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$170,000

Beds
2
Baths
1.0
sq ft
696

27425 Osmun St, Madison Heights, MI 48071

27425 Osmun St

Madison Heights, MI 48071

  • 5 days on market
**OPEN HOUSE SUNDAY, FEBRUARY 2ND, FROM 1PM-3PM** Welcome to this charming ranch-style home in Madison Heights! Featuring 2 bedrooms and 1 bathroom, this home offers the perfect blend of comfort and modern updates. Hardwood floors flow throughout the space, creating a warm and inviting atmosphere. The updated kitchen boasts sleek new stainless steel appliances. Step outside to a private backyard, complete with a privacy fence and a detached 1.5-car garage. Enjoy peace of mind with a new A/C and furnace installed in 2022. Conveniently located near parks and schools.

Details

Property type

Single Family Residence

Est. home value

$162,015

Lot size

5,227 sq ft

Price per sq ft

$245

Year built

1954

Annual property taxes

$2,408

Price History

01/27/2025
MiRealSource

MiRealSource #50165338

Listed
$170,000
+11.84%
10/11/2022
Realcomp

Realcomp #20221036959

Sold
$152,000
+60%
06/21/2019
Realcomp

Realcomp #219045723

Sold
$95,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Madison Public Schools (Oakland)

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

$23,855
Asking price
$170,000
Closing costs (~8% of asking)
-$13,600
Est. remaining loan balance
-$132,545
Cash to seller
$23,855

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 1 Inc

Loan start date

October 2022

Original loan amount

$136,800

Est. remaining balance

$132,545

Interest rate

5.55%

Loan type

New Conventional, 30 year

Seller

Victoria Steele

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 3:00 AM

Listing updated: 01/29/2025 at 2:20 AM

Listed by: Shelby Sylvester, Realteam Real Estate Phone #: (586) 580-8092

MLS: MiRealSource #50165338

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