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$310,000

Beds
3
Baths
2.0
sq ft
1,253

2632 Downey Dr, Troy, MI 48083

2632 Downey Dr

Troy, MI 48083

  • 6 days on market
Perfect 3 bedroom, 2 full bath ranch in Troy with finished basement and 2 car garage. The family room has a gas fireplace and French doors that go out to a paver brick patio and a private, fenced yard with a firepit. The basement is completely finished with a 2nd full bathroom, a large walk-in closet for off season clothing and plenty of other storage. The home adjoins a large, fenced in city lot. A little TLC will make this home yours!

Details

Property type

Single Family Residence

Est. home value

$292,649

Lot size

7,841 sq ft

Price per sq ft

$248

Year built

1970

Annual property taxes

$5,452

Price History

01/27/2025
Realcomp

Realcomp #20250005611

Price change
$310,000
+3.33%
01/26/2025
Realcomp

Realcomp #20250005611

Listed
$300,000
+13.21%
09/08/2021
Realcomp

Realcomp #2210055770

Sold
$265,000
+8.16%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$44,406
Asking price
$310,000
Closing costs (~8% of asking)
-$24,800
Est. remaining loan balance
-$240,794
Cash to seller
$44,406

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

September 2021

Original loan amount

$260,200

Est. remaining balance

$240,794

Interest rate

2.78%

Loan type

FHA, 30 year

Seller

Emmanuel Johnson

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: 02/02/2025 at 2:50 AM

Listing updated: 01/27/2025 at 6:10 PM

Listed by: Zack Lessner, New Michigan Realty Phone #: (810) 202-1200

MLS: Realcomp #20250005611

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