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$474,000

Beds
3
Baths
2.0
sq ft
1,116

1963 Cole St, Birmingham, MI 48009

1963 Cole St

Birmingham, MI 48009

  • 15 days on market
Location, location, location! This charming, move-in-ready Birmingham bungalow is walking distance to parks, Downtown Birmingham, and the Triangle District. While being so close to all the conveniences, enjoy a private oasis in the expansive private backyard. The entirety of the 2nd floor features a large primary bedroom with an en-suite bathroom, and a spacious walk-in closet! Freshly painted, hardwood floors fully refinished, new carpets throughout, new kitchen backsplash, newer stainless steel appliances, new hot water heater (2024) and new driveway! The basement is open to your imagination with a large open area and 2 finished bonus rooms. The private backyard features a raised deck, storage shed, and definitely take a peek into the most adorable playhouse. Don't let this Birmingham gem slip through your fingers!

Details

Property type

Single Family Residence

Est. home value

$363,601

Lot size

4,792 sq ft

Price per sq ft

$425

Year built

1949

Annual property taxes

$5,027

Price History

09/03/2024
Realcomp

Realcomp #20240065673

Listed
$474,000
+49.53%
02/23/2024
Realcomp

Realcomp #20240008435

Sold
$317,000
+2.26%
02/14/2024
Realcomp

Realcomp #20240008435

Pending
$310,000

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

$178,996
Asking price
$474,000
Closing costs (~8% of asking)
-$37,920
Est. remaining loan balance
-$257,084
Cash to seller
$178,996

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

June 2018

Original loan amount

$289,656

Est. remaining balance

$257,084

Interest rate

4.58%

Loan type

FHA, 30 year

Seller

Thomas C Allen

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: 09/19/2024 at 5:15 AM

Listing updated: 09/18/2024 at 4:54 PM

Listed by: Natalie Vermeulen, DOBI Real Estate Phone #: (248) 385-3350

MLS: Realcomp #20240065673

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