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$446,802Estimated home value

Beds
2
Baths
2.0
sq ft
1,405

101 Curry Ave Unit 232, Royal Oak, MI 48067

101 Curry Ave Unit 232

Royal Oak, MI 48067

  • Sold On 9/23/2024
    • Price drop $100,000↓
Cut loose or kick back, SkyLofts MarketSquare is the ultimate city hot spot. It's loft living in Metro Detroit’s hippest part of Royal Oak – with exceptional restaurants, nightspots, shops and services, just a few steps away. Plus, you're just minutes away from anywhere in metro Detroit with easy access to I-696 and I-75. Out of town investors and transferees looking for a home will be rest assured—Royal Oak is notably one of the most safest cities to place your bets! Let’s talk about this penthouse corner unit situated in the most sought after area of downtown! One of only FOUR of its kind—the only corner unit loft on the market that has a huge oversized outdoor terrace space. Its stylish design and executive layout provides for seamless living space with two large enclosed bedrooms, two full bathrooms, in-unit washer and dryer, huge walk-in closets with amble storage space and additional 8ft storage cages in the basement along with a luxurious gym, attached garage parking as well as outdoor parking lot for guests! Don’t miss this opportunity, act fast and schedule a tour! agent is related to owner

Details

Property type

Condominium

Est. home value

$446,802

Lot size

Unknown

Price per sq ft

$353

Year built

2005

Annual property taxes

$7,433

Monthly HOA fee

$465

Price History

09/13/2024
Realcomp

Realcomp #20240042298

Sold
$500,000
+1.01%
09/09/2024
Realcomp

Realcomp #20240042298

Pending
$495,000
07/04/2024
Realcomp

Realcomp #20240042298

Price change
$495,000
-16.81%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$162,793
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$292,607
Cash to seller
$162,793

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$313,500

Est. remaining balance

$292,607

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Pauline Faranso and Nick Faranso

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: Off Market

Tomo last checked: 10/01/2024 at 7:05 AM

Listing updated: 09/23/2024 at 6:35 PM

Listed by: Jeniece Faranso, Real Estate One-W Blmfld Phone #: (248) 851-4100

MLS: Realcomp #20240042298

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