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$84,500

Beds
3
Baths
2.0
sq ft
1,582

14941 Freeland St, Detroit, MI 48227

14941 Freeland St

Detroit, MI 48227

  • 87 days on market
    • Price drop $400↓
Welcome to 14941 Freeland Street, Detroit, MI—a hidden gem waiting for your creative touch! This spacious 3-bedroom, 1-bathroom home offers a unique opportunity for savvy investors or ambitious homeowners looking to bring their vision to life. Situated in a neighborhood brimming with potential, this property is perfect for those who can see the diamond in the rough. This property is ideal for investors seeking a promising project. With some TLC, 14941 Freeland has the potential to become a lucrative rental property or a beautiful family home. The surrounding area has seen recent revitalization efforts, making this an opportune time to invest in Detroit’s real estate market. Conveniently located near major highways, local schools, shopping centers, and parks, this property offers easy access to all that Detroit has to offer. It’s just a short drive from downtown, providing the perfect balance of suburban tranquility and urban convenience. Don’t miss out on this fantastic investment opportunity—bring your contractor and your imagination! Schedule a showing today and explore the possibilities that 14941 Freeland has to offer. Purchaser to pay 395 processing fee. As-is sale. Seller financing / Land contract terms available at 95,000.00 purchase price, 30,000.00 down payment, 8% interest, 96 Months Term. 919.00/month. Seller financing / Land contract terms are negotiable.

Details

Property type

Single Family Residence

Est. home value

$82,601

Lot size

4,356 sq ft

Price per sq ft

$54

Year built

1928

Annual property taxes

$2,039

Price History

10/07/2024
Realcomp

Realcomp #20240058858

Price change
$84,500
-0.47%
08/09/2024
Realcomp

Realcomp #20240058858

Listed
$84,900
-5.56%
03/27/2024
Realcomp

Realcomp #20230079025

Removed
$89,900

Schools & Community

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

Citifinancial Inc

Loan start date

February 2007

Original loan amount

$107,616

Est. remaining balance

$0

Interest rate

5.93%

Loan type

Not Provided, 15 year

Seller

Senia E Ray and Ben Ray Jr

Lender

Citifinancial Inc

Loan start date

February 2007

Original loan amount

$107,616

Est. remaining balance

$0

Interest rate

5.93%

Loan type

Not Provided, 15 year

Seller

Senia E Ray and Ben Ray Jr

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 9:30 AM

Listing updated: 10/07/2024 at 1:21 PM

Listed by: Derek C Lievens, Market Elite Inc Phone #: (586) 226-3200

MLS: Realcomp #20240058858

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