tomo logo

$120,000

Beds
3
Baths
1.5
sq ft
927

22641 Pembroke Ave, Detroit, MI 48219

22641 Pembroke Ave

Detroit, MI 48219

  • 56 days on market
    • Price drop $5,000↓
**Do not disturb tenants** Turnkey investors, look no further for an updated home in the popular Berg-Lahser neighborhood, that already rented with a cash tenant at 1350/mo. The home has many updates including a recently remodeled kitchen with new cabinets, countertop, appliances, and LVP flooring. Durable hardwood flooring through the living room, hallway, and bedrooms. Coupled with the vinyl windows, pex plumbing, new water tank & furnace; the new owner can expect low maintenance costs moving forward. The basement features large unfinished space for entertaining, storage, and laundry facilities in addition to the extra full bath. There's also a fenced in backyard for further privacy for the residents.

Details

Property type

Single Family Residence

Est. home value

$82,769

Lot size

5,663 sq ft

Price per sq ft

$130

Year built

1951

Annual property taxes

$2,118

Price History

06/06/2024
Realcomp

Realcomp #20240030596

Price change
$120,000
-4%
05/23/2024
Realcomp

Realcomp #20240030596

Price change
$125,000
-3.85%
05/07/2024
Realcomp

Realcomp #20240030596

Listed
$130,000
+78.08%

Schools & Community

Neighborhood: 

Berg-Lasher

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Kiavi Funding Inc

Loan start date

April 2023

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Building or Construction Loan

Seller

Cfre Detroit Llc

Lender

Kiavi Funding Inc

Loan start date

April 2023

Original loan amount

$84,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Building or Construction Loan

Seller

Cfre Detroit 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: 07/02/2024 at 7:15 PM

Listing updated: 06/24/2024 at 9:03 AM

Listed by: Timothy Moore, Zest Realty LLC Phone #: (248) 270-8238

MLS: Realcomp #20240030596

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