tomo logo

$139,900

Beds
3
Baths
2.0
sq ft
986

24264 Cloverlawn St, Oak Park, MI 48237

24264 Cloverlawn St

Oak Park, MI 48237

  • 102 days on market
    • Price drop $25,100↓
Amazing opportunity on this 3 bedroom 2 bath Oak Park Bungalow! Spacious throughout. Large backyard. Full bathroom on the 2nd floor. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos found in this listing. Property must be on the market for 3 days before the Seller reviews any offers. This one will not last!!

Details

Property type

Single Family Residence

Est. home value

$181,006

Lot size

5,227 sq ft

Price per sq ft

$142

Year built

1949

Annual property taxes

$3,829

Price History

08/19/2024
Realcomp

Realcomp #20240038136

Price change
$139,900
-15.21%
08/07/2024
Realcomp

Realcomp #20240038136

Price change
$165,000
-7.56%
07/24/2024
Realcomp

Realcomp #20240038136

Pending
$178,500

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

$68,683
Asking price
$139,900
Closing costs (~8% of asking)
-$11,192
Est. remaining loan balance
-$60,025
Cash to seller
$68,683

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

Seller’s Loan History

Lender

Quantum Mortgage & Finance Co Llc

Loan start date

March 2004

Original loan amount

$117,232

Est. remaining balance

$60,025

Interest rate

5.66%

Loan type

FHA, 30 year

Seller

John Cantwell Jr and Sharnita M Williams

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

Realcomp
$124,000
3 bd
|
2 ba
|
1,084 sq ft
|
House

20186 Freeland St, Detroit, MI 48235

Realcomp
$129,900
3 bd
|
2 ba
|
1,843 sq ft
|
House

20166 Littlefield St, Detroit, MI 48235

New
Realcomp
$125,000
3 bd
|
1 ba
|
945 sq ft
|
House

28158 Fairfax St, Southfield, MI 48076

Status: Active

Tomo last checked: 09/13/2024 at 9:35 AM

Listing updated: 08/28/2024 at 9:59 AM

Listed by: Sam Hantosh, RE/MAX Team 2000 Phone #: (313) 561-0900

MLS: Realcomp #20240038136

Realcomp logo

Recently listed in Oak Park

$229,900|3 bd|2.0 ba|House
$249,500|3 bd|1.5 ba|House
$180,000|2 bd|1.0 ba|House
$215,000|3 bd|1.5 ba|House
$267,500|4 bd|2.5 ba|House
$149,000|2 bd|1.0 ba|House
$239,900|4 bd|1.5 ba|House
$295,000|4 bd|2.0 ba|House
$244,900|4 bd|2.5 ba|House