tomo logo

$100,000

Beds
3
Baths
1.0
sq ft
1,070

14457 Collingham Dr, Detroit, MI 48205

14457 Collingham Dr

Detroit, MI 48205

  • 13 days on market
This charming bungalow presents a solid opportunity for investors looking to expand their rental portfolio. The property is already tenant-occupied, with a Section 8 voucher covering $1,100/month in rental income. The hard work has been done—everything is in place for a hassle-free investment. No showings without accepted offer.

Details

Property type

Single Family Residence

Est. home value

$79,959

Lot size

5,227 sq ft

Price per sq ft

$94

Year built

1947

Annual property taxes

$2,555

Price History

12/28/2024
Realcomp

Realcomp #20240094175

Listed
$100,000
+100%
04/12/2021
MiRealSource

MiRealSource #50035727

Sold
$50,000

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

Comerica Bank

Loan start date

January 2004

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.83%

Loan type

Credit Line (Revolving)

Seller

Edna A Chawa

Lender

Comerica Bank

Loan start date

January 2004

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.83%

Loan type

Credit Line (Revolving)

Seller

Edna A Chawa

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 6:45 PM

Listing updated: 01/07/2025 at 6:05 AM

Listed by: Maryott Tijerina, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240094175

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