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$120,784Estimated home value

Beds
3
Baths
1.0
sq ft
943

14235 Hobart Ave, Warren, MI 48089

14235 Hobart Ave

Warren, MI 48089

  • Sold On 8/23/2022
Rare Opportunity! Buy Cash or Become a Homeowner on Terms. Move In ready, 3 bedroom 1 bath ranch. Some minor cosmetic repairs externally but this is a gem. Also great for rental investors looking for great returns on a safe asset in an ideal location. Accepting Back-up Offers 4/20/22

Details

Property type

Single Family Residence

Est. home value

$120,784

Lot size

4,792 sq ft

Price per sq ft

$113

Year built

1966

Annual property taxes

$1,512

Price History

12/20/2024
Realcomp

Realcomp #81024047917

Removed
$122,000
11/14/2024
Realcomp

Realcomp #81024047917

Price change
$122,000
-4.69%
10/15/2024
Realcomp

Realcomp #81024047917

Price change
$128,000
-8.57%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eastpointe Community Schools

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

$13,110
Asking price
$105,997
Closing costs (~8% of asking)
-$8,480
Est. remaining loan balance
-$84,407
Cash to seller
$13,110

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

Seller’s Loan History

Lender

First Fsla Of Lakewood

Loan start date

November 2022

Original loan amount

$86,250

Est. remaining balance

$84,407

Interest rate

6.92%

Loan type

New Conventional, 30 year

Seller

Ryan Wood and Megan Wood

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: Off Market

Tomo last checked: 12/22/2024 at 10:10 AM

Listing updated: 05/12/2024 at 9:25 AM

Listed by: Michael J Krausman, Luxury Living Real Estate Phone #: (248) 342-6516

MLS: Realcomp #2220019677

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