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$110,000

Beds
3
Baths
1.0
sq ft
978

16121 W Parkway St, Detroit, MI 48219

16121 W Parkway St

Detroit, MI 48219

  • 98 days on market
HERE IS AN OPPORTUNITY TO OBTAIN A GREAT INVESTMENT PROPERTY. CURRENT TENANT IS SEC 8 AND HAS EXHISTING LEASE. SELLER WILL TRANSFER SEC 8 TENANT TO NEW BUYER. CURRENTLY RENTING FOR $1,385 PER MONTH. DO NOT DISTURB TENANT. WALK THRU AVAILABLE UPON ACCEPTED OFFER. BUYER AGENT TO VERIFY ALL INFORMATION.

Details

Property type

Single Family Residence

Est. home value

$57,452

Lot size

6,098 sq ft

Price per sq ft

$113

Year built

1952

Annual property taxes

$913

Price History

03/26/2024
Realcomp

Realcomp #20240019075

Listed
$110,000
+144.44%
07/10/2023
Realcomp

Realcomp #20230041289

Sold
$45,000

Schools & Community

Neighborhood: 

Riverdale

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

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$78,000

Est. remaining balance

$77,678

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Rts Realestate Llc

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$78,000

Est. remaining balance

$77,678

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Rts Realestate 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: 07/02/2024 at 7:25 PM

Listing updated: 03/27/2024 at 6:05 AM

Listed by: Ann Rudd, Remerica Integrity II Phone #: (248) 912-9990

MLS: Realcomp #20240019075

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