tomo logo

$95,000

Beds
4
Baths
1.0
sq ft
551

208 Fairmont St, River Rouge, MI 48218

208 Fairmont St

River Rouge, MI 48218

  • 14 days on market
Welcome to this spacious 4-bedroom, 1-bath home located in the heart of Downriver! This property offers a fantastic opportunity for both investors and homebuyers alike. Currently tenant-occupied, the home can be sold vacant, making it a versatile option for those looking to expand their real estate portfolio or settle into a cozy family home.

Details

Property type

Single Family Residence

Est. home value

$91,200

Lot size

3,049 sq ft

Price per sq ft

$173

Year built

1915

Annual property taxes

$1,772

Price History

09/17/2024
Realcomp

Realcomp #81024049122

Listed
$95,000
+14.11%
12/29/2023
Realcomp

Realcomp #20230063400

Sold
$83,250

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

River Rouge

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

Not Available

Loan start date

December 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Zayana Cato

Lender

Not Available

Loan start date

December 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Zayana Cato

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: 10/02/2024 at 10:15 AM

Listing updated: 09/20/2024 at 8:51 PM

Listed by: Kristal Covington, Phone #: (248) 469-8257

MLS: Realcomp #81024049122

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