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$399,000

Beds
3
Baths
3.0
sq ft
1,853

1408 Mohawk Ave, Royal Oak, MI 48067

1408 Mohawk Ave

Royal Oak, MI 48067

  • 43 days on market
    • Price drop $26,000↓
RARE, fully updated three bedroom, three full bathroom bungalow/colonial in a prime location! Upon entering the home, you’ll find a large living room that blends into a formal dining area right off the kitchen, as well as a full bathroom. The kitchen, complete with new quartz countertops and stainless steel appliances, opens into a separate dining area and sizeable family room with a cozy gas fireplace. Tucked away on the first floor is a large bedroom with a spacious walk-in closet. Upstairs, a conveniently located loft area separates the two large bedrooms, where you’ll find another full bathroom. The primary suite is complete with two large walk in closets, a large primary full bathroom with stunning dual vanities, and a large glass sliding door wall that leads out to a balcony overlooking the entire backyard. This home boasts glistening hardwood floors throughout, re glazed tile in each of the bathrooms, fresh paint throughout, new pella windows and door walls, a newer hot water tank, new HVAC (2019), AC (2019), and roof (2019). The basement remains unfinished, but framed, awaiting your creative touch. Additionally, the basement has been water proofed and insulated. This prime location is minutes from Woodward, Downtown Royal Oak, major freeways, numerous parks, the Zoo, and much more.

Details

Property type

Single Family Residence

Est. home value

$444,730

Lot size

5,227 sq ft

Price per sq ft

$216

Year built

1942

Annual property taxes

$5,298

Price History

06/18/2024
Realcomp

Realcomp #20240035270

Price change
$399,000
-6.12%
05/22/2024
Realcomp

Realcomp #20240035270

Listed
$425,000
+28.79%
08/16/2022
Realcomp

Realcomp #20221005685

Sold
$330,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$54,882
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$312,198
Cash to seller
$54,882

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2022

Original loan amount

$320,000

Est. remaining balance

$312,198

Interest rate

5.7%

Loan type

New Conventional, 30 year

Seller

Antoan Hadzhidosev and Viktor Velichkov

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 11:35 PM

Listing updated: 06/23/2024 at 2:42 PM

Listed by: Armen Shahrigian, EXP Realty - Northville Phone #: (248) 790-4646

MLS: Realcomp #20240035270

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