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$105,000

Beds
2
Baths
1.0
sq ft
737

20035 Santa Barbara Dr, Detroit, MI 48221

20035 Santa Barbara Dr

Detroit, MI 48221

  • 130 days on market
    • Price drop $2,000↓
This charming, two bedroom, one bathroom home offers immediate cash flow! This home is tenant occupied and tenant is paying $1,100/month + all utilities. CofC is in process, home has a passing lead inspection. Tenant is a cash paying tenant, not section 8. DO NOT DISTURB TENANTS.Home is professionally managed by Grant & Main

Details

Property type

Single Family Residence

Est. home value

$65,058

Lot size

9,583 sq ft

Price per sq ft

$143

Year built

1920

Annual property taxes

$628

Price History

08/14/2024
Realcomp

Realcomp #81024035993

Price change
$105,000
-1.87%
07/22/2024
Realcomp

Realcomp #81024035993

Price change
$107,000
-2.64%
07/14/2024
Realcomp

Realcomp #81024035993

Listed
$109,900

Schools & Community

Neighborhood: 

Eight Mile Wyoming

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

F Street Jnvestments Llc

Loan start date

September 2023

Original loan amount

$65,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Future Advance Clause / Open End Mortgage, 0 year

Seller

Eb & L Properties Llc

Lender

F Street Jnvestments Llc

Loan start date

September 2023

Original loan amount

$65,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Future Advance Clause / Open End Mortgage, 0 year

Seller

Eb & L Properties Llc

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 3:35 AM

Listing updated: 10/08/2024 at 2:41 PM

Listed by: Megan Taylor, Phone #: (313) 261-2921

MLS: Realcomp #81024035993

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