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$275,000

Beds
3
Baths
1.5
sq ft
1,476

1337 Elliott Ave, Madison Heights, MI 48071

1337 Elliott Ave

Madison Heights, MI 48071

  • 22 days on market
UPDATED 3 BEDROOM MADISON HEIGHTS HOME FOR SALE. Seems like it’s been nearly impossible in this market to find a 3 bedroom move in ready, updated home. Well look no further, because this home has it all. First off, it’s location 1 mile from i75 and i696 is convenient for travel anywhere around metro Detroit. Inside, enjoy the open layout with living room, dining room, and kitchen all in line with each other. The kitchen has refinished cabinets, granite counters, stainless steel appliances, and glass backsplash. The lower living level is a giant entertainer’s room with plenty of room to spread out and watch the big game or have a movie night. There’s even an eat in area and half bath for convenience. Plus, there’s a convenient separate laundry room and walk out access to the back yard. The back yard has an oversized 2.5 car garage, huge deck, paved grill area and perfect sized yard. It’s even fenced and ready for a dog to run around and enjoy the space. Back inside, enjoy the unusual setup with 2 large bedrooms big enough for a king and furniture, along with one regular sized room. And with award winning Lamphere Schools this home is sure to go quick, so get in and check it out before it’s gone.

Details

Property type

Single Family Residence

Est. home value

$239,940

Lot size

5,663 sq ft

Price per sq ft

$187

Year built

1957

Annual property taxes

$4,694

Price History

06/12/2024
Realcomp

Realcomp #20240041518

Listed
$275,000
+53.2%
09/25/2019
Realcomp

Realcomp #58031391316

Sold
$179,500
+42.46%
10/28/2014
Realcomp

Realcomp #214072083

Sold
$126,000

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

$106,246
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$146,754
Cash to seller
$106,246

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

Seller’s Loan History

Lender

Guardian Mortgage Co Inc

Loan start date

May 2021

Original loan amount

$166,000

Est. remaining balance

$146,754

Interest rate

3.18%

Loan type

New Conventional, 20 year

Seller

Robert Raab and Robert C Raab

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: 07/04/2024 at 10:05 PM

Listing updated: 06/26/2024 at 5:23 PM

Listed by: Nick Casteel, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #20240041518

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