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$289,999

Beds
3
Baths
2.5
sq ft
1,997

1725 Clovelly Ave, Rochester Hills, MI 48307

1725 Clovelly Ave

Rochester Hills, MI 48307

  • 26 days on market
    • Price drop $10,001↓
This spacious home has a massive insulated garage with workshop and large corner lot, making it the perfect property for anyone who likes to work on their cars. It has a partial brand new roof, some new windows, and has been updated and repaired by the owner. Great neighborhood with Rochester schools and close to every amenity imaginable. Schedule a showing today. New high end stainless steel appliances and shed.

Details

Property type

Single Family Residence

Est. home value

$258,036

Lot size

0.25 acres

Price per sq ft

$146

Year built

1945

Annual property taxes

$2,896

Price History

06/21/2024
Realcomp

Realcomp #20240039698

Price change
$289,999
-3.33%
06/17/2024
Realcomp

Realcomp #20240039698

Price change
$300,000
-3.23%
06/06/2024
Realcomp

Realcomp #20240039698

Listed
$310,000
+47.62%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rochester

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

$90,045
Asking price
$289,999
Closing costs (~8% of asking)
-$23,200
Est. remaining loan balance
-$176,754
Cash to seller
$90,045

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

January 2022

Original loan amount

$186,200

Est. remaining balance

$176,754

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Patrick Waffle

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: 07/02/2024 at 6:50 PM

Listing updated: 06/21/2024 at 10:13 AM

Listed by: Andrew Karam, RE/MAX Eclipse Phone #: (248) 792-2621

MLS: Realcomp #20240039698

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