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$82,000

Beds
3
Baths
1.0
sq ft
1,186

20235 Oakfield St, Detroit, MI 48235

20235 Oakfield St

Detroit, MI 48235

  • 213 days on market
    • Price drop $499↓
***SELLER HAS INSTALLED A BRAND NEW ELECTRIC PANEL, THE BACKYARD GRADE IS BEING EVENED OUT, BUT SEE LISTING AGENT ON DETAILS ON HOW YOU COULD GET UP TO $25,000 TOWARDS THE PURCHASE OF YOUR NEW HOME IN DETROIT*** WELCOME TO 20235 OAKFIELD AVE, DETROIT, MI! Boasting 3 BEDROOMS and 1 FULL BATHROOM, RENTAL COMPS IN THE AREA for a 3 bedroom are UPWARDS OF $1,400/MONTH, Adding potentially an additional $16,800/Year in Income to an investors portfolio! This home has upgrades!! NEW FLOORING throughout the kitchen, dining room, and front walkway. This Home IS PERFECT for a first-time home buyer or investor looking for a move in ready home!

Details

Property type

Single Family Residence

Est. home value

$89,644

Lot size

5,227 sq ft

Price per sq ft

$70

Year built

1948

Annual property taxes

$1,481

Price History

07/29/2024
Realcomp

Realcomp #81024018962

Price change
$82,000
-0.6%
05/07/2024
Realcomp

Realcomp #81024018962

Price change
$82,499
-8.33%
04/20/2024
Realcomp

Realcomp #81024000209

Removed
$90,000
+4.05%

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

Mercury Financial Inc

Loan start date

April 2004

Original loan amount

$91,756

Est. remaining balance

$46,116

Interest rate

5.58%

Loan type

FHA, 30 year

Seller

Latrune Sturdivant

Lender

Mercury Financial Inc

Loan start date

April 2004

Original loan amount

$91,756

Est. remaining balance

$46,116

Interest rate

5.58%

Loan type

FHA, 30 year

Seller

Latrune Sturdivant

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: 11/19/2024 at 10:35 PM

Listing updated: 10/25/2024 at 10:35 AM

Listed by: Malgorzata Simmons, Phone #: (734) 459-4700

MLS: Realcomp #81024018962

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