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$105,000

Beds
3
Baths
1.0
sq ft
1,022

14714 Jacob Ave, Eastpointe, MI 48021

14714 Jacob Ave

Eastpointe, MI 48021

  • 6 days on market
Great Opportunity, Tenant Occupied- 3 Bedroom with Basement. Tenant rent $950 but rent should be at least $1250. Bungalow style house, newer roof, new hot water tank. Kitchen and bathroom could use some updating. Hard wood floors and vinyl windows. Seller will look at all offers.

Details

Property type

Single Family Residence

Est. home value

$89,798

Lot size

3,485 sq ft

Price per sq ft

$103

Year built

1943

Annual property taxes

$1,918

Price History

06/26/2024
Realcomp

Realcomp #20240045605

Listed
$105,000
+10.64%
06/15/2024
Realcomp

Realcomp #20240034627

Removed
$94,900
05/21/2024
Realcomp

Realcomp #20240034627

Listed
$94,900

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

$57,072
Asking price
$105,000
Closing costs (~8% of asking)
-$8,400
Est. remaining loan balance
-$39,528
Cash to seller
$57,072

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

Seller’s Loan History

Lender

Countrywide Bank Fsb

Loan start date

August 2007

Original loan amount

$58,537

Est. remaining balance

$39,528

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Patrick Hilton and Tracy Hilton

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: 07/02/2024 at 7:20 PM

Listing updated: 06/27/2024 at 6:04 AM

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

MLS: Realcomp #20240045605

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