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$200,000

Beds
2
Baths
1.5
sq ft
1,286

1805 Wickham St, Royal Oak, MI 48073

1805 Wickham St

Royal Oak, MI 48073

  • 22 days on market

Details

Property type

Condominium

Est. home value

$229,354

Lot size

Unknown

Price per sq ft

$156

Year built

1971

Annual property taxes

$3,275

Monthly HOA fee

$440

Price History

08/26/2024
Realcomp

Realcomp #20240063653

Listed
$200,000
+2.56%
04/25/2024
Realcomp

Realcomp #20230093911

Removed
$195,000
02/14/2024
Realcomp

Realcomp #20230093911

Price change
$195,000
-2.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$58,703
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$125,297
Cash to seller
$58,703

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$135,000

Est. remaining balance

$125,297

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Gerald Rice

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: Active

Tomo last checked: 09/17/2024 at 9:30 PM

Listing updated: 09/02/2024 at 12:11 AM

Listed by: Zack Lessner, New Michigan Realty Phone #: (810) 202-1200

MLS: Realcomp #20240063653

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