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$299,000

Beds
2
Baths
2.0
sq ft
1,000

1506 Longfellow Ave, Royal Oak, MI 48067

1506 Longfellow Ave

Royal Oak, MI 48067

  • 3 days on market
    • Open house Nov 09
Updated and Move-In Ready! Over 1,500 sq. ft. of combined living space filled with excellent natural light, this home features an open floor plan, hardwood floors, and recessed lighting. The modern kitchen offers plenty of counter and cabinet space, breakfast bar, stainless steel appliances, and tile backsplash. Generous primary bedroom with a barn door and French doors leading to a relaxing deck and a fully fenced lot. The upper bath has ceramic tile floors and a stylish floating vanity with double sinks. Fabulous professionally finished lower level with rec room, full bath, and a 3rd bedroom/office. Fantastic location with easy access to expressways, steps from Lawson Park, and minutes from downtown Royal Oak & Ferndale's shopping, restaurants, and nightlife!

Details

Property type

Single Family Residence

Est. home value

$306,204

Lot size

5,227 sq ft

Price per sq ft

$299

Year built

1941

Annual property taxes

$4,827

Price History

11/04/2024
Realcomp

Realcomp #20240083102

Listed
$299,000
+9.93%
02/16/2022
Realcomp

Realcomp #2210102803

Sold
$272,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$26,043
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$249,037
Cash to seller
$26,043

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

Seller’s Loan History

Lender

Level One Bank

Loan start date

February 2022

Original loan amount

$263,840

Est. remaining balance

$249,037

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Dante Razzano

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?

Status: Active

Tomo last checked: 11/08/2024 at 7:30 AM

Listing updated: 11/08/2024 at 6:05 AM

Listed by: Lanie Hardy, KW Domain Phone #: (248) 590-0800

MLS: Realcomp #20240083102

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