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$195,000

Beds
2
Baths
2.0
sq ft
1,472

19400 W 11 Mile Rd, Lathrup Village, MI 48076

19400 W 11 Mile Rd

Lathrup Village, MI 48076

  • 60 days on market
    • Price drop $5,000↓
Welcome home to this spacious, upper level ranch condo in the heart of Lathrup Village. The inviting large living room features a cozy gas fireplace, perfect for chilly Michigan evenings. Enjoy meals in the bright dining area, which opens to a private balcony through a sliding door. This condo offers convenience with an in-unit laundry room and plenty of storage, including double closets in the oversized master bedroom. With two large bedrooms and an attached 1-car garage, this home checks all the boxes. Ideally located just steps from downtown Southfield, shopping, dining, and more. Tenant occupied, please contact listing agent for access or schedule a showing during available dates/times in showingtime app.

Details

Property type

Condominium

Est. home value

$191,872

Lot size

Unknown

Price per sq ft

$133

Year built

1984

Annual property taxes

$4,711

Monthly HOA fee

$350

Price History

11/05/2024
Realcomp

Realcomp #20240071460

Listed
$195,000
11/04/2024
Realcomp

Realcomp #20240071460

Pending
$195,000
10/21/2024
Realcomp

Realcomp #20240071460

Price change
$195,000
-2.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public Schools

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

$33,500
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$145,900
Cash to seller
$33,500

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

July 2022

Original loan amount

$151,200

Est. remaining balance

$145,900

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Tiffany James

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: 11/22/2024 at 3:30 PM

Listing updated: 11/05/2024 at 9:40 AM

Listed by: Thalia Graham, Berkshire Hathaway HomeServices Kee Realty Bham Phone #: (248) 646-6200

MLS: Realcomp #20240071460

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