tomo logo

$89,000

Beds
3
Baths
1.5
sq ft
1,000

16500 Eastburn St, Detroit, MI 48205

16500 Eastburn St

Detroit, MI 48205

  • 49 days on market
**INVESTOR SPECIAL** Performing Regent Park Stunner located on a beautiful block. Rented for 850 cash. This Immaculate brick bungalow features 3 beds/1 bath and a large detached 2 1/2 car garage. Home is updated throughout with wood flooring, newer paint and carpet. Spacious eat in kitchen with newer cabinets and granite. Upper bedroom is huge, with sitting areas, tongue/groove pine paneling and multiple closets with built in drawers. Basement has full functional laundry area. Property is fenced and private. This home has great curb appeal with limestone detail and covered porch and is always in demand. Terrific opportunity to add a performing rental to your portfolio. Purchaser to pay 495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Details

Property type

Single Family Residence

Est. home value

$92,792

Lot size

5,227 sq ft

Price per sq ft

$89

Year built

1948

Annual property taxes

$1,946

Price History

08/12/2024
Realcomp

Realcomp #20240059203

Listed
$89,000
04/18/2024
Realcomp

Realcomp #20240001038

Removed
$89,000
01/25/2024
Realcomp

Realcomp #20240001038

Price change
$89,000
-6.32%

Schools & Community

Neighborhood: 

Regent Park

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

Michigan Homeowner Assistance Nonprofit

Loan start date

August 2013

Original loan amount

$2,642

Est. remaining balance

Not provided

Interest rate

4.46%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Alvin Bentley and Stacie Bentley

Lender

Michigan Homeowner Assistance Nonprofit

Loan start date

August 2013

Original loan amount

$2,642

Est. remaining balance

Not provided

Interest rate

4.46%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Alvin Bentley and Stacie Bentley

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: 09/30/2024 at 7:35 PM

Listing updated: 08/16/2024 at 11:13 AM

Listed by: Sam Berri, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240059203

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