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$420,000

Beds
2
Baths
1.0
sq ft
1,272

25690 W 14 Mile Rd, Bloomfield Hills, MI 48301

25690 W 14 Mile Rd

Bloomfield Twp, MI 48301

  • 193 days on market
Come and build your dream home here! This property is one square acre that is on 14 mile road. It is just down the street from the historic cider mill and walking distance to the quaint town of Franklin Vlg. Owner lives in home but feels it is a tear down structure.

Details

Property type

Single Family Residence

Est. home value

$388,704

Lot size

1.00 acres

Price per sq ft

$331

Year built

1935

Annual property taxes

$3,345

Price History

12/27/2023
Realcomp

Realcomp #20230105659

Listed
$420,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Bloomfield Hills

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

$259,805
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$126,595
Cash to seller
$259,805

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$130,000

Est. remaining balance

$126,595

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Lee Joseph Wilson

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 4:35 PM

Listing updated: 03/14/2024 at 9:13 AM

Listed by: Bill L Cahalan Jr, Howard Hanna Birmingham Phone #: (248) 283-8700

MLS: Realcomp #20230105659

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