tomo logo

$375,000

Beds
3
Baths
1.5
sq ft
1,102

1128 Woodlawn Ave, Royal Oak, MI 48073

1128 Woodlawn Ave

Royal Oak, MI 48073

  • 14 days on market
This Royal Oak ranch has a great location close to downtown Royal Oak offering shopping, dining, and entertainment options, Royal Oak Music Theater, Farmers Market and a short drive to The Detroit Zoo ~ this home is move in ready, the main floor features open floor plan with updated kitchen with breakfast bar, dining room, living room with large window providing lots of natural light, 3 bedrooms and and a full bath, beautifully finished lower level provides an additional family room and 1/2 bath as well as plenty of storage space. Outside you have a fully fenced back yard, great patio space, 2 car garage and additional space on the other side of the garage for gardening or just extra yard space. The corner lot gives lots of front yard as well as a decent amount of backyard space and neighborhood sidewalks.

Details

Property type

Single Family Residence

Est. home value

$361,514

Lot size

7,405 sq ft

Price per sq ft

$341

Year built

1956

Annual property taxes

$5,614

Price History

09/05/2024
Realcomp

Realcomp #20240066391

Listed
$375,000
+17.55%
01/11/2022
Realcomp

Realcomp #2220001184

Sold
$319,000
+76.24%
02/28/2017
Realcomp

Realcomp #216097621

Sold
$181,000

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

$76,676
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$268,324
Cash to seller
$76,676

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

February 2022

Original loan amount

$283,882

Est. remaining balance

$268,324

Interest rate

3.05%

Loan type

FHA, 30 year

Seller

Michael E Ursu

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: 09/19/2024 at 7:25 PM

Listing updated: 09/09/2024 at 8:01 PM

Listed by: Tina M Peterson, Real Estate One Phone #: (517) 295-4294

MLS: Realcomp #20240066391

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