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$94,500

Beds
3
Baths
1.0
sq ft
1,153

10596 Somerset Ave, Detroit, MI 48224

10596 Somerset Ave

Detroit, MI 48224

  • 223 days on market
    • Price drop $3,900↓
PRICE REDUCTION! This must see cozy three bedroom bungalow is your next home. You’ll love how spacious this home is, and the modern appeal at every turn. Completely renovated in 2023, The neutral paint, laminate and carpet flooring offers a variety of options for your desired decor, and the English arched front window adds a lovely touch of old world charm. This home boasts beautiful granite like countertops, modern lighting, an immense master bedroom, and a spotless basement with a newly installed water heater and furnace. CHECK OUT THE NEW REDUCED PRICE FOR LAND CONTRACT OPTION, $110K-$105K AND LOWER DOWN PAYMENT! Enjoy low interest only payments for 2 years with the land contract option. Look no further, schedule an appointment today!

Details

Property type

Single Family Residence

Est. home value

$98,161

Lot size

4,792 sq ft

Price per sq ft

$82

Year built

1938

Annual property taxes

$1,167

Price History

04/19/2024
Realcomp

Realcomp #20230099499

Price change
$94,500
-3.96%
02/22/2024
Realcomp

Realcomp #20230099499

Price change
$98,400
-1.5%
11/24/2023
Realcomp

Realcomp #20230099499

Listed
$99,900

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

Opportunity Resource Fund

Loan start date

March 2023

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Commercial, 1 year

Seller

Real Estate Title Agency Llc

Lender

Opportunity Resource Fund

Loan start date

March 2023

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

6.33%

Loan type

Commercial, 1 year

Seller

Real Estate Title Agency Llc

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: 07/05/2024 at 12:15 AM

Listing updated: 06/30/2024 at 7:53 AM

Listed by: Lori A Tooles, Prime Financial Plus Realty Phone #: (313) 861-9626

MLS: Realcomp #20230099499

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