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$85,000

Beds
2
Baths
1.0
sq ft
702

23165 Rein Ave, Eastpointe, MI 48021

23165 Rein Ave

Eastpointe, MI 48021

  • 15 days on market
Tastefully updated 2-bedroom home located on an oversized lot. Fantastic first floor living opportunity offering an unbeatable layout from its first-floor laundry that leads directly into the kitchen that conveniently flows into the spacious living room. Enjoy the lovely summer spring and fall days/evenings with this breathtaking enclosed porch and so much more. Perfect option for a downsizing family, first time home buyer or an investor. Do not let this opportunity pass you by!!!!!

Details

Property type

Single Family Residence

Est. home value

$89,317

Lot size

8,276 sq ft

Price per sq ft

$122

Year built

1941

Annual property taxes

$2,493

Price History

01/17/2025
Realcomp

Realcomp #20250003931

Listed
$85,000
-8.11%
12/16/2024
Realcomp

Realcomp #20240071474

Removed
$92,500
11/27/2024
Realcomp

Realcomp #20240071474

Price change
$92,500
-2.63%

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

$38,118
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$40,082
Cash to seller
$38,118

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

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

November 2003

Original loan amount

$81,352

Est. remaining balance

$40,082

Interest rate

6.01%

Loan type

FHA, 30 year

Seller

Todd Hager and Joyce M Calus

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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MiRealSource
$89,900
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21853 Cushing Ave, Eastpointe, MI 48021

Status: Active

Tomo last checked: 02/01/2025 at 10:30 PM

Listing updated: 01/22/2025 at 9:59 AM

Listed by: Spencer Ray, Jim Saros Real Estate Services Phone #: (313) 886-9030

MLS: Realcomp #20250003931

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