Michigan Real Estate-Southeastern Region-Keller Williams

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Debby Poronto

Washington Township Foreclosure SOLD!

This beautiful home is built in 2005, but never lived in, and essentially a new construction home.  The Certificate of Occupancy had never been obtained from the township. 

The good things: 

It is brand new, and everything is in good shape.  There is no apparent mold, it has a daylight basement, a first floor and a second floor laundry, a beautiful master suite, nice quality maple cabinets.  At 4,082 square feet, it is a steal priced at $319,900.  It is in a subdivision of homes that are worth $800,000 and below.  For the buyer that hangs on to this property until the market turns, they will make some money on this house.

 

The bad things:

The buyer will incur cost from the township when obtaining the Cert. of Occupancy, and will need to complete any items that the inspector finds faulty.  There is no landscaping, and the stairs leading up to the house, which sits high above the ground, are only temporary.  One could easily spend $40,000 - $80,000 on landscape and hardscape alone.  The property backs up to 28 Mile Road, which could be a deterrent when it comes to re-selling this property.  There is no carpeting.  The lot next door is considerably higher than this lot, so all the water will run toward this house.  The lot also needs a large retaining wall installed, but it is not apparent who would be responsible for it. This house must have an independent survey performed, which also will run more than $1,000.

 

The house was on the market for 17 days before going pending, and sold for $301,900 Cash.

R30630235C6436  ADAMS DRWASHINGTON TWPList: $319,900 Sell: $301,900How Sold: CASH
Click Photo for More Photos
MLS Area: 50006 WASHINGTON TWPBdRms: 4Total Rms: 10
MapCo: C-21Bth F/H: 3.1Acre: .46
Yr Blt: 2005Garage: 3.0Lot Size: 100x200
Style: 13 2 STORY RES/Full MasonryBlt On: BASEMENTAssoc Fee: $ 0 
Sch Dst: ROMEOSq Feet: 4,082Possess: 0 Days
Cross Streets: NORTH 28 MILE ROAD - EAST OF MOUND ROAD
BANK OWNED. BRICK 3 STORY HOME ON A WALK OUT BASEMENT. 4 BEDROOMS, 1ST AND 2ND FLOOR LAUNDRY ROOMS. BUTLERS PANTRY, SIDE PORCH, SITTING ROOM FIREPLACE. CHERRY KITCHEN. 2 SIDED FIREPLACE. TWIN W-I-C,ROMAN TUB, CUSTOM BATH WITH DOUBLE SINKS. 3 CAR ATTACHED GARAGE

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Comments

 

Jodi Suguitan said:

Even with all the repairs and expenses whoever got this one got a great deal in my opinion!

December 14, 2008 5:45 PM

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