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$175,000

Beds
2
Baths
2.0
sq ft
1,028

27113 Brush St, Madison Heights, MI 48071

27113 Brush St

Madison Heights, MI 48071

  • Pending
Set Back to Stand Out! Unlike its neighbors, this unique ranch sits at the back of its lot offering more privacy and security. This home has two bedrooms and two bathrooms as well as an updated kitchen. At this price point, you won't find another home like it in Madison Heights. The surrounding area also offers quite a bit. It's only a five minute drive straight down 11 Mile to downtown Royal Oak, or you can walk around the corner to Cadillac Straits Brewing for a beer or the famous Telway for a burger and fries. The house is close to freeways and major roads for an easy commute to work. If you work at home, you can set up your office in the spacious mud room at the back of the house. The large front yard provides tons of space to host family and friends, and they'll have plenty of space to park on the long driveway and parking pad. 27113 Brush is also a great opportunity for investors looking for a rental property. Rents in the area support great cash flow at this price point.

Details

Property type

Single Family Residence

Est. home value

$157,711

Lot size

5,227 sq ft

Price per sq ft

$171

Year built

1925

Annual property taxes

$4,144

Price History

09/13/2024
Realcomp

Realcomp #20240055145

Pending
$175,000
07/29/2024
Realcomp

Realcomp #20240055145

Listed
$175,000
+40%
04/06/2022
Realcomp

Realcomp #2220012149

Sold
$125,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Madison (Madison Hts.)

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

$65,438
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$95,562
Cash to seller
$65,438

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

April 2022

Original loan amount

$100,000

Est. remaining balance

$95,562

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Andrew Zimmer and Chaney Harthaway

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: Pending/Under Contract

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

Listing updated: 09/13/2024 at 4:41 PM

Listed by: Austin Bateman, Max Broock, REALTORS-Royal Oak Phone #: (248) 548-9100

MLS: Realcomp #20240055145

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