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$119,900

Beds
3
Baths
1.0
sq ft
791

22174 Rausch Ave, Eastpointe, MI 48021

22174 Rausch Ave

Eastpointe, MI 48021

  • Pending
**HIGHEST & BEST OFFERS DUE SUNDAY, 1/19/25 @ 9:00pm EST** This charming split-level home offers a thoughtfully designed layout and a range of desirable features. On the main level, you'll find a cozy living room with a fireplace that creates a warm and inviting space, along with a convenient bedroom perfect for guests or a home office. The lower level boasts a bright kitchen with an adjacent dining area, ideal for both casual meals and entertaining. A laundry room on this level adds functionality and convenience to daily living. The upper level includes two spacious bedrooms and a full bathroom. One of the bedrooms features a walk-in closet, offering ample storage and a touch of luxury. Hardwood flooring runs throughout the home, enhancing its elegance and durability. Outside, this property sits on a corner lot with low-maintenance landscape, perfect for those seeking ease of upkeep. A large yard provides plenty of space for outdoor activities, while the 1-car garage with lean-to and a separate mini dog house add practicality. A deck extends your living space to the outdoors, perfect for relaxing or hosting gatherings. This property is a perfect blend of style, comfort, and practicality, designed to meet a variety of needs.

Details

Property type

Single Family Residence

Est. home value

$121,223

Lot size

6,534 sq ft

Price per sq ft

$152

Year built

1941

Annual property taxes

$2,572.02

Price History

01/20/2025
MiRealSource

MiRealSource #50164486

Pending
$119,900
01/13/2025
MiRealSource

MiRealSource #50164486

Listed
$119,900
+120.4%
06/28/2019
MiRealSource

MiRealSource #31368373

Sold
$54,400

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eastpointe Community Schl

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

$71,357
Asking price
$119,900
Closing costs (~8% of asking)
-$9,592
Est. remaining loan balance
-$38,951
Cash to seller
$71,357

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

Seller’s Loan History

Lender

Main Street Bank

Loan start date

June 2019

Original loan amount

$43,500

Est. remaining balance

$38,951

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Holly Korchmar

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: Pending/Under Contract

Tomo last checked: 01/22/2025 at 5:45 AM

Listing updated: 01/20/2025 at 6:30 PM

Listed by: Melanie Lovati, Innovation Real Estate Specialists Inc. Phone #: (586) 263-8220

MLS: MiRealSource #50164486

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