tomo logo

$569,900

Beds
3
Baths
2.0
sq ft
2,072

1305 Vinsetta Blvd, Royal Oak, MI 48067

1305 Vinsetta Blvd

Royal Oak, MI 48067

  • Pending
    • Price drop $50,000↓
Location, location, location....one of the best locations in the city. Large lot and private. Home has had some improvements but is still in need of significant updates. House needs work. Recent updates: New central air, basement waterproofed, electrical updated to 200 amp service, whole house generator, some new Marvin windows, glass block windows. House is loaded with charm and waiting for your updates. Home is flooded with sunlight, 3 fireplaces, pine paneled family room, and 3 car garage. Agent is owner. A/V recording devices are present. Seller is requesting 60-90 days possession. Ring doorbell is excluded. Home is being sold as-is. Showing on Monday to Thursdays is 5-7p

Details

Property type

Single Family Residence

Est. home value

$532,104

Lot size

0.38 acres

Price per sq ft

$276

Year built

1919

Annual property taxes

$8,457

Price History

11/19/2024
Realcomp

Realcomp #20240067075

Pending
$569,900
-8.07%
10/07/2024
Realcomp

Realcomp #20240067075

Price change
$619,900
-4.62%
09/23/2024
Realcomp

Realcomp #20240067075

Price change
$649,900
-7.14%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

Aim Cu

Loan start date

February 2022

Original loan amount

$210,000

Est. remaining balance

Not provided

Interest rate

2.57%

Loan type

Credit Line (Revolving), 30 year

Seller

John Madison

Lender

Alliant Cu

Loan start date

April 2021

Original loan amount

$135,000

Est. remaining balance

Not provided

Interest rate

2.99%

Loan type

Credit Line (Revolving), 30 year

Seller

John Madison

Lender

Ross Mortgage Corp

Loan start date

August 2020

Original loan amount

$293,000

Est. remaining balance

$258,183

Interest rate

3.03%

Loan type

New Conventional, 25 year

Seller

John Madison

Lender

United Wholesale Mortgage

Loan start date

February 2020

Original loan amount

$289,273

Est. remaining balance

$262,094

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

John Madison

Lender

Ross Mortgage Corp

Loan start date

October 2017

Original loan amount

$297,600

Est. remaining balance

$254,706

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

John Madison

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: Pending/Under Contract

Tomo last checked: 11/22/2024 at 9:35 AM

Listing updated: 11/19/2024 at 12:46 PM

Listed by: John M Madison, Powell Real Estate Phone #: (248) 914-3682

MLS: Realcomp #20240067075

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