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$524,999

Beds
3
Baths
2.0
sq ft
1,895

1854 W Melton Rd, Birmingham, MI 48009

1854 W Melton Rd

Birmingham, MI 48009

  • 23 days on market
Discover comfort and style in this move-in-ready Birmingham ranch home located on a tranquil street. The open floor plan features a formal dining room, a spacious family room, and an updated kitchen with a center island. A private sitting room leads to an expansive primary suite with and en-suite bathroom and walk in closet. In the other wing of home, you'll find two additional bedrooms and a beautifully updated full bathroom. Further highlights include Brazilian walnut wood floors, stainless steel appliances, an attached garage, and an oversized fenced-in backyard ideal for outdoor activities and gatherings. Perfectly situated within walking distance to vibrant restaurants, charming shops, and trendy studios, this gem wont last long!

Details

Property type

Single Family Residence

Est. home value

$462,204

Lot size

0.25 acres

Price per sq ft

$278

Year built

1950

Annual property taxes

$5,035

Price History

06/11/2024
Realcomp

Realcomp #20240041072

Listed
$524,999
+81.03%
11/27/2013
Realcomp

Realcomp #213107992

Sold
$290,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$268,388
Asking price
$524,999
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$214,611
Cash to seller
$268,388

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

Seller’s Loan History

Lender

The State Bank

Loan start date

November 2013

Original loan amount

$275,500

Est. remaining balance

$214,611

Interest rate

4.23%

Loan type

New Conventional, 30 year

Seller

Alexander Karchon

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 11:35 PM

Listing updated: 06/25/2024 at 5:03 PM

Listed by: Sloane Wolf, The Agency Hall & Hunter Phone #: (248) 644-3500

MLS: Realcomp #20240041072

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