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$1,100,000

Beds
4
Baths
2.5
sq ft
3,024

1059 Floyd St, Birmingham, MI 48009

1059 Floyd St

Birmingham, MI 48009

  • 33 days on market
Discover this one-of-a-kind San Francisco-style home in Birmingham’s most sought-after downtown neighborhood. Located just steps from Barnum Park, top-rated restaurants, and charming shops, 1059 Floyd offers the perfect blend of location and lifestyle. This stunning property boasts exceptional architectural details and timeless charm while offering modern amenities, including an attached garage with a heated driveway, four bedrooms, a first-floor office/lounge, a gourmet kitchen with high-end appliances, a secondary entertaining kitchen, and a convenient second-floor laundry. The spacious layout is ideal for both daily living and entertaining. Recent updates include a newer roof, siding, Anderson windows, A/C, furnace, tankless water heater, and generator. Welcome to your new home!

Details

Property type

Single Family Residence

Est. home value

$1,201,900

Lot size

4,792 sq ft

Price per sq ft

$364

Year built

2003

Annual property taxes

$19,646

Price History

10/16/2024
Realcomp

Realcomp #20240078487

Listed
$1,100,000
+36.48%
12/11/2020
Realcomp

Realcomp #2200059174

Sold
$806,000
+11.17%
08/17/2017
Realcomp

Realcomp #217042617

Sold
$725,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$648,384
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$363,616
Cash to seller
$648,384

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 2017

Original loan amount

$424,100

Est. remaining balance

$363,616

Interest rate

4.03%

Loan type

New Conventional, 30 year

Seller

Matt C Simpson and Mary P Simpson

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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Price drop
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4701 Tonawanda Ave, Royal Oak, MI 48073

Status: Active

Tomo last checked: 11/19/2024 at 4:50 AM

Listing updated: 10/20/2024 at 8:40 PM

Listed by: Lauren Rahaim, DOBI Real Estate Phone #: (248) 385-3350

MLS: Realcomp #20240078487

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