tomo logo

$137,500

Beds
3
Baths
1.0
sq ft
1,019

15261 Frazho Rd, Roseville, MI 48066

15261 Frazho Rd

Roseville, MI 48066

  • Pending
Welcome to a fantastic opportunity for first-time buyers or anyone looking to invest in a property that offers great bones and tons of potential. This classic 3-bedroom, 1-bath brick and aluminum ranch is nestled on a coveted corner lot with a large, mostly fenced backyard—perfect for pets, play, or future gardening dreams. It even boasts a 2-car detached garage providing plenty of room for storage, hobbies, or parking. Step inside, and you’ll find the original hardwood floors that run throughout the home, offering timeless character and a warm, inviting atmosphere. The living room flows seamlessly into the dining area, and the kitchen leads to an enclosed 3-season patio. Beyond the kitchen, the full unfinished basement is already plumbed for a second bathroom—an exciting opportunity for those looking to add value and customize the space to fit their needs. While this home needs a little TLC and refreshing, it’s built with solid bones—a 10-year-old roof and plenty of potential for those willing to invest a little sweat equity. It’s the perfect starter home for anyone who wants to put their personal touch on a property and make it their own. This is more than just a house—it’s a canvas, ready for your vision. Don’t miss your chance to own a home with so much potential at an affordable price.

Details

Property type

Single Family Residence

Est. home value

$196,563

Lot size

7,405 sq ft

Price per sq ft

$135

Year built

1955

Annual property taxes

$2,023

Price History

01/17/2025
Realcomp

Realcomp #20250002717

Pending
$137,500
01/13/2025
Realcomp

Realcomp #20250002717

Listed
$137,500
+287.12%
09/10/2014
MiRealSource

MiRealSource #31205435

Sold
$35,519

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Roseville

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

$54,326
Asking price
$137,500
Closing costs (~8% of asking)
-$11,000
Est. remaining loan balance
-$72,174
Cash to seller
$54,326

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

Seller’s Loan History

Lender

Republic Bank

Loan start date

January 2006

Original loan amount

$122,033

Est. remaining balance

$72,174

Interest rate

6.3%

Loan type

FHA, 30 year

Seller

Rodney Neal and Elisa R Neal

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?

Similar Homes Nearby

Realcomp
$144,900
3 bd
|
1 ba
|
1,069 sq ft
|
House

16500 Roberts St, Roseville, MI 48066

Realcomp
$149,900
3 bd
|
1 ba
|
1,008 sq ft
|
House

25176 Dale St, Roseville, MI 48066

MiRealSource
$154,900
3 bd
|
1 ba
|
1,118 sq ft
|
House

15783 Evergreen Ave, Eastpointe, MI 48021

Status: Pending/Under Contract

Tomo last checked: 01/22/2025 at 3:05 AM

Listing updated: 01/17/2025 at 8:20 PM

Listed by: Timothy J Gilson, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20250002717

Realcomp logo

Recently listed in Roseville

$205,000|3 bd|1.0 ba|House
$119,900|2 bd|1.0 ba|Condo
$124,900|2 bd|1.0 ba|House
$165,000|3 bd|1.0 ba|House
$189,000|4 bd|2.0 ba|House
$195,000|3 bd|1.5 ba|House
$99,999|2 bd|1.0 ba|Condo
$160,000|2 bd|1.5 ba|Condo
$225,000|3 bd|2.0 ba|House
$299,997|3 bd|2.5 ba|House