tomo logo

$96,500

Beds
2
Baths
1.0
sq ft
667

16308 Nicolai Ave, Eastpointe, MI 48021

16308 Nicolai Ave

Eastpointe, MI 48021

  • 46 days on market
    • Price drop $2,500↓
GREAT STARTER HOME or INVESTMENT OPPORTUNITY !! CHARMING 2 BEDROOM & 1 FULL BATH HOME! Easy Maintenance Vinyl Exterior, New Windows 2020, New front Porch 2018. Detached 2.5 Car Garage. Fenced Lot. Tenant Currently Pays $900.00 Per Month. DO NOT DISTURB TENANT. Home being sold as is. Buyer’s agent to verify all measurements.

Details

Property type

Single Family Residence

Est. home value

$94,942

Lot size

7,405 sq ft

Price per sq ft

$145

Year built

1936

Annual property taxes

$2,347

Price History

06/26/2024
Realcomp

Realcomp #20240034925

Price change
$96,500
-2.53%
06/19/2024
Realcomp

Realcomp #20240034925

Price change
$99,000
-5.71%
06/03/2024
Realcomp

Realcomp #20240034925

Price change
$105,000
-4.55%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eastpointe Community Schools

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

$59,719
Asking price
$96,500
Closing costs (~8% of asking)
-$7,720
Est. remaining loan balance
-$29,061
Cash to seller
$59,719

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

November 2017

Original loan amount

$33,600

Est. remaining balance

$29,061

Interest rate

3.83%

Loan type

New Conventional, 30 year

Seller

Michaell Allingham and David Allingham

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
$99,900
2 bd
|
1 ba
|
696 sq ft
|
House

21319 Eastwood Blvd, Warren, MI 48089

Realcomp
$95,000
2 bd
|
1 ba
|
696 sq ft
|
House

21165 Eastwood Blvd, Warren, MI 48089

Realcomp
$95,000
2 bd
|
1 ba
|
900 sq ft
|
House

22777 Lambrecht Ave, Eastpointe, MI 48021

Status: Active

Tomo last checked: 07/07/2024 at 6:25 PM

Listing updated: 06/26/2024 at 11:13 AM

Listed by: Sheri Allingham Baker, Sheringham, Finley & Assocs Phone #: (248) 343-2200

MLS: Realcomp #20240034925

Realcomp logo

Recently listed in Eastpointe

$155,000|3 bd|2.0 ba|House
$182,500|3 bd|1.0 ba|House
$124,000|2 bd|1.0 ba|House
$149,900|3 bd|1.0 ba|House
$105,000|3 bd|1.0 ba|House
$169,900|3 bd|1.0 ba|House
$199,900|4 bd|3.0 ba|House