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$234,900

Beds
3
Baths
1.0
sq ft
1,426

220 W 12 Mile Rd, Royal Oak, MI 48073

220 W 12 Mile Rd

Royal Oak, MI 48073

  • 4 days on market
Welcome Home! IMMEDIATE OCCUPANCY. Location Location Location! CHARMING UPDATED ROYAL OAK BUNGALOW. CLOSE TO DOWNTOWN/PARKS/SCHOOLS. OPEN CONCEPT WITH MANY UPDATES. FIRST FLOOR BEDROOM/2 BEDS UPSTAIRS. REMODELED MAINTENANCE FREE FRONT PORCH/EXTERIOR JUST PAINTED. GRANITE KITCHEN WITH SS APPLIANCES. NEW DISHWASHER/GARBAGE DISPOSAL/FRIDGE/KITCHEN FAUCET. (secret room behind the fridge) NEW WATER PIPES TO THE STREET & NEW DRIVEWAY. LOTS OF PARKING- DRIVETHOUGH FROM THE FRONT OF THE HOUSE TO THE BACK WHERE THERE IS ADDITIONAL PARKING AND ROOM TO PUT UP A GARAGE. ALLEY RUNS THROUGH THE BACK. BATHROOM JUST REDONE/FRESHLY PAINTED WHITE SO YOU CAN ADD YOUR COLOR TOUCHES. BRAND NEW WINDOW AC UNITS. LAUNDRY IN THE UNFINISHED BASEMENT THAT YOU CAN MAKE YOUR MARK ON. NICE SIZE PRIVACY FENCED BACK YARD WITH A SHED FOR STORAGE

Details

Property type

Single Family Residence

Est. home value

$212,350

Lot size

5,663 sq ft

Price per sq ft

$165

Year built

1915

Annual property taxes

$2,391

Price History

07/01/2024
MiRealSource

MiRealSource #50147230

Listed
$234,900
+58.82%
10/24/2018
Realcomp

Realcomp #218081698

Sold
$147,900
+12.47%
11/16/2016
Realcomp

Realcomp #216087337

Sold
$131,500
+108.73%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak Neighborhood 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

$87,158
Asking price
$234,900
Closing costs (~8% of asking)
-$18,792
Est. remaining loan balance
-$128,950
Cash to seller
$87,158

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

October 2018

Original loan amount

$143,463

Est. remaining balance

$128,950

Interest rate

4.54%

Loan type

Not Provided, 30 year

Seller

Alec Angelo Johnson

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 10:40 PM

Listing updated: 07/01/2024 at 8:24 PM

Listed by: Debra H Perfili, Helm & Associates Phone #: (586) 465-6296

MLS: MiRealSource #50147230

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