tomo logo

$399,900

Beds
3
Baths
1.5
sq ft
1,569

1829 Sycamore Ave, Royal Oak, MI 48073

1829 Sycamore Ave

Royal Oak, MI 48073

  • Pending
Welcome home to this historic colonial in the heart of the Northwood neighborhood of Royal Oak! Built in 1917, this home is full of historic charm with modern updates. The living room and family room feature plenty of natural light and a wood-burning fireplace. The updated kitchen has plenty of cabinetry, with a tile backsplash and updated countertops. Upstairs, the bedrooms are all nicely sized and the primary bathroom has been updated with a newer vanity. The primary bedroom opens to a serene balcony that overlooks the backyard, perfect for morning coffee and relaxing. The bonus attic space is perfect for additional storage, or even an extra bedroom or playroom. Newer washer and dryer stay with the home. Outside, enjoy your fully privacy fenced yard with a spacious two-car, two-door garage. This home is full of charm and ready to be loved by its new owners!

Details

Property type

Single Family Residence

Est. home value

$438,474

Lot size

6,098 sq ft

Price per sq ft

$255

Year built

1917

Annual property taxes

$5,616

Price History

07/01/2024
Realcomp

Realcomp #20240045040

Pending
$399,900
06/25/2024
Realcomp

Realcomp #20240045040

Listed
$399,900
+35.56%
09/06/2016
Realcomp

Realcomp #216076635

Sold
$295,000

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

$128,049
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$239,859
Cash to seller
$128,049

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 Inc

Loan start date

March 2020

Original loan amount

$270,900

Est. remaining balance

$239,859

Interest rate

3.51%

Loan type

Not Provided, 25 year

Seller

Jenna Lauren Binns and Jonathan Binns

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: Pending/Under Contract

Tomo last checked: 07/02/2024 at 6:55 PM

Listing updated: 07/01/2024 at 9:13 PM

Listed by: Beth Kirton, Rocket Homes Real Estate LLC Phone #: (800) 980-5022

MLS: Realcomp #20240045040

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