tomo logo

$175,000

Beds
3
Baths
1.0
sq ft
1,066

27355 Lorenz St, Madison Heights, MI 48071

27355 Lorenz St

Madison Heights, MI 48071

  • 7 days on market
This updated ranch has everything you need- Just a couple of miles from downtown Royal Oak and easy access to shopping, restaurants and freeways, but nestled on a quiet neighborhood street. Updates include new hot water heater (2019); new AC, furnace and updated electrical (2020); new gutters (2021); 17 inches of extra insulation added (2022); new fridge (2023); new outdoor spigot and new carpet (2024). This beauty is completely move in ready for you to call home!

Details

Property type

Single Family Residence

Est. home value

$194,236

Lot size

5,663 sq ft

Price per sq ft

$165

Year built

1971

Annual property taxes

$2,960

Price History

06/27/2024
Realcomp

Realcomp #20240045925

Listed
$175,000
+42.28%
06/20/2019
Realcomp

Realcomp #219042812

Sold
$123,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Madison (Madison Hts.)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United Wholesale Mortgage

Loan start date

August 2020

Original loan amount

$96,000

Est. remaining balance

$74,395

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

David Roman

Lender

Ross Mortgage Corp

Loan start date

June 2019

Original loan amount

$98,400

Est. remaining balance

$89,200

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

David Roman

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: 07/01/2024 at 3:54 PM

Listed by: Christina Podzikowski, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240045925

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