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$136,748Estimated home value

Beds
3
Baths
1.0
sq ft
910

24373 Bolam Ave, Warren, MI 48089

24373 Bolam Ave

Warren, MI 48089

  • Sold On 8/8/2017
Opportunity is knocking for a very smart investor. This home has been fully updated, and rental certified with the city of Warren. Well qualified tenant will be placed on a 13 month lease for $850/mo., while property is professionally managed. Owner is a licensed Broker in the state of Michigan.

Details

Property type

Single Family Residence

Est. home value

$136,748

Lot size

5,663 sq ft

Price per sq ft

$66

Year built

1954

Annual property taxes

$1,568

Price History

11/14/2024
Realcomp

Realcomp #20240041322

Removed
$135,000
10/28/2024
Realcomp

Realcomp #20240041322

Price change
$135,000
-3.57%
06/12/2024
Realcomp

Realcomp #20240041322

Listed
$140,000
+112.12%

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

$10,854
Asking price
$60,000
Closing costs (~8% of asking)
-$4,800
Est. remaining loan balance
-$44,346
Cash to seller
$10,854

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

Seller’s Loan History

Lender

Chemical Bank

Loan start date

August 2017

Original loan amount

$52,000

Est. remaining balance

$44,346

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Daniel Pidutti

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?

Status: Off Market

Tomo last checked: 11/22/2024 at 9:00 AM

Listing updated: 08/30/2023 at 10:36 AM

Listed by: Jeanette C Lucy, GWH Properties LLC Phone #: (734) 744-5080

MLS: Realcomp #217004350

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