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$74,592Estimated home value

Beds
3
Baths
1.0
sq ft
1,123

16631 Griggs St, Detroit, MI 48221

16631 Griggs St

Detroit, MI 48221

  • Off market
    • Price drop $17,500↓
Welcome to this beautifully updated colonial home, featuring sleek granite countertops and new flooring throughout. With its modern updates and classic charm, this property offers a perfect blend of style and functionality. Don’t miss the opportunity to own this stunning home.

Details

Property type

Single Family Residence

Est. home value

$74,592

Lot size

3,920 sq ft

Price per sq ft

$110

Year built

1937

Annual property taxes

$2,702

Price History

07/30/2024
Realcomp

Realcomp #20240042684

Removed
$122,500
07/16/2024
Realcomp

Realcomp #20240042684

Price change
$122,500
-12.5%
06/17/2024
Realcomp

Realcomp #20240042684

Listed
$140,000
+125.81%

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

Us Bank Na

Loan start date

October 2022

Original loan amount

$175,000,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Building or Construction Loan

Seller

Sfr3 060 Llc

Lender

Us Bank Na

Loan start date

October 2022

Original loan amount

$175,000,000

Est. remaining balance

Not provided

Interest rate

5.66%

Loan type

Building or Construction Loan

Seller

Sfr3 060 Llc

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?

Status: Off Market

Tomo last checked: 10/01/2024 at 7:10 AM

Listing updated: 07/17/2024 at 3:53 PM

Listed by: Erika Baker, Keller Williams Realty-Great Lakes Phone #: (586) 541-4000

MLS: Realcomp #20240042684

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