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$299,900

Beds
2
Baths
1.0
sq ft
974

1202 Etowah Ave, Royal Oak, MI 48067

1202 Etowah Ave

Royal Oak, MI 48067

  • 6 days on market
Charming 2-bedroom ranch with a 3-car garage and a covered front porch, located near downtown Royal Oak. The home features hardwood floors throughout, an open-concept living room with a fireplace, and a dining room ideal for gatherings. The kitchen has new stainless steel appliances and a stylish tile backsplash. There's potential for a spacious bungalow bedroom, and the new A/C ensures comfort year-round. The unfinished basement provides ample space for storage or future customization.

Details

Property type

Single Family Residence

Est. home value

$289,357

Lot size

6,534 sq ft

Price per sq ft

$308

Year built

1920

Annual property taxes

$4,841

Price History

09/17/2024
Realcomp

Realcomp #20240068326

Listed
$299,900
09/16/2024
Realcomp

Realcomp #20240068326

Pending
$299,900
09/11/2024
Realcomp

Realcomp #20240068326

Listed
$299,900
+24.96%

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

$63,599
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$212,309
Cash to seller
$63,599

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

July 2020

Original loan amount

$232,800

Est. remaining balance

$212,309

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Besa Karanfili and Daniel Joseph Mcdonald

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?

Status: Active

Tomo last checked: 09/17/2024 at 9:15 PM

Listing updated: 09/17/2024 at 9:31 AM

Listed by: Ross Rossan, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240068326

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