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$329,900

Beds
3
Baths
2.0
sq ft
1,044

2303 E 4th St, Royal Oak, MI 48067

2303 E 4th St

Royal Oak, MI 48067

  • 10 days on market
    • Price drop $15,000↓
This 1 1/2 story home was completely updated within the last 5 years and within walking distance to downtown Royal Oak! There's a beautiful 3 season enclosed front porch - windows are new within the last year. Kitchen is open to the Dining area & Living room. 42" white shaker cabinets. White and gray quartz countertops in kitchen and island. Stainless steel appliances - dishwasher is brand new. White shaker cabinet in the main floor bath and ceramic tile flooring. Upstairs Master BR has built in drawers and shelves and Wood flooring. All of the top down/bottom up blinds are newer. The finished basement has a full bath, and a nice size sitting area great for relaxing! Laundry area & lots of storage space in the basement as well! Buyer to verify info & measurements.

Details

Property type

Single Family Residence

Est. home value

$373,746

Lot size

4,356 sq ft

Price per sq ft

$316

Year built

1950

Annual property taxes

$4,796

Price History

10/15/2024
Realcomp

Realcomp #20240075681

Price change
$329,900
-4.35%
10/07/2024
Realcomp

Realcomp #20240075681

Listed
$344,900
+21.02%
06/07/2019
Realcomp

Realcomp #219029242

Sold
$285,000
+83.87%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$59,829
Asking price
$329,900
Closing costs (~8% of asking)
-$26,392
Est. remaining loan balance
-$243,679
Cash to seller
$59,829

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

June 2019

Original loan amount

$270,750

Est. remaining balance

$243,679

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Angela M Spierling and David M Spierling Jr

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: 10/18/2024 at 12:15 PM

Listing updated: 10/15/2024 at 4:02 PM

Listed by: Jennifer D Richmond, Metro Detroit Property Management Phone #: (734) 469-4607

MLS: Realcomp #20240075681

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