tomo logo

$619,900

Beds
8
Baths
6.0
sq ft
4,940

1060 Parker St, Detroit, MI 48214

1060 Parker St

Detroit, MI 48214

  • 235 days on market
    • Price drop $10,000↓
This 8 bedroom, 6 bath Tri-plex in West Village is located on one of the most coveted blocks in the neighborhood and is over a century old. With over 6200+ sq feet, this home offers stunning historical details throughout including coved ceilings and wainscoting and original hardwood floors. Tons of natural light pours into the living rooms on first and second floors, formal dining rooms lead to butler's pantries off kitchens. First and second floors boast 3 bedrooms and 2 full baths. Charming and quaint third floor boasts great architecture in the living room with sunny window nooks everywhere you turn! 2 bedrooms and 2 baths finish off this upper level! 3 car detached garage, 2 separate furnace rooms & laundry rooms. Sister Pie, Marrow, Village Parlor, Red Hook, Fauno & MORE all within walking distance! This property would make a great income property or owner occupied! Buyer to assume responsibility for city inspection and Detroit City Occupancy Certificate.

Details

Property type

Single Family Residence

Est. home value

$663,952

Lot size

9,583 sq ft

Price per sq ft

$126

Year built

1912

Annual property taxes

$23,341

Price History

06/12/2024
Realcomp

Realcomp #20230096076

Price change
$619,900
-1.59%
04/01/2024
Realcomp

Realcomp #20230096076

Price change
$629,900
-3.08%
11/10/2023
Realcomp

Realcomp #20230096076

Listed
$649,900
+20.35%

Schools & Community

Neighborhood: 

Indian Village

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

Loc Fcu

Loan start date

July 2022

Original loan amount

$36,500

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

Credit Line (Revolving), 15 year

Seller

Gary Brownell

Lender

Loc Fcu

Loan start date

July 2022

Original loan amount

$36,500

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

Credit Line (Revolving), 15 year

Seller

Gary Brownell

Lender

Home Point Financial Corporation

Loan start date

June 2021

Original loan amount

$402,500

Est. remaining balance

$375,926

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Gary Brownell

Lender

Home Point Financial Corporation

Loan start date

June 2021

Original loan amount

$402,500

Est. remaining balance

$375,926

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Gary Brownell

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: 07/02/2024 at 7:15 PM

Listing updated: 06/12/2024 at 3:56 PM

Listed by: Hayley Steinkopf Bonafede, @properties Christie's Int'l RE Grosse Pointe Phone #: (313) 228-2221

MLS: Realcomp #20230096076

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