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$124,900

Beds
3
Baths
1.5
sq ft
1,099

20293 Winthrop St, Detroit, MI 48235

20293 Winthrop St

Detroit, MI 48235

  • 4 days on market
Great move-in ready home or investment property! This freshly rehabbed home features an inviting open floor plan with gleaming hardwood floors. The spacious living room includes a (closed up) fireplace, adding character and potential. The spacious kitchen offers plenty of space for cooking, while the three generously sized bedrooms and full bathroom provide comfortable living. Upstairs, the charming Cape Cod-style white wood paneling adds a unique touch. The basement offers additional space for storage, and the 2.5-car garage provides ample room for vehicles and equipment. Located in a prime area close to two major freeways, shopping centers, restaurants, and parks, this home ensures convenience and accessibility. Enjoy a quick drive to the suburbs or downtown Detroit in just minutes. **New garage doors are being installed 12/20**

Details

Property type

Single Family Residence

Est. home value

$89,156

Lot size

6,098 sq ft

Price per sq ft

$114

Year built

1947

Annual property taxes

$1,728

Price History

12/17/2024
Realcomp

Realcomp #20240092853

Listed
$124,900
+390.03%
08/30/2018
Realcomp

Realcomp #218062802

Sold
$25,488

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

Colonial Mortgage Corp

Loan start date

May 2007

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

5.86%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 87 year

Seller

Henry Bailey

Lender

Colonial Mortgage Corp

Loan start date

May 2007

Original loan amount

$165,000

Est. remaining balance

Not provided

Interest rate

5.86%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 87 year

Seller

Henry Bailey

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: 12/22/2024 at 9:20 AM

Listing updated: 12/20/2024 at 12:30 PM

Listed by: Brian Houghton, Rondo Investment LLC Phone #: (313) 521-6666

MLS: Realcomp #20240092853

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