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$349,900

Beds
3
Baths
1.0
sq ft
1,200

1828 N Lafayette Ave, Royal Oak, MI 48073

1828 N Lafayette Ave

Royal Oak, MI 48073

  • 34 days on market
BEAUTIFUL HOME CLOSE TO DOWNTOWN ROYAL OAK * LOADS OF CHARACTER IN THIS UPDATED VINTAGE HOME ON A HUGE TREED LOT * 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 * 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 AND UPDATED ELECTRICAL PANEL.

Details

Property type

Single Family Residence

Est. home value

$279,956

Lot size

7,405 sq ft

Price per sq ft

$292

Year built

1919

Annual property taxes

$4,567

Price History

05/31/2024
Realcomp

Realcomp #20240037590

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

Realcomp #58031391630

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

$192,923
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$128,985
Cash to seller
$192,923

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

$128,985

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: 07/04/2024 at 11:15 PM

Listing updated: 06/14/2024 at 10:03 AM

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

MLS: Realcomp #20240037590

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