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$220,000

Beds
3
Baths
1.5
sq ft
1,071

21620 Whitmore St, Oak Park, MI 48237

21620 Whitmore St

Oak Park, MI 48237

  • 43 days on market
Investment Opportunity knocks. Cash flow day one. Awesome 3 Bedroom 1.5 Bath Ranch Home in lovely Oak Park. Updated this Year, with new paint throughout. Close to all types of shopping, as well quick access to the freeways. Includes Stainless Steel Stove, Refrigerator, Dishwasher. It is Move in Ready.. Tenant occupied, please be respectful. SERIOUS BUYERS ONLY.

Details

Property type

Single Family Residence

Est. home value

$208,406

Lot size

6,098 sq ft

Price per sq ft

$206

Year built

1954

Annual property taxes

$4,892

Price History

08/05/2024
Realcomp

Realcomp #20240057389

Listed
$220,000
+10.64%
02/16/2022
Realcomp

Realcomp #2210090628

Sold
$198,850

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oak Park

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

$100,304
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$102,096
Cash to seller
$100,304

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

Seller’s Loan History

Lender

Michigan Schools & Government Cu

Loan start date

February 2023

Original loan amount

$104,000

Est. remaining balance

$102,096

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Andrea F Mays and Andre Mays

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: 09/17/2024 at 11:25 PM

Listing updated: 08/07/2024 at 6:03 AM

Listed by: Lance Farr, Pro Vision Properties LLC Phone #: (248) 701-4221

MLS: Realcomp #20240057389

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