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$175,000

Beds
2
Baths
2.5
sq ft
1,487

25056 Woodvale Dr S, Southfield, MI 48034

25056 Woodvale Dr S

Southfield, MI 48034

  • 45 days on market
    • Price drop $5,000↓
Southfield Living at Its Finest! Discover this charming condo nestled in a private, serene community just off 12 Mile Road. This home offers 2 spacious bedrooms, 2.5 baths, and two inviting patios, ideal for relaxing and enjoying your surroundings. The community pool, just steps away, makes this the perfect setting for your next staycation. While this home does need some updating, it’s priced with that in mind, giving you the opportunity to customize it to your taste while building equity. Imagine the possibilities as you transform this space into your dream home. Please note, this property is currently in the probate process with the letters of authority issued. Kindly allow ample time for court approval of your offer. Don’t miss out on this rare opportunity to make this condo your own in one of Southfield’s most desirable communities!

Details

Property type

Condominium

Est. home value

$180,206

Lot size

Unknown

Price per sq ft

$118

Year built

1976

Annual property taxes

$5,679

Monthly HOA fee

$400

Price History

10/16/2024
Realcomp

Realcomp #20240071089

Price change
$175,000
-2.78%
10/16/2024
Realcomp

Realcomp #20240071089

Listed
$180,000
09/26/2024
Realcomp

Realcomp #20240071089

Pending
$180,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public 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

$21,086
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$139,914
Cash to seller
$21,086

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

November 2023

Original loan amount

$141,300

Est. remaining balance

$139,914

Interest rate

7.18%

Loan type

New Conventional, 30 year

Seller

Marietta Benjamin Pickett

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: Active

Tomo last checked: 11/05/2024 at 1:40 AM

Listing updated: 10/16/2024 at 12:50 PM

Listed by: Richard L Sparks, Keller Williams Paint Creek Phone #: (248) 609-8000

MLS: Realcomp #20240071089

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