tomo logo

$129,900

Beds
3
Baths
1.0
sq ft
1,024

22828 Oakwood Ave, Eastpointe, MI 48021

22828 Oakwood Ave

Eastpointe, MI 48021

  • 50 days on market
    • Price drop $5,000↓
GREAT INCOME PRODUCING INVESTMENT OR AMAZING STARTER HOME! MOTIVATED SELLER! UPDATED BUNGALOW WITH NICE LAYOUT THAT SITS ON OVER A 1/2 ACRE OF LAND. IF YOU ARE CONSIDERING REBUILDING, EXTENDING OR HAVING FAM GATHERINGS, THIS WOULD BE THE IDEAL HOUSE FOR YOU. UPDATES INCLUD ELECT, PLUMBING & RESCESS LIGHTING. KITCHEN HAS NEWER CABINETS, GRANITE COUNTERS, SS APPL, SS RANGE HOOD& WOOD FLOOR. REMODELED BATHRM HAS NEW TUB, SINK & VANITY. REMODELED BATHRM HAS NEWER TUB, SINK, VANITY. THE HOUSE IS FRESHLY PAINTED, NEW CARPET THROUGHOUT. NEWER BASEBOARD HEATING SYSTEM AND THE LIST GOES ON.

Details

Property type

Single Family Residence

Est. home value

$129,214

Lot size

0.39 acres

Price per sq ft

$127

Year built

1930

Annual property taxes

$2,771

Price History

11/16/2024
Realcomp

Realcomp #20240082882

Price change
$129,900
-3.71%
11/11/2024
Realcomp

Realcomp #20240082882

Price change
$134,900
-3.57%
11/02/2024
Realcomp

Realcomp #20240082882

Listed
$139,900
+11.92%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eastpointe Community 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

$5,939
Asking price
$129,900
Closing costs (~8% of asking)
-$10,392
Est. remaining loan balance
-$113,569
Cash to seller
$5,939

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

June 2021

Original loan amount

$122,735

Est. remaining balance

$113,569

Interest rate

2.94%

Loan type

FHA, 30 year

Seller

Tyesha Compton

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: 12/22/2024 at 3:35 PM

Listing updated: 11/29/2024 at 7:40 PM

Listed by: Chris Bahoura, Community Choice Realty Inc Phone #: (248) 729-0011

MLS: Realcomp #20240082882

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