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$100,000

Beds
2
Baths
1.0
sq ft
702

23165 Rein Ave, Eastpointe, MI 48021

23165 Rein Ave

Eastpointe, MI 48021

  • 42 days on market
    • Price drop $5,000↓
Very cozy 2 bedroom ranch home on very large lot in great area. Updated bath, kitchen, laundry. Fresh style carpet and paint. Enclosed front porch. Immediately available. Investors this was previously rented for 1200/mo. Please contact agent to set up showing. Buyer to verify all measurements.

Details

Property type

Single Family Residence

Est. home value

$89,317

Lot size

8,276 sq ft

Price per sq ft

$143

Year built

1941

Annual property taxes

$1,554

Price History

11/04/2024
Realcomp

Realcomp #20240071474

Price change
$100,000
-4.76%
10/22/2024
Realcomp

Realcomp #20240071474

Listed
$105,000
10/17/2024
Realcomp

Realcomp #20240071474

Pending
$105,000

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

$51,347
Asking price
$100,000
Closing costs (~8% of asking)
-$8,000
Est. remaining loan balance
-$40,653
Cash to seller
$51,347

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

$40,653

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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Status: Active

Tomo last checked: 11/05/2024 at 8:55 AM

Listing updated: 11/04/2024 at 11:05 AM

Listed by: Albert Paglia III, Level 5 Real Estate LLC Phone #: (586) 756-1100

MLS: Realcomp #20240071474

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