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$124,900

Beds
2
Baths
1.0
sq ft
744

23231 Helen St, Southfield, MI 48033

23231 Helen St

Southfield, MI 48033

  • 27 days on market
    • Price drop $5,000↓
MOTIVATED SELLER!!! DO YOU LIKE INCOME???? How about appreciation? CAN YOU SAY AWESOME LOCATION? Turn this cozy, cute home into a rental and perhaps you can make some serious money! DID you see what the houses on the street are selling for? With an appraisal from just last year for over $170k there is plenty of room for improvement in a possible future sales price. House is within walking distance to fast food, lots of shops and much more! Quaint 2 Bedroom, with a Michigan Basement, 1 bath freshly redone, had over $40,000 in total improvements over the last 5 years, including a new roof, new carpet, cabinets, fresh paint, Laminate floors, new WH, Furnace, duct work and more! Seller will look at ALL offers and concessions. Home may also be for Rent at $1,475/month, $2,000S/D, $50App fee, $150 Non Refundable Cleaning fee. Agent related to Owner

Details

Property type

Single Family Residence

Est. home value

$105,856

Lot size

5,227 sq ft

Price per sq ft

$168

Year built

1936

Annual property taxes

$1,806

Price History

06/30/2024
Realcomp

Realcomp #20240038496

Price change
$124,900
-3.85%
06/25/2024
Realcomp

Realcomp #20240038496

Price change
$129,900
-3.71%
06/13/2024
Realcomp

Realcomp #20240038496

Price change
$134,900
-3.64%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public 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

$45,701
Asking price
$124,900
Closing costs (~8% of asking)
-$9,992
Est. remaining loan balance
-$69,207
Cash to seller
$45,701

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

June 2023

Original loan amount

$70,000

Est. remaining balance

$69,207

Interest rate

6.43%

Loan type

New Conventional, 30 year

Seller

Joann Brawner

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: 06/30/2024 at 10:25 PM

Listing updated: 06/30/2024 at 8:33 AM

Listed by: Daniel G O'Donnell, NATOD Management Phone #: (248) 609-7108

MLS: Realcomp #20240038496

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