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$215,000

Beds
2
Baths
1.5
sq ft
900

1245 Derby Rd Unit 2, Birmingham, MI 48009

1245 Derby Rd Unit 2

Birmingham, MI 48009

  • 3 days on market
    • Open house Feb 23
#WelcomeHOM to Birmingham! This much desired, first-floor unit has 2 bedrooms and 2 bathrooms and is updated thoroughout. Community features affordable HOA including water, trash and maintenance PLUS an amazing community pool. This unit is handicap accessible and has newer in-unit laundry. Birmingham Schools. BATVAI

Details

Property type

Condominium

Est. home value

$200,697

Lot size

Unknown

Price per sq ft

$239

Year built

1960

Annual property taxes

$3,064

Monthly HOA fee

$300

Price History

02/19/2025
Realcomp

Realcomp #20250011153

Listed
$215,000
+19.44%
07/23/2021
Realcomp

Realcomp #2210048063

Sold
$180,000
+12.5%
02/26/2021
Realcomp

Realcomp #2200079260

Sold
$160,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$44,504
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$153,296
Cash to seller
$44,504

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$166,250

Est. remaining balance

$153,296

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Leon Paul

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: 02/23/2025 at 10:40 AM

Listing updated: 02/22/2025 at 12:09 AM

Listed by: Dade DiMaggio, Dade DiMaggio, House Of MayHouse Of May Phone #: (248) 525-1552

MLS: Realcomp #20250011153

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