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$334,900

Beds
3
Baths
2.0
sq ft
1,200

1828 N Lafayette Ave, Royal Oak, MI 48073

1828 N Lafayette Ave

Royal Oak, MI 48073

  • 174 days on market
    • Price drop $15,000↓
BEAUTIFUL HOME CLOSE TO DOWNTOWN ROYAL OAK * LOADS OF CHARACTER IN THIS UPDATED VINTAGE HOME ON A HUGE TREED LOT * FRESHLY PAINTED EXTERIOR * SPACIOUS KITCHEN WITH STAINLESS STEEL APPLIANCES, REFRIGERATOR, GAS STOVE, DISHWASHER & MICROWAVE INCLUDED * BREAKFAST NOOK WITH DOOR LEADING TO LARGE TREED BACK YARD WITH FENCE AND DECK * LARGE LIVING ROOM * BEAUTIFUL RED OAK HARDWOOD FLOORS THRU-OUT * CUSTOM BOUND AREA RUGS TO BE INCLUDED IN THE SALE * AMAZING SUNROOM / ENCLOSED FRONT PORCH * NEW FULL BATH BEING INSTALLED ON FIRST FLOOR * NICELY UPDATED BATH WITH CUSTOM SHOWER * PRIMARY SUITE OVER LOOKS LARGE BACK YARD * ALL UPDATED MECHANICALS INCLUDING NEW HIGH EFFICIENT FORCED AIR FURNACE, CENTRAL AIR, TANKLESS HOT WATER HEATER, UPDATED ELECTRICAL PANEL. NEW DIMENSIONAL ROOF 2024.

Details

Property type

Single Family Residence

Est. home value

$279,956

Lot size

7,405 sq ft

Price per sq ft

$280

Year built

1919

Annual property taxes

$4,567

Price History

07/30/2024
Realcomp

Realcomp #20240037590

Price change
$334,900
-4.29%
05/31/2024
Realcomp

Realcomp #20240037590

Listed
$349,900
+99.94%
01/13/2020
MiRealSource

MiRealSource #31391630

Sold
$175,000

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

$180,232
Asking price
$334,900
Closing costs (~8% of asking)
-$26,792
Est. remaining loan balance
-$127,876
Cash to seller
$180,232

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

Seller’s Loan History

Lender

Michigan Schools & Government Cu

Loan start date

January 2021

Original loan amount

$139,800

Est. remaining balance

$127,876

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Christopher Dubois

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 3:45 AM

Listing updated: 09/22/2024 at 12:31 AM

Listed by: Robert C Sprader, KW Showcase Realty Phone #: (248) 360-2900

MLS: Realcomp #20240037590

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