tomo logo

$240,000

Beds
3
Baths
2.0
sq ft
1,394

16405 Collinson Ave, Eastpointe, MI 48021

16405 Collinson Ave

Eastpointe, MI 48021

  • 63 days on market
LOVELY RESIDENTIAL NEIGHBORHOOD. THREE BEDROOM BRICK RANCH LOCATED ON A CORNER LOT. INTERIOR FEATURES A NATURAL FIREPLACE IN LIVING ROOM, UPDATED KITCHEN AND BOTH BATHS. SPACIOUS FAMILY ROOM W/ DOOR WALL LEADING OUT TO A LARGE FENCED BACKYARD. FINISHED BASEMENT WITH FULL BATH THAT COULD BE USED AS A BEDROOM. SELLER IS VERY MOTIVATED, SHE IS A SENIOR WHO IS RELOCATING TO BE WITH FAMILY. CONVENIENTLY LOCATED NEAR FREEWAYS, PARKS, AND STORES. PACK YOUR BAGS, THIS PROPERTY IS TURN KEY.

Details

Property type

Single Family Residence

Est. home value

$255,089

Lot size

7,405 sq ft

Price per sq ft

$173

Year built

1955

Annual property taxes

$5,946

Price History

10/28/2024
Realcomp

Realcomp #20240079651

Price change
$240,000
+99900%
10/28/2024
Realcomp

Realcomp #20240079651

Price change
$240
-99.91%
10/21/2024
Realcomp

Realcomp #20240079651

Listed
$254,900
+2.99%

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

$36,914
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$183,886
Cash to seller
$36,914

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2021

Original loan amount

$198,341

Est. remaining balance

$183,886

Interest rate

2.93%

Loan type

FHA, 30 year

Seller

Roderick Roby

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: 12/23/2024 at 8:20 PM

Listing updated: 10/29/2024 at 7:00 AM

Listed by: Deborah Turner, Red Carpet Keim Classic Realty Phone #: (313) 617-8493

MLS: Realcomp #20240079651

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