tomo logo

$155,000

Beds
3
Baths
1.0
sq ft
1,499

16558 Cherrylawn St, Detroit, MI 48221

16558 Cherrylawn St

Detroit, MI 48221

  • 57 days on market
    • Price drop $2,900↓
Welcome to this charming 3 bedroom, 1 bath home with hardwood floors throughout the first floor. Nestled in a beautiful neighborhood, this home offers a cozy living space with plenty of natural light. The living room has a beautiful fireplace and custom built in shelves. The kitchen features updated appliances and ample storage space. The spacious bedrooms provide comfort and privacy for all residents. Don't miss out on this wonderful opportunity to make this house your home!

Details

Property type

Single Family Residence

Est. home value

$101,164

Lot size

4,792 sq ft

Price per sq ft

$104

Year built

1928

Annual property taxes

$1,833

Price History

09/17/2024
Realcomp

Realcomp #20240053527

Price change
$155,000
-1.84%
09/04/2024
Realcomp

Realcomp #20240053527

Price change
$157,900
-1.25%
08/19/2024
Realcomp

Realcomp #20240053527

Price change
$159,900
-3.03%

Schools & Community

Neighborhood: 

Fitzgerald

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

Countrywide Bank Na

Loan start date

August 2005

Original loan amount

$122,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

New Conventional, 30 year

Seller

Andrew Preston Sr and Mary M Preston

Lender

Countrywide Bank Na

Loan start date

August 2005

Original loan amount

$122,000

Est. remaining balance

Not provided

Interest rate

2.75%

Loan type

New Conventional, 30 year

Seller

Andrew Preston Sr and Mary M Preston

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: 09/19/2024 at 3:05 PM

Listing updated: 09/17/2024 at 2:31 PM

Listed by: Natashia Johnson, National Realty Centers, Inc Phone #: (248) 724-1234

MLS: Realcomp #20240053527

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