tomo logo

$134,900

Beds
3
Baths
1.0
sq ft
1,162

24940 Wilmot Ave, Eastpointe, MI 48021

24940 Wilmot Ave

Eastpointe, MI 48021

  • 18 days on market
3 Bedroom home. Currently tenant occupied. Tenant will be out by closing.

Details

Property type

Single Family Residence

Est. home value

$122,183

Lot size

4,792 sq ft

Price per sq ft

$117

Year built

1946

Annual property taxes

$2,974

Price History

06/19/2024
MiRealSource

MiRealSource #50145896

Listed
$134,900
+86.07%
10/08/2019
Realcomp

Realcomp #219084602

Sold
$72,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Eastpointe Community Schl

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

$86,201
Asking price
$134,900
Closing costs (~8% of asking)
-$10,792
Est. remaining loan balance
-$37,907
Cash to seller
$86,201

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

October 2019

Original loan amount

$58,000

Est. remaining balance

$37,907

Interest rate

3.03%

Loan type

Not Provided, 12 year

Seller

Henry Echelmeyer

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: 07/07/2024 at 3:40 PM

Listing updated: 06/19/2024 at 12:24 PM

Listed by: Robert B West, MCD Real Estate Division Inc Phone #: (586) 489-7917

MLS: MiRealSource #50145896

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