tomo logo

$1,600,000

Beds
4
Baths
4.5
sq ft
4,713

925 Cove Dr, Leonard, MI 48367

925 Cove Dr

Addison Twp, MI 48367

  • Pending
    • Price drop $175,000↓
HUGE PRICE IMPROVEMENT on this beachfront oasis on coveted all-sports Lakeville Lake! 2.5 acres on a private road with 80’ of sandy beach offers large lakefront deck, permanent dock and second driveway to the lake for launching your jet skis. Dream kitchen has custom knotty alder cabinetry, Sub Zero and Wolf appliances, generous pantry with built-in command center. Enjoy the large Great Room with volume ceiling, gorgeous stone fireplace and two sets of French doors that open to the deck. Primary bedroom with private en suite bathroom boasts its own private deck overlooking the beautiful lake as well as generous walk-in closet, gas fireplace and custom built-in storage wall. Entertain like never before in the walk-out lower level with custom kitchen and bar, Sub-Zero beverage center, stone fireplace and indoor basketball court. This is a very special home on one of the most desirable lakes in Oakland County. Seller is a licensed MI real estate agent. IDRBNG, Buyer to confirm all measurements and information.

Details

Property type

Single Family Residence

Est. home value

$2,169,980

Lot size

2.50 acres

Price per sq ft

$340

Year built

1991

Annual property taxes

$19,329

Monthly HOA fee

$41.67

Price History

07/06/2024
Realcomp

Realcomp #20240018808

Pending
$1,600,000
06/21/2024
Realcomp

Realcomp #20240018808

Price change
$1,600,000
-9.86%
05/24/2024
Realcomp

Realcomp #20240018808

Price change
$1,775,000
-5.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oxford

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

The Privatebank

Loan start date

November 2007

Original loan amount

$770,000

Est. remaining balance

Not provided

Interest rate

6.15%

Loan type

Credit Line (Revolving)

Seller

Robert O Rondeau Jr and Catherine H Rondeau

Lender

Bank Of America

Loan start date

June 1999

Original loan amount

$937,500

Est. remaining balance

Not provided

Interest rate

6.88%

Loan type

Not Provided

Seller

Robert O Rondeau Jr

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: 07/07/2024 at 5:35 PM

Listing updated: 07/06/2024 at 8:53 AM

Listed by: Lisa Cardinale Cox, Berkshire Hathaway HomeServices Kee Realty Oxford Phone #: (248) 628-7700

MLS: Realcomp #20240018808

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