tomo logo

$179,900

Beds
3
Baths
1.0
sq ft
936

26565 Brush St, Madison Heights, MI 48071

26565 Brush St

Madison Heights, MI 48071

  • 16 days on market
    • Price drop $10,000↓
Updated 3b ranch home near historical downtown Madison Heights. Neutral paint throughout, newer cabinets and granite top, and tiled backsplash. Tiled living room, luxury vinyl planks in all bedrooms. Large garage is splitted into parking and workshop areas. Close to freeways, shopping, park, and downtown Royal Oak. Fully fenced yard. Comes with stove, fridge, washer & dryer. Taxes are non-homestead and could be lower for owner occupant buyer. Would be a great income producing property as well.

Details

Property type

Single Family Residence

Est. home value

$167,134

Lot size

6,970 sq ft

Price per sq ft

$193

Year built

1955

Annual property taxes

$3,972

Price History

09/16/2024
Realcomp

Realcomp #81024046031

Price change
$179,900
-5.27%
09/02/2024
Realcomp

Realcomp #81024046031

Listed
$189,900
+47.21%
05/10/2021
Realcomp

Realcomp #58050032133

Sold
$129,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Madison (Adrian)

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

$75,637
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$89,871
Cash to seller
$75,637

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

May 2021

Original loan amount

$96,750

Est. remaining balance

$89,871

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Raymond K Chan and Suk Ki Chan

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?

Similar Homes Nearby

Realcomp
$175,000
3 bd
|
1 ba
|
960 sq ft
|
House

654 W Garfield Ave, Hazel Park, MI 48030

Price drop
Realcomp
$204,000
3 bd
|
1 ba
|
914 sq ft
|
House

2245 Shevlin St, Ferndale, MI 48220

Price drop
Realcomp
$190,000
3 bd
|
1 ba
|
941 sq ft
|
House

826 E 10 Mile Rd, Ferndale, MI 48220

Status: Active

Tomo last checked: 09/19/2024 at 4:55 AM

Listing updated: 09/16/2024 at 12:41 PM

Listed by: Chen Zhou, Phone #: (248) 716-5899

MLS: Realcomp #81024046031

Realcomp logo

Recently listed in Madison Heights