tomo logo

$278,500

Beds
4
Baths
2.5
sq ft
2,055

25124 Lorraine Ave, Warren, MI 48089

25124 Lorraine Ave

Warren, MI 48089

  • 13 days on market
Great colonial featuring vinyl flooring throughout, kitchen with granite counters and updated lighting. Family room with natural fireplace. First floor laundry. Finished basement. 2 car attached garage. Newer furnace (1 yr). Fenced yard with patio for entertaining.

Details

Property type

Single Family Residence

Est. home value

$237,390

Lot size

0.33 acres

Price per sq ft

$136

Year built

1960

Annual property taxes

$3,620.43

Price History

06/21/2024
Realcomp

Realcomp #58050146149

Listed
$278,500
+132.08%
10/09/2013
Realcomp

Realcomp #58031158597

Sold
$120,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Center Line

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

$163,572
Asking price
$278,500
Closing costs (~8% of asking)
-$22,280
Est. remaining loan balance
-$92,648
Cash to seller
$163,572

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

Seller’s Loan History

Lender

Gold Star Mortgage Financial Group Corp

Loan start date

October 2013

Original loan amount

$117,826

Est. remaining balance

$92,648

Interest rate

4.58%

Loan type

FHA, 30 year

Seller

Antionette Pride

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: 07/04/2024 at 11:55 PM

Listing updated: 06/21/2024 at 12:04 PM

Listed by: Maria McGuire, RE/MAX Advisors Phone #: (586) 725-1900

MLS: Realcomp #58050146149

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