tomo logo

$285,000

Beds
3
Baths
1.5
sq ft
1,434

24011 Jerome St, Oak Park, MI 48237

24011 Jerome St

Oak Park, MI 48237

  • Pending
Wow! This is the one you have been hoping for! Beautifully updated and ready for you, including gorgeous hardwood floors! This spacious home has an updated kitchen with granite counters, soft close cabinets and stainless appliances. The living room is a nice size, and has recessed lighting. Both bathrooms are updated, too! Newer roof. and the basement is beautifully finished. Really nice washer and dryer stay!

Details

Property type

Single Family Residence

Est. home value

$256,868

Lot size

6,098 sq ft

Price per sq ft

$199

Year built

1952

Annual property taxes

$5,633

Price History

02/20/2025
Realcomp

Realcomp #20250009495

Pending
$285,000
02/12/2025
Realcomp

Realcomp #20250009495

Listed
$285,000
+9.2%
07/21/2022
Realcomp

Realcomp #20221001895

Sold
$261,000
+53.53%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oak Park

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

$33,881
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$228,319
Cash to seller
$33,881

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

Seller’s Loan History

Lender

First Merchants Bank

Loan start date

July 2022

Original loan amount

$237,600

Est. remaining balance

$228,319

Interest rate

5.09%

Loan type

New Conventional, 30 year

Seller

Craig Martin

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?

Similar Homes Nearby

Price drop
Realcomp
$315,000
3 bd
|
1.5 ba
|
1,329 sq ft
|
House

14860 Borgman St, Oak Park, MI 48237

Realcomp
$259,900
3 bd
|
1 ba
|
1,456 sq ft
|
House

218 Kensington Ave, Ferndale, MI 48220

Price drop
Realcomp
$259,900
3 bd
|
1.5 ba
|
1,081 sq ft
|
House

12920 Oak Park Blvd, Oak Park, MI 48237

Status: Pending/Under Contract

Tomo last checked: 02/23/2025 at 11:15 AM

Listing updated: 02/20/2025 at 4:59 PM

Listed by: Leanne Smits, Leanne Smits, Real Estate One-Royal OakReal Estate One-Royal Oak Phone #: (248) 548-9100

MLS: Realcomp #20250009495

Realcomp logo

Recently listed in Oak Park

$225,000|3 bd|3.0 ba|House
$240,000|3 bd|2.0 ba|House
$290,000|3 bd|2.0 ba|House
$315,000|4 bd|2.5 ba|House
$259,000|3 bd|1.5 ba|House
$139,900|2 bd|1.0 ba|House
$159,900|2 bd|1.0 ba|House
$250,000|3 bd|2.5 ba|House
$244,999|3 bd|1.5 ba|House
$244,900|3 bd|1.5 ba|House