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$229,900

Beds
3
Baths
1.0
sq ft
1,157

25007 Palomino Ave, Warren, MI 48089

25007 Palomino Ave

Warren, MI 48089

  • 21 days on market
    • Price drop $10,000↓
Check out this fantastic 1200+ sq ft brick ranch, w/ a 240 sq ft 3-season room. This home features 3 bed, 1 full bath and a 2.5 detached garage. When entering this home, step right into the living room which leads to kitchen w/ eat-in space that opens to the Family Room w/ natural fireplace. This home also features a 3-season room, finished basement, and plenty of storage space. Hardwood floors in living room, and bedrooms. Property sits on a large corner lot in Cul-De-Sac w/ fenced-in backyard. In addition to the 2.5 car garage, there is also a shed! 220 plug in garage. . Check this one out before it is gone. House is registered as a rental property as of now. After changing it to primary category property tax will go down.

Details

Property type

Single Family Residence

Est. home value

$231,438

Lot size

8,712 sq ft

Price per sq ft

$199

Year built

1961

Annual property taxes

$5,630

Price History

09/07/2024
Realcomp

Realcomp #20240063685

Price change
$229,900
-4.17%
08/27/2024
Realcomp

Realcomp #20240063685

Listed
$239,900
+31.81%
05/28/2021
MiRealSource

MiRealSource #50039232

Sold
$182,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Van Dyke

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

$79,650
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$131,858
Cash to seller
$79,650

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

May 2021

Original loan amount

$141,600

Est. remaining balance

$131,858

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Emran Khan and Shakira Akiher

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: 09/17/2024 at 8:45 PM

Listing updated: 09/07/2024 at 1:51 AM

Listed by: Afser Hussain, Amin Realty Phone #: (833) 264-6832

MLS: Realcomp #20240063685

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