tomo logo

$206,000

Beds
3
Baths
2.0
sq ft
1,000

28 E Chicago Ave, Pontiac, MI 48340

28 E Chicago Ave

Pontiac, MI 48340

  • 17 days on market
**OPEN HOUSE** SATURDAY 11/16/2024 1-3 pm. You've found a gem! This 3 possibly 4-bedroom house offers a wonderful blend of style, comfort, and practicality. Here are some highlights: Refinished hardwood flooring in the living room and bedrooms adds a touch of classic elegance. Ceramic flooring in the kitchen, baths, and hall provides durability and easy maintenance. A newer granite kitchen with stainless steel appliances combines luxury and functionality. The wide hallway with built-in storage is a unique feature that maximizes space. A spacious, clean basement with a full bath and possible bedroom offers plenty of potential for extra living space or storage. Vinyl windows and a newer roof ensure energy efficiency and less maintenance. The large double lot with an extra driveway is perfect for extra parking or future projects. The spacious 2.5-car garage is great for parking and storage. Plus, its location is a huge advantage, being just seconds away from the Great Lakes Mall and major highways, making commutes and shopping trips a breeze. BATVAI, licensed agent must be present at all showings. No exceptions.

Details

Property type

Single Family Residence

Est. home value

$152,048

Lot size

0.27 acres

Price per sq ft

$206

Year built

1956

Annual property taxes

$2,204

Price History

11/05/2024
Realcomp

Realcomp #20240083396

Listed
$206,000
+8.42%
04/03/2024
Realcomp

Realcomp #81024015066

Removed
$190,000
03/30/2024
Realcomp

Realcomp #81024015066

Listed
$190,000
+46.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Pontiac

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

$73,464
Asking price
$206,000
Closing costs (~8% of asking)
-$16,480
Est. remaining loan balance
-$116,056
Cash to seller
$73,464

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

May 2021

Original loan amount

$125,130

Est. remaining balance

$116,056

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Omar Vaughn

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: 11/22/2024 at 11:30 PM

Listing updated: 11/16/2024 at 3:18 PM

Listed by: Norbert Burrows, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240083396

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