tomo logo

$75,000

Beds
3
Baths
1.0
sq ft
900

19196 McCormick St, Detroit, MI 48224

19196 McCormick St

Detroit, MI 48224

  • 48 days on market
Unlock your next investment with this already cash-flowing 3-bedroom rental in a sought-after Detroit neighborhood! This property is a fantastic addition to your portfolio, offering both immediate returns and long-term potential.

Details

Property type

Single Family Residence

Est. home value

$59,640

Lot size

5,227 sq ft

Price per sq ft

$84

Year built

1942

Annual property taxes

$1,646

Price History

09/17/2024
Realcomp

Realcomp #20240069930

Listed
$75,000
-5.06%
08/28/2024
Realcomp

Realcomp #20240005159

Removed
$79,000
06/12/2024
Realcomp

Realcomp #20240005159

Price change
$79,000
-3.66%

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

Michigan Homeowner Assistance Nonprofit

Loan start date

May 2013

Original loan amount

$10,466

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Terrance R Brown and Zenovia J Brown

Lender

Michigan Homeowner Assistance Nonprofit

Loan start date

May 2013

Original loan amount

$10,466

Est. remaining balance

Not provided

Interest rate

3.54%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Terrance R Brown and Zenovia J Brown

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: 11/05/2024 at 10:25 AM

Listing updated: 09/21/2024 at 6:01 AM

Listed by: Joseph Hammel, Keller Williams Somerset Phone #: (248) 649-7200

MLS: Realcomp #20240069930

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