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$269,900

Beds
3
Baths
1.0
sq ft
1,100

2866 Royal Ave, Berkley, MI 48072

2866 Royal Ave

Berkley, MI 48072

  • 120 days on market
    • Price drop $5,100↓
Price Improvement! Don't miss out on this charming bungalow in Berkley! Welcome to 2866 Royal Avenue! This inviting 3-bedroom, 1-bathroom bungalow features beautiful hardwood floors and a bright kitchen with tall ceilings and a skylight. Appliances included are the stove/oven, dishwasher, and dryer for your convenience. Enjoy one bedroom on the main floor and two upstairs for added privacy. The unfinished basement with epoxy floors offers great potential, while the spacious 3-car garage and lovely front porch enhance your outdoor living. Plus, you're just a short walk to downtown Berkley!

Details

Property type

Single Family Residence

Est. home value

$281,626

Lot size

6,534 sq ft

Price per sq ft

$246

Year built

1928

Annual property taxes

$5,160

Price History

02/10/2025
Realcomp

Realcomp #57050159376

Price change
$269,900
-1.85%
11/03/2024
Realcomp

Realcomp #57050159376

Listed
$275,000
10/27/2024
Realcomp

Realcomp #57050159376

Removed
$275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Berkley

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

$14,196
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$234,112
Cash to seller
$14,196

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 Research Center Llc

Loan start date

January 2022

Original loan amount

$250,000

Est. remaining balance

$234,112

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Brandon Sheets

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: 02/23/2025 at 10:10 AM

Listing updated: 02/10/2025 at 2:39 PM

Listed by: Melissa Wilson, Gerweck Real Estate in Monroe Phone #: (734) 243-4200

MLS: Realcomp #57050159376

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