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$94,000

Beds
3
Baths
1.5
sq ft
1,457

16164 Ward St, Detroit, MI 48235

16164 Ward St

Detroit, MI 48235

  • 118 days on market
    • Price drop $5,000↓
Great opportunity for a first-time home buyer or an investor. All the work has been done for you. Just move right in. A large back yard, close to shopping and freeways make this a perfect location. The buyer will receive a warranty deed. The furnace and hot water tank will be installed before closing. The buyer is to pay a. $495 transaction fee to Downtown Realty.

Details

Property type

Single Family Residence

Est. home value

$69,844

Lot size

5,663 sq ft

Price per sq ft

$65

Year built

1929

Annual property taxes

$2,868

Price History

05/30/2024
Realcomp

Realcomp #20240014798

Price change
$94,000
-5.05%
03/15/2024
Realcomp

Realcomp #20240014798

Price change
$99,000
-13.91%
03/08/2024
Realcomp

Realcomp #20240014798

Listed
$115,000
+21.05%

Schools & Community

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

Argent Mortgage Company Llc

Loan start date

June 2004

Original loan amount

$87,000

Est. remaining balance

Not provided

Interest rate

8.15%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Eugene C Harris Jr and Kecya Harris

Lender

Argent Mortgage Company Llc

Loan start date

June 2004

Original loan amount

$87,000

Est. remaining balance

Not provided

Interest rate

8.15%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Eugene C Harris Jr and Kecya Harris

Lender

Royal Mortgage Inc

Loan start date

October 2003

Original loan amount

$58,500

Est. remaining balance

Not provided

Interest rate

8.85%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Eugene C Harris Jr and Kecya Harris

Lender

Royal Mortgage Inc

Loan start date

October 2003

Original loan amount

$58,500

Est. remaining balance

Not provided

Interest rate

8.85%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Eugene C Harris Jr and Kecya Harris

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: 07/04/2024 at 11:35 PM

Listing updated: 05/30/2024 at 1:44 PM

Listed by: Guy R Gailliard, Downtown Realty Phone #: (313) 466-7253

MLS: Realcomp #20240014798

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