED CABANA-STYLE ATTACHED PATIO PROVIDES A TRANQUIL SETTING FOR YEAR-ROUND OUTDOOR LIVING AND ENTERTAINMENT. WITH TOP-OF-THE-LINE INSULATION AND ENERGY-EFFICIENT WINDOWS THROUGHOUT, YOU’LL ENJOY CHEAP UTILITIES WHILE MAINTAINING MAXIMUM COMFORT. LOCATED IN A HIGHLY DESIRABLE AREA WITHIN WALKING DISTANCE TO DOWNTOWN ROYAL OAK, THIS HOME OFFERS THE PERFECT BLEND OF URBAN CONVENIENCE AND UPSCALE LUXURY LIVING. YOU’LL HAVE EASY ACCESS TO SHOPS, RESTAURANTS, AND ENTERTAINMENT, AND BE JUST A 15-MINUTE DRIVE TO DOWNTOWN DETROIT, SITUATING YOU IN THE HEART OF METRO DETROIT’S MOST SOUGHT-AFTER SOCIAL SCENE. CONTACT US TODAY FOR A LIST OF THIS HOME'S AMENITIES AND TO SCHEDULE A VIEWING. DON'T MISS OUT ON THE OPPORTUNITY TO EXPERIENCE LUXURY LIVING IN ROYAL OAK!

Details

Property type

Single Family Residence

Est. home value

$699,859

Lot size

7,405 sq ft

Price per sq ft

$362

Year built

2018

Annual property taxes

$12,764

Price History

09/12/2024
Realcomp

Realcomp #20240068708

Listed
$950,000
09/11/2024
Realcomp

Realcomp #20240056822

Removed
$950,000
09/11/2024
Realcomp

Realcomp #20240056822

Listed
$950,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Michigan First Cu

Loan start date

March 2024

Original loan amount

$163,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Non Purchase Money Mortgage, 15 year

Seller

Marc Armstrong Ii and Shareese Shorter

Lender

Michigan First Cu

Loan start date

May 2021

Original loan amount

$30,000

Est. remaining balance

Not provided

Interest rate

2.4%

Loan type

Stand Alone Second, 15 year

Seller

Marc Armstrong Ii and Shareese Shorter

Lender

United Wholesale Mortgage

Loan start date

February 2020

Original loan amount

$335,000

Est. remaining balance

$304,865

Interest rate

3.64%

Loan type

New Conventional, 30 year

Seller

Marc Armstrong Ii and Shareese Shorter

Lender

Michigan First Cu

Loan start date

September 2019

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

3.46%

Loan type

Credit Line (Revolving), 14 year

Seller

Marc Armstrong Ii

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: 09/17/2024 at 11:15 PM

Listing updated: 09/15/2024 at 2:21 PM

Listed by: Andrea Cook, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240068708

Realcomp logo

Recently listed in Royal Oak

$415,000|3 bd|2.5 ba|House
$150,000|2 bd|1.5 ba|Condo
$429,900|3 bd|3.0 ba|House
$215,000|3 bd|1.0 ba|House
$1,169,000|4 bd|3.5 ba|House
$749,000|5 bd|3.5 ba|House
$349,000|3 bd|2.0 ba|House
$650,000|3 bd|3.0 ba|House