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$135,900

Beds
5
Baths
4.5
sq ft
2,498

1517 Edison St, Detroit, MI 48206

1517 Edison St

Detroit, MI 48206

  • 3 days on market
GREAT INVESTMENT PROPERTY IN BOSTON EDISON HISTORIC AREA!! COME TAKE A LOOK AT THIS THREE-STORY BRICK COLONIAL FEATURING 5 BEDROOMS, 3 FULL BATHS, 3 HALF BATHS. NICE SIZE LIVING ROOM W/ FIREPLACE, DINING AREA & KITCHEN. NATURAL LIGHT COMING FROM EVERY CORNER. SPACIOUS YARD PROPERTY SOLD IN AS IS CONDITION. REHAB STARTED BUT NEEDS TO BE FINISHED SOLD IN AS IS CONDITION. WINDOWS, ELECTRICAL, PLUMBING, DRYWALL, TILE, AND PAINT HAVE ALL STARTED.

Details

Property type

Single Family Residence

Est. home value

$410,152

Lot size

5,227 sq ft

Price per sq ft

$55

Year built

1916

Annual property taxes

$4,887

Price History

06/27/2024
Realcomp

Realcomp #20240045941

Listed
$135,900
-17.64%
01/19/2021
Realcomp

Realcomp #2200096698

Sold
$165,000
+22.22%
08/16/2019
Realcomp

Realcomp #219083072

Sold
$135,000

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

T4 Lending Llc

Loan start date

November 2021

Original loan amount

$351,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Building or Construction Loan, 1 year

Seller

Dobbs & Dobbs Investments Llc

Lender

T4 Lending Llc

Loan start date

November 2021

Original loan amount

$351,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Building or Construction Loan, 1 year

Seller

Dobbs & Dobbs Investments Llc

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: 06/30/2024 at 10:40 PM

Listing updated: 06/28/2024 at 12:14 PM

Listed by: Hussein Farhat, RE/MAX Team 2000 Phone #: (313) 561-0900

MLS: Realcomp #20240045941

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