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$92,500

Beds
3
Baths
1.5
sq ft
1,148

19954 Ardmore St, Detroit, MI 48235

19954 Ardmore St

Detroit, MI 48235

  • 30 days on market
    • Price drop $7,500↓
Opportunity knocks! This 3 bedroom, brick ranch in a great area of Detroit is ready to be added to your portfolio. Tenant occupied paying one thousand two hundred / mo and is current with rent. Lease is currently month to month. Tenant has lived in the property since 2020, and the property is professionally managed. Market rent is one thousand three hundred - one thousand four hundred so there is room to increase rents. No showings allowed until an accepted offer.

Details

Property type

Single Family Residence

Est. home value

$99,601

Lot size

4,792 sq ft

Price per sq ft

$81

Year built

1950

Annual property taxes

$2,799

Price History

08/23/2024
Realcomp

Realcomp #20240059809

Price change
$92,500
-7.5%
08/13/2024
Realcomp

Realcomp #20240059809

Listed
$100,000
+42.86%
03/08/2021
Realcomp

Realcomp #2210015208

Sold
$70,000
+102.46%

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

Frankenmuth Cu

Loan start date

March 2021

Original loan amount

$56,000

Est. remaining balance

$51,611

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Lon A Coleman and Lon Coleman

Lender

Frankenmuth Cu

Loan start date

March 2021

Original loan amount

$56,000

Est. remaining balance

$51,611

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Lon A Coleman and Lon Coleman

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: 09/12/2024 at 10:55 PM

Listing updated: 08/28/2024 at 5:23 PM

Listed by: Ryan Lonsway, Real Broker LLC Troy Phone #: (517) 200-3245

MLS: Realcomp #20240059809

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