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$167,875

Beds
3
Baths
1.0
sq ft
1,150

1457 Reo Ave, Lincoln Park, MI 48146

1457 Reo Ave

Lincoln Park, MI 48146

  • 41 days on market
    • Price drop $10,000↓
    • Open house Nov 09
Price reduction! This charming full-brick colonial is the perfect blend of classic charm and modern updates. Meticulously maintained, this home offers worry-free living with a new roof (2021), furnace (2020), an electrical panel (2022), lifetime waterproof basement by Everdry, backed by a transferable warranty. The rebuilt chimney ensures long-term reliability. Inside, enjoy fresh vinyl laminate flooring, 3 spacious bedrooms, a formal dining room, and an updated bath. The kitchen boasts stainless steel appliances, and the washer & dryer are included. Outside, relax in the fully fenced backyard or on the large front porch. City Certificate of Occupancy in hand, and the seller is providing a home warranty!

Details

Property type

Single Family Residence

Est. home value

$125,642

Lot size

3,920 sq ft

Price per sq ft

$146

Year built

1928

Annual property taxes

$1,689

Price History

11/04/2024
Realcomp

Realcomp #81024050391

Price change
$167,875
-5.62%
09/24/2024
Realcomp

Realcomp #81024050391

Listed
$177,875
+122.62%
05/03/2019
Realcomp

Realcomp #219001456

Sold
$79,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lincoln Park

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

The Huntington National Bank

Loan start date

December 2023

Original loan amount

$111,750

Est. remaining balance

$110,897

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Kristine Raniszewski

Lender

The Huntington National Bank

Loan start date

December 2023

Original loan amount

$111,750

Est. remaining balance

$110,897

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Kristine Raniszewski

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: 11/05/2024 at 11:25 AM

Listing updated: 11/04/2024 at 12:15 PM

Listed by: Terrence Lotts, Phone #: (248) 264-1700

MLS: Realcomp #81024050391

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