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$249,000

Beds
2
Baths
1.0
sq ft
908

1954 Graefield Rd, Birmingham, MI 48009

1954 Graefield Rd

Birmingham, MI 48009

  • 48 days on market
    • Price drop $5,900↓
Don't miss this move in ready Graefield Village bauty! Great wood floors, neutral paint and tile, an updated granite kitchen with stainless steel appliances that walks out to the back patio and huge courtyard. Bedrooms have newer 6 panel doors and good closet space. Basement has nice paneled rec room, newer furnace, good size built in cabinetry for storage and includes washer and dryer. Won't last long !

Details

Property type

Condominium

Est. home value

$226,966

Lot size

Unknown

Price per sq ft

$275

Year built

1948

Annual property taxes

$3,276

Monthly HOA fee

$301

Price History

06/16/2024
Realcomp

Realcomp #20240032474

Price change
$249,000
-2.31%
05/30/2024
Realcomp

Realcomp #20240032474

Price change
$254,900
-1.92%
05/13/2024
Realcomp

Realcomp #20240032474

Listed
$259,900

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

$98,310
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$130,770
Cash to seller
$98,310

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2021

Original loan amount

$140,800

Est. remaining balance

$130,770

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Alexandra Laconelli

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?

Status: Active

Tomo last checked: 06/30/2024 at 10:40 PM

Listing updated: 06/16/2024 at 12:23 PM

Listed by: Patricia J Raymond, Keller Williams Somerset Phone #: (248) 649-7200

MLS: Realcomp #20240032474

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