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$268,500

Beds
3
Baths
1.0
sq ft
872

1523 Bauman Ave, Royal Oak, MI 48073

1523 Bauman Ave

Royal Oak, MI 48073

  • 30 days on market
    • Price drop $6,500↓
What a deal in Royal Oak! Don't delay! Priced to sell before next weekend. This move-in-ready north Royal Oak bungalow awaits! Cute 3-bedroom home boasts beautiful hardwood floors, a large primary bedroom and a partially finished basement for extra living space. The modern kitchen (2021) is a chef's dream with stainless steel appliances for easy cleanup and a butcher block countertop featuring a unique collapsible extension. The updated bathroom (2022) offers a spa-like retreat. Peace of mind comes with newer washer and dryer (2018) and a brand new furnace and AC system (2022) for year-round comfort. Unwind and entertain in the large fenced backyard or the side patio, perfect for summer gatherings. This charming bungalow offers the perfect blend of comfort and functionality. Its prime location within Royal Oak, close to Clawson and Birmingham, along with easy access to I-75, makes it ideal for exploring the area. Don't miss out on this cozy gem – it's the perfect place to call home! Don't delay! Make an appointment today!

Details

Property type

Single Family Residence

Est. home value

$274,711

Lot size

6,970 sq ft

Price per sq ft

$308

Year built

1949

Annual property taxes

$3,430

Price History

06/21/2024
Realcomp

Realcomp #20240038895

Price change
$268,500
-2.36%
06/12/2024
Realcomp

Realcomp #20240038895

Price change
$275,000
-6.78%
06/04/2024
Realcomp

Realcomp #20240038895

Listed
$295,000
+48.99%

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

$91,531
Asking price
$268,500
Closing costs (~8% of asking)
-$21,480
Est. remaining loan balance
-$155,489
Cash to seller
$91,531

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

August 2020

Original loan amount

$169,500

Est. remaining balance

$155,489

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Sara N Mattina

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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1309 Bauman Ave, Royal Oak, MI 48073

New
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Status: Active

Tomo last checked: 07/04/2024 at 10:55 PM

Listing updated: 06/30/2024 at 4:03 PM

Listed by: David Elya, Two Doors Realty Phone #: (248) 270-2852

MLS: Realcomp #20240038895

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