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$84,000

Beds
3
Baths
1.0
sq ft
1,020

15486 Fairmount Dr, Detroit, MI 48205

15486 Fairmount Dr

Detroit, MI 48205

  • 126 days on market
**INVESTOR SPECIAL** Performing Regent Park Stunner located on a beautiful block. Rented for $850 cash. This Immaculate brick bungalow features 3 beds/1 bath detached garage. Home is updated throughout with wood flooring, newer paint and carpet. Spacious eat in kitchen with newer cabinets and granite. Upper bedroom is huge and private. Full basement for storage. Property has a 3D roof, detached garage and fenced yard. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Details

Property type

Single Family Residence

Est. home value

$77,308

Lot size

4,356 sq ft

Price per sq ft

$83

Year built

1952

Annual property taxes

$1,937

Price History

02/27/2024
Realcomp

Realcomp #20240011988

Listed
$84,000

Schools & Community

Neighborhood: 

Regent Park

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

Suntrust Mortgage Inc

Loan start date

August 2007

Original loan amount

$78,000

Est. remaining balance

$52,671

Interest rate

6.67%

Loan type

Not Provided, 30 year

Seller

Melvin A Mancill

Lender

Suntrust Mortgage Inc

Loan start date

August 2007

Original loan amount

$78,000

Est. remaining balance

$52,671

Interest rate

6.67%

Loan type

Not Provided, 30 year

Seller

Melvin A Mancill

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: 07/02/2024 at 7:40 PM

Listing updated: 03/14/2024 at 1:04 PM

Listed by: Wael Nehme, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240011988

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