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$185,000

Beds
3
Baths
1.0
sq ft
1,073

16672 Drake St, Southgate, MI 48195

16672 Drake St

Southgate, MI 48195

  • 29 days on market
    • Price drop $10,000↓
Price reduced 10k, Stop and take a look at this 3-bedroom, 1 bath, full basement home has to offer. Hugh kitchen for all your holiday entertaining. Hugh yard for summer get togethers. Hardwood floors in living room, and all 3 bedrooms. All appliances stay. New roof in spring of 2024. Seller to have city inspection done, buyer to accept all city and private home inspection repairs, no repairs to seller. Home SOLD AS IS Exclude Washer and Dryer in basement.

Details

Property type

Single Family Residence

Est. home value

$179,775

Lot size

6,098 sq ft

Price per sq ft

$173

Year built

1959

Annual property taxes

$2,765

Price History

11/07/2024
Realcomp

Realcomp #20240080746

Price change
$185,000
-5.13%
10/24/2024
Realcomp

Realcomp #20240080746

Listed
$195,000
+110.81%
09/29/2014
Realcomp

Realcomp #214086736

Sold
$92,500
+83.17%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southgate

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

Mb Financial Bank Na

Loan start date

September 2014

Original loan amount

$50,000

Est. remaining balance

$19,125

Interest rate

3.24%

Loan type

New Conventional, 15 year

Seller

Miles J Hammond Jr

Lender

Mb Financial Bank Na

Loan start date

September 2014

Original loan amount

$50,000

Est. remaining balance

$19,125

Interest rate

3.24%

Loan type

New Conventional, 15 year

Seller

Miles J Hammond Jr

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: 11/22/2024 at 8:05 PM

Listing updated: 11/07/2024 at 3:13 PM

Listed by: Darla J Ramazetti, ARE Homes, LLC Phone #: (517) 902-7525

MLS: Realcomp #20240080746

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