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$79,900

Beds
3
Baths
1.0
sq ft
901

18205 Stout St, Detroit, MI 48219

18205 Stout St

Detroit, MI 48219

  • 27 days on market
Adorable frame bungalow rented at 1050 per month with a Section 8 tenant. Tenant pays a small portion less than 250 per month. Home features 3 sizable bedrooms, a nice size backyard , large basement with lots of storage and much more. House has a good roof with newer HWT and furnace. Tenant plans to stay with the sale. No showings without an accepted offer. Pics are from before and after the tenant moved in. Seller is ready to make a deal. If you are looking for a great opportunity this is it! Great tenants in this house. Please do not approach the home or disturb the tenants without an accepted offer.

Details

Property type

Single Family Residence

Est. home value

$76,423

Lot size

4,792 sq ft

Price per sq ft

$89

Year built

1941

Annual property taxes

$1,365

Price History

10/08/2024
Realcomp

Realcomp #20240076048

Listed
$79,900
+6.53%
09/29/2023
Realcomp

Realcomp #20230052413

Sold
$75,000

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

Long Beach Mortgage Co

Loan start date

August 2005

Original loan amount

$72,250

Est. remaining balance

Not provided

Interest rate

9.25%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Omar Ali Taki

Lender

Long Beach Mortgage Co

Loan start date

August 2005

Original loan amount

$72,250

Est. remaining balance

Not provided

Interest rate

9.25%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Omar Ali Taki

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: 11/05/2024 at 7:35 AM

Listing updated: 10/10/2024 at 6:11 AM

Listed by: David Rabior, Clyde Realty LLC Phone #: (313) 974-1830

MLS: Realcomp #20240076048

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