tomo logo

$89,000

Beds
3
Baths
1.0
sq ft
1,108

10404 Somerset Ave, Detroit, MI 48224

10404 Somerset Ave

Detroit, MI 48224

  • 33 days on market
**HIGH ROI, TERRIFIC ALL BRICK BUNGALOW WITH TONS OF CURB APPEAL**Home has a Section 8 tenant paying $900 per month. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! Call/text for more information.

Details

Property type

Single Family Residence

Est. home value

$74,452

Lot size

5,227 sq ft

Price per sq ft

$81

Year built

1940

Annual property taxes

$1,518

Price History

11/19/2024
Realcomp

Realcomp #20240087275

Listed
$89,000
+160.23%
10/24/2017
MiRealSource

MiRealSource #31329656

Sold
$34,200

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

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

Bam Housing Llc

Loan start date

May 2014

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Seller take-back

Seller

Kenneth Marvin Jones and Bernice Mcclure Jones

Lender

Bam Housing Llc

Loan start date

May 2014

Original loan amount

$19,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Seller take-back

Seller

Kenneth Marvin Jones and Bernice Mcclure Jones

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: 12/22/2024 at 10:00 PM

Listing updated: 12/08/2024 at 6:05 AM

Listed by: Hasson Hammoud, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240087275

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