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$112,000

Beds
3
Baths
1.5
sq ft
1,041

14007 Fairmount Dr, Detroit, MI 48205

14007 Fairmount Dr

Detroit, MI 48205

  • 182 days on market
***BACK ON MARKET AFTER FHA APPRAISAL WITH NO REPAIRS APPRAISED AT VALUE $122,00 BUT PREVIOUS OFFER LOST LENDING*** LOOKING FOR A BRICK BUNGALOW MOVE-IN READY IN DETROIT'S EASTSIDE? This is it! Perfect for a first time home-buyer or investor looking for a great opportunity. You’ll love the spacious main floor w/ large living rooms w/ a natural fireplace, Dining room w/ several windows that let in TONS of natural sunlight to make a day at home feel blissful. Updated kitchen w/ lots of cabinets w/ counter space has plenty of storage & cooking areas.Upstairs you’ll find a HUGE primary bedroom w/ a large closet. Unfinished basement but there is plenty of space to add an entertainment area, game room, home gym, or pantry storage. Fully-fenced backyard perfect for creating your dream garden or ready for you to host family gatherings. Furnace & HWT installed before closing.Great location minutes away from I-94, 8 Mile, & Gration. Unlimited options for shopping, restaurants & grocery stores.Schedule your private showing today ****(MSHDA DOWN PAYMENT ASSISTANCE OF $7,500 UP TO $10,000 BASE ON TARGET ZIP CODE)+(SELLER CONCESSION AVAILABLE)****

Details

Property type

Single Family Residence

Est. home value

$58,570

Lot size

4,792 sq ft

Price per sq ft

$108

Year built

1948

Annual property taxes

$1,508

Price History

01/03/2025
Realcomp

Realcomp #20240050279

Listed
$112,000
10/31/2024
Realcomp

Realcomp #20240050279

Pending
$112,000
09/26/2024
Realcomp

Realcomp #20240050279

Listed
$112,000

Schools & Community

Neighborhood: 

Mohican Regent

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

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

Randall B Eissa Inc

Loan start date

February 2017

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.2%

Loan type

Not Provided

Seller

Larc Investments Inc

Lender

Randall B Eissa Inc

Loan start date

February 2017

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.2%

Loan type

Not Provided

Seller

Larc Investments Inc

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: 01/10/2025 at 4:40 PM

Listing updated: 01/03/2025 at 2:25 PM

Listed by: Nazareth Sanchez, RE/MAX Leading Edge Phone #: (313) 277-7777

MLS: Realcomp #20240050279

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