tomo logo

$319,000

Beds
3
Baths
1.0
sq ft
922

1205 E 14 Mile Rd, Birmingham, MI 48009

1205 E 14 Mile Rd

Birmingham, MI 48009

  • 97 days on market
    • Price drop $10,000↓
Charming Turnkey Airbnb Opportunity – Ideal for Investors or Homeowners. This established and high-performing Airbnb is an ideal investment or personal residence. Located in a cozy ranch-style home, this property features a simple yet open layout, allowing for comfortable living and entertaining. The 922 sq. ft. of thoughtfully designed space places the square footage where you want it most—within the kitchen and living areas, perfect for gatherings and everyday living. The centrally located full bathroom adds convenience to the layout. Step outside to the backyard and enjoy a private, serene space with a fire pit area, ideal for relaxing evenings under the stars. Whether you're hosting Airbnb guests or enjoying the home yourself, this secluded outdoor spot is a true gem. The home has been updated with modern conveniences such as forced air heating, central air, and ceiling fans. Appliances, including a free-standing refrigerator, electric range, microwave, dishwasher, washer, and dryer, are all included. This property is situated on a 0.11-acre lot, providing a manageable outdoor space while maintaining a low-maintenance lifestyle. With its close proximity to key attractions and amenities, it is perfect for short-term rental guests or new homeowners looking for convenience. Furniture is not included but is available for purchase, making it easy to continue operating this home as a successful Airbnb. Don't miss the opportunity to own this exceptional property—whether you're looking for a turnkey investment or your next home, this cozy ranch offers both versatility and charm.

Details

Property type

Single Family Residence

Est. home value

$355,529

Lot size

4,792 sq ft

Price per sq ft

$346

Year built

1969

Annual property taxes

$5,662

Price History

11/13/2024
Realcomp

Realcomp #20240069546

Price change
$319,000
-3.04%
09/16/2024
Realcomp

Realcomp #20240069546

Listed
$329,000
+33.74%
06/10/2022
Realcomp

Realcomp #2220035032

Sold
$246,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

First Franklin Financial Corp

Loan start date

October 2005

Original loan amount

$119,000

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Brian Pancotto

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: 12/22/2024 at 8:20 PM

Listing updated: 11/13/2024 at 2:15 PM

Listed by: Muhammad Saleem, Onyx Real Estate Solutions Phone #: (248) 982-0951

MLS: Realcomp #20240069546

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