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$215,000

Beds
4
Baths
1.0
sq ft
1,457

20425 Lancaster St, Harper Woods, MI 48225

20425 Lancaster St

Harper Woods, MI 48225

  • 12 days on market
    • Price drop $10,000↓
Welcome to this delightful 4-bedroom, 1-bathroom bungalow that offers comfort and convenience. The entire roof was replaced in 2023. The updated kitchen features stainless steel appliances and opens up to a cozy dining area, perfect for family meals. Relax in the spacious family room, ideal for gatherings or quiet evenings at home. The layout includes two bedrooms on the main floor and two additional bedrooms upstairs, providing flexibility for guests, office space, or a growing family. The full basement was recently professionally water proofed and offers ample storage space and includes a laundry area. Step outside to the fenced backyard, where you'll find a deck perfect for outdoor entertaining, and a detached 2-car garage. Located within Grosse Pointe School District!

Details

Property type

Single Family Residence

Est. home value

$197,549

Lot size

6,534 sq ft

Price per sq ft

$148

Year built

1950

Annual property taxes

$5,626

Price History

10/29/2024
Realcomp

Realcomp #20240080584

Price change
$215,000
-4.44%
10/24/2024
Realcomp

Realcomp #20240080584

Listed
$225,000
+60.71%
01/09/2019
Realcomp

Realcomp #218090492

Sold
$140,000
+86.05%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grosse Pointe

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

Extra Cu

Loan start date

December 2023

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

7.63%

Loan type

Credit Line (Revolving), 20 year

Seller

Todd Logan and Stephanie Logan

Lender

Extra Cu

Loan start date

December 2023

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

7.63%

Loan type

Credit Line (Revolving), 20 year

Seller

Todd Logan and Stephanie Logan

Lender

Michigan State Hsng Development Authorit

Loan start date

January 2019

Original loan amount

$15,000

Est. remaining balance

Not provided

Interest rate

4.81%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Todd Logan and Stephanie Logan

Lender

Flagstar Bank Fsb

Loan start date

January 2019

Original loan amount

$130,748

Est. remaining balance

$117,845

Interest rate

4.81%

Loan type

FHA, 30 year

Seller

Todd Logan and Stephenie Logan

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: 11/05/2024 at 6:35 PM

Listing updated: 10/29/2024 at 10:10 AM

Listed by: Ryan M Callihan, REALTEAM Real Estate Phone #: (586) 580-8092

MLS: Realcomp #20240080584

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