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$255,000

Beds
4
Baths
2.0
sq ft
1,603

1269 Jerry Ave, Madison Heights, MI 48071

1269 Jerry Ave

Madison Heights, MI 48071

  • 20 days on market
Welcome to this charming and spacious 4-bedroom, 2-bathroom Cape Cod home! Space is abundant for family living, as the home features generously sized bedrooms, perfect for relaxing or creating your retreat. A versatile flex room is ready to be transformed into your dream home office or playroom. The oversized eat-in kitchen is ideal for cooking and entertaining, while the convenient first-floor laundry adds ease to everyday living. With a 2.5-car garage, you will have plenty of space for storage or additional hobbies. This home is priced for a quick sale, offering incredible value. Do not miss out on this rare find – schedule your showing today.

Details

Property type

Single Family Residence

Est. home value

$237,799

Lot size

5,227 sq ft

Price per sq ft

$160

Year built

1958

Annual property taxes

$6,592

Price History

02/02/2025
Realcomp

Realcomp #20250007180

Listed
$255,000
+42.86%
05/25/2022
Realcomp

Realcomp #2220024911

Sold
$178,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lamphere

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

$97,948
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$136,652
Cash to seller
$97,948

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

May 2022

Original loan amount

$142,800

Est. remaining balance

$136,652

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Maria Tumanyan

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: 02/22/2025 at 11:20 PM

Listing updated: 02/10/2025 at 10:29 AM

Listed by: Albert Mughannem, Preferred, Realtors® Ltd Phone #: (734) 459-6000

MLS: Realcomp #20250007180

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