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$215,000

Beds
3
Baths
1.0
sq ft
1,008

20869 Melrose St, Southfield, MI 48075

20869 Melrose St

Southfield, MI 48075

  • Coming soon
    • Open house Jan 25
Welcome to this beautifully updated and meticulously maintained 3-bedroom brick ranch! As you step inside, you’ll be greeted by stunning hardwood floors that flow seamlessly throughout the home. The bright and spacious living room invites you in, leading to a chef’s dream kitchen complete with gleaming granite countertops, ample storage, and a convenient dining area. The full bathroom is generously sized and features elegant tile work. Additional updates include modernized electrical, a newer sump pump, upgraded insulation, and a full basement offering endless possibilities. Situated on a large lot, this home is perfect for entertaining or simply enjoying outdoor living. All appliances are included for your convenience. Located in a fantastic neighborhood with friendly neighbors, this is a home you won’t want to miss!

Details

Property type

Single Family Residence

Est. home value

$190,664

Lot size

0.28 acres

Price per sq ft

$214

Year built

1972

Annual property taxes

$4,280

Price History

03/15/2023
Realcomp

Realcomp #20230002119

Sold
$187,000
+47.24%
09/06/2018
Realcomp

Realcomp #218058276

Sold
$127,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$18,328
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$179,472
Cash to seller
$18,328

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

March 2023

Original loan amount

$183,612

Est. remaining balance

$179,472

Interest rate

6.13%

Loan type

FHA, 30 year

Seller

Colin James Blanchard and Marshal Thomas Jones

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: Coming Soon

Tomo last checked: 01/21/2025 at 11:45 PM

Listing updated: 01/21/2025 at 4:30 PM

Listed by: Michael Guido, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20250004334

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