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$326,400

Beds
3
Baths
2.5
sq ft
2,029

11400 Chicago Rd, Warren, MI 48093

11400 Chicago Rd

Warren, MI 48093

  • 94 days on market
Great Opportunity to own this single-family home oozing with potential. This home was built in 1981 and features 3 bedrooms and 2.1 bathrooms, with plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***

Details

Property type

Single Family Residence

Est. home value

$269,143

Lot size

0.57 acres

Price per sq ft

$161

Year built

1981

Annual property taxes

$10,861

Price History

08/19/2024
Realcomp

Realcomp #20240061616

Listed
$326,400

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$99,316
Asking price
$326,400
Closing costs (~8% of asking)
-$26,112
Est. remaining loan balance
-$200,972
Cash to seller
$99,316

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

Seller’s Loan History

Lender

First State Bank

Loan start date

March 2018

Original loan amount

$230,743

Est. remaining balance

$200,972

Interest rate

4.15%

Loan type

FHA, 30 year

Seller

Gregory Hertz

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: 11/22/2024 at 3:35 AM

Listing updated: 11/08/2024 at 3:15 PM

Listed by: Lori A Brown, Realhome Services and Solutions Inc Phone #: (888) 876-3372

MLS: Realcomp #20240061616

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