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$399,900

Beds
4
Baths
2.0
sq ft
966

213 N Gainsborough Ave, Royal Oak, MI 48067

213 N Gainsborough Ave

Royal Oak, MI 48067

  • 7 days on market

Details

Property type

Single Family Residence

Est. home value

$354,231

Lot size

5,663 sq ft

Price per sq ft

$414

Year built

1979

Annual property taxes

$4,808

Price History

06/27/2024
Realcomp

Realcomp #81024032891

Listed
$399,900
+40.32%
12/11/2023
Realcomp

Realcomp #20230096343

Sold
$285,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$140,881
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$227,027
Cash to seller
$140,881

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

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

December 2023

Original loan amount

$228,000

Est. remaining balance

$227,027

Interest rate

7.79%

Loan type

New Conventional, 30 year

Seller

Postkaard Properties Llc

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: 07/04/2024 at 11:25 PM

Listing updated: 06/27/2024 at 2:14 PM

Listed by: Karen J Weston-Hall, Phone #: (248) 890-5504

MLS: Realcomp #81024032891

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