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$115,000

Beds
3
Baths
1.0
sq ft
1,392

21825 Panama Ave, Warren, MI 48091

21825 Panama Ave

Warren, MI 48091

  • 56 days on market
    • Price drop $10,000↓
INVESTOR SPECIAL! Updated 3 Bedroom Ranch on a 50 ft lot with garage & 1,392 Sq. Ft. Easy access to all e-ways, parks, shops and more. TURN KEY! Dimensional shingle roof. Tenant is Mo-Mo *DO NOT DISTURB- shown upon accepted offer only.

Details

Property type

Single Family Residence

Est. home value

$125,712

Lot size

6,970 sq ft

Price per sq ft

$83

Year built

1946

Annual property taxes

$2,458

Price History

06/05/2024
Realcomp

Realcomp #20240031320

Price change
$115,000
-8%
05/15/2024
Realcomp

Realcomp #20240031320

Price change
$125,000
-7.41%
05/09/2024
Realcomp

Realcomp #20240031320

Listed
$135,000
+335.48%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fitzgerald

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

$57,105
Asking price
$115,000
Closing costs (~8% of asking)
-$9,200
Est. remaining loan balance
-$48,695
Cash to seller
$57,105

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

Seller’s Loan History

Lender

Chemical Bank

Loan start date

August 2018

Original loan amount

$54,400

Est. remaining balance

$48,695

Interest rate

4.52%

Loan type

New Conventional, 30 year

Seller

Dennis Hsu

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 11:45 PM

Listing updated: 06/05/2024 at 2:33 PM

Listed by: Carlo Gobba, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240031320

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