tomo logo

$219,900

Beds
3
Baths
2.0
sq ft
1,445

18481 Washburn St, Detroit, MI 48221

18481 Washburn St

Detroit, MI 48221

  • 8 days on market
FURNACE & WATER TANK TO BE INSTALLED THE DAY OF CLOSING. SELLER TO INCLUDE A ONE YEAR HOME WARRANTY WITH A GOOD OFFER. BUYER GOT COLD FEET. WE HAD IS SOLD FOR 255K WHEN WE INITIALLY LISTED IT ON THE MARKET AND IT APPRAISED. WOW!! SUPER SHARP AND UPDATED 3 BEDROOM BUNGALOW WITH TWO FULL BATHS LOCATED IN POPULAR "BAGLEY SUBDIVISON" NOTHING TO DO HERE BUT MOVE IN. COMPLETLEY RENOVATED KITCHEN WITH CERAMIC FLOORS, BACK-SPLASH, AND GRANITE COUNTER-TOPS. TWO FULLY UPDATED BATHS ONE ON EACH LEVEL. HUGE LIVING ROOM WITH NATURAL FIREPLACE LEADING INTO A FORMAL DINING ROOM. FULL BASEMENT WIDE OPEN AND READY FOR YOUR FINISHING TOUCHES. ALL NEW PLUBING & ELECTRICAL. APPRAISED FOR 255k BUY NOW AND HAVE AN INSTANT 30K IN EQUITY.

Details

Property type

Single Family Residence

Est. home value

$154,512

Lot size

3,920 sq ft

Price per sq ft

$153

Year built

1938

Annual property taxes

$1,662

Price History

02/14/2025
Realcomp

Realcomp #20250009973

Listed
$219,900
+16.04%
12/19/2024
Realcomp

Realcomp #20240035061

Removed
$189,500
12/05/2024
Realcomp

Realcomp #20240035061

Price change
$189,500
-0.21%

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

Lima One Capital Llc

Loan start date

September 2023

Original loan amount

$1,103,300

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Commercial, 2 year

Seller

Detroit Sfr Opportunity Llc

Lender

Lima One Capital Llc

Loan start date

September 2023

Original loan amount

$1,103,300

Est. remaining balance

Not provided

Interest rate

6.9%

Loan type

Commercial, 2 year

Seller

Detroit Sfr Opportunity Llc

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: 02/23/2025 at 6:05 AM

Listing updated: 02/15/2025 at 11:04 AM

Listed by: Alex H Saad, Alex H Saad, RE/MAX Team 2000RE/MAX Team 2000 Phone #: (313) 561-0900

MLS: Realcomp #20250009973

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