tomo logo

$79,900

Beds
3
Baths
1.0
sq ft
1,076

11426 Laing St, Detroit, MI 48224

11426 Laing St

Detroit, MI 48224

  • 28 days on market
This is a solid brick bungalow situated on a corner lot offering tremendous value and instant equity. You can move in and build sweat equity or keep it as an investment property. Very little is left to be completed here. Finding value in this price range is becoming increasingly difficult. This is one of the last up-and-coming Detroit neighborhoods where you can purchase a brick home below 100K.

Details

Property type

Single Family Residence

Est. home value

$70,666

Lot size

4,792 sq ft

Price per sq ft

$75

Year built

1952

Annual property taxes

$1,548

Price History

08/21/2024
Realcomp

Realcomp #20240062332

Listed
$79,900
+85.81%
12/23/2020
Realcomp

Realcomp #2200080741

Sold
$43,000
+760%
02/21/2018
Realcomp

Realcomp #217098537

Sold
$5,000

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

Sun West Mortgage Company Inc

Loan start date

July 2009

Original loan amount

$148,500

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 85 year

Seller

Harvey Greer Jr

Lender

Sun West Mortgage Company Inc

Loan start date

July 2009

Original loan amount

$148,500

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 85 year

Seller

Harvey Greer Jr

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?

Similar Homes Nearby

Realcomp
$85,000
3 bd
|
1 ba
|
968 sq ft
|
House

12793 Payton St, Detroit, MI 48224

Price drop
Realcomp
$79,000
3 bd
|
1 ba
|
925 sq ft
|
House

16121 Manning St, Detroit, MI 48205

Price drop
Realcomp
$82,500
3 bd
|
1 ba
|
1,046 sq ft
|
House

10345 Greensboro St, Detroit, MI 48224

Status: Active

Tomo last checked: 09/19/2024 at 12:15 PM

Listing updated: 08/22/2024 at 11:33 AM

Listed by: Sami M Abdallah, RE/MAX City Centre Phone #: (313) 528-3002

MLS: Realcomp #20240062332

Realcomp logo

Recently listed in Detroit

$100,000|3 bd|1.0 ba|House
$130,000|4 bd|1.0 ba|House
$500,000|8 bd|4.0 ba|House
$169,999|3 bd|2.0 ba|House
$100,000|3 bd|1.0 ba|House
$160,000|3 bd|1.0 ba|House
$159,900|5 bd|2.0 ba|Manufactured
$189,900|3 bd|2.0 ba|House