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$389,000

Beds
3
Baths
2.0
sq ft
1,061

1016 Catalpa Dr, Royal Oak, MI 48067

1016 Catalpa Dr

Royal Oak, MI 48067

  • 17 days on market
    • Price drop $10,000↓
Vinsetta Park Bungalow with A FULL BATH in upstairs bedroom. 3 bedrooms and 2 full baths in this 1300 square foot pristinely maintained walk to town gem. Hard wood floors throughout first floor, formal dining room with French Doors leading out to large deck overlooking private and deep (50 x 146 lot) landscaped and fenced yard. Upstairs bedroom not only has a full bath, but tons of closet space. Most windows replaced. Roof is 2016, Furnace new in 12/22. Excluded items are the mirror @ the front door, mirrors in the dining room, drapes and hardware in living room.

Details

Property type

Single Family Residence

Est. home value

$344,328

Lot size

7,405 sq ft

Price per sq ft

$367

Year built

1950

Annual property taxes

$5,034

Price History

11/16/2024
Realcomp

Realcomp #20240083292

Price change
$389,000
-2.51%
11/04/2024
Realcomp

Realcomp #20240083292

Listed
$399,000
+50.57%
06/25/2020
Realcomp

Realcomp #2200037313

Sold
$265,000
+26.19%

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

$129,169
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$228,711
Cash to seller
$129,169

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2020

Original loan amount

$251,750

Est. remaining balance

$228,711

Interest rate

3.26%

Loan type

New Conventional, 30 year

Seller

Joshua Speak

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: 11/21/2024 at 9:15 PM

Listing updated: 11/16/2024 at 10:55 AM

Listed by: Lori Goldman, Berkshire Hathaway HomeServices Kee Realty Bham Phone #: (248) 646-6200

MLS: Realcomp #20240083292

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