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$85,000

Beds
3
Baths
1.0
sq ft
1,115

15750 Sorrento St, Detroit, MI 48227

15750 Sorrento St

Detroit, MI 48227

  • 74 days on market
    • Price drop $5,000↓
3 Bedroom 1 Bath Brick Home..... Tenant Occupied paying $895.00 Per Month Tenant needs 72 HR. Notice for Showings

Details

Property type

Single Family Residence

Est. home value

$90,595

Lot size

3,920 sq ft

Price per sq ft

$77

Year built

1949

Annual property taxes

$2,569

Price History

01/31/2025
Realcomp

Realcomp #20240091446

Price change
$85,000
-5.56%
12/10/2024
Realcomp

Realcomp #20240091446

Listed
$90,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

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

$37,016
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$41,184
Cash to seller
$37,016

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

Seller’s Loan History

Lender

Telcom Cu

Loan start date

February 2006

Original loan amount

$70,000

Est. remaining balance

$41,184

Interest rate

6.3%

Loan type

Not Provided, 30 year

Seller

Meleniah Hall and Meleniah Lamar

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: 02/23/2025 at 5:20 AM

Listing updated: 01/31/2025 at 3:39 PM

Listed by: Gharian Carver, KW City Phone #: (313) 880-1022

MLS: Realcomp #20240091446

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