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$92,500

Beds
3
Baths
1.0
sq ft
1,045

18941 Kenosha St, Harper Woods, MI 48225

18941 Kenosha St

Harper Woods, MI 48225

  • Pending
This well-maintained 3-bed, 1-bath bungalow near Detroit's east side, off Beaconsfield and Moross, is perfect for investors or homeowners. A long-term Section 8 tenant occupies the home, providing steady income with potential for rent increases. The tenant takes excellent care of the property, which features a beautiful backyard. Recent updates include yard/tree cleanup, shower repair, driveway trip hazard repair, and a new storm door. All deferred maintenance has been addressed, and the home has passed city and Section 8 inspections, securing compliance for two years. This property must be sold as a package deal with 19637 Kenosha MLS #24043065 seller is very motivated

Details

Property type

Single Family Residence

Est. home value

$95,118

Lot size

4,792 sq ft

Price per sq ft

$89

Year built

1949

Annual property taxes

$3,554

Price History

08/29/2024
Realcomp

Realcomp #81024043077

Pending
$92,500
08/16/2024
Realcomp

Realcomp #81024043077

Listed
$92,500
+164.29%
07/15/2016
Realcomp

Realcomp #216035328

Sold
$35,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Harper Woods

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

Civic Financial Services Llc

Loan start date

November 2022

Original loan amount

$244,280

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Arz Investments & Development Llc

Lender

Civic Financial Services Llc

Loan start date

November 2022

Original loan amount

$244,280

Est. remaining balance

Not provided

Interest rate

6.92%

Loan type

Future Advance Clause / Open End Mortgage, 30 year

Seller

Arz Investments & Development 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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 9:45 AM

Listing updated: 08/29/2024 at 10:43 PM

Listed by: Patrick Griffin, Phone #: (248) 509-4560

MLS: Realcomp #81024043077

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