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$120,000

Beds
3
Baths
1.0
sq ft
1,140

287 Richter St, River Rouge, MI 48218

287 Richter St

RiverRougeCity_Wayne, MI 48218

  • Pending
P E N D I N G ** MOVE IN READY! This bright and airy home boasts an easy-flow floorplan, great natural sunlight and SO MUCH SPACE! 3 BEDROOMS with enough space in the upper level to easily convert a 4th & 5th bedroom. Stylishly updated in neutral colors with a modern kitchen and bathroom, topped off with a charming screened in porch. MUST SEE! NEW ROOF 2024 • Seller to provide full Certificate of Occupancy. HOME WARRANTY AVAILABLE. Stove + refrigerator included. Taxes are currently non-homestead. See tax worksheet in docs. BATVAI, Land Contract Terms: $30k down, $1090 monthly, 3 year term.

Details

Property type

Single Family Residence

Est. home value

$82,271

Lot size

3,049 sq ft

Price per sq ft

$106

Year built

1920

Annual property taxes

$2,921

HOA

No

Price History

03/26/2025
Realcomp

Realcomp #20250010164

Removed
$120,000
03/24/2025
Realcomp

Realcomp #20250010164

Pending
$120,000
02/15/2025
Realcomp

Realcomp #20250010164

Listed
$120,000
+1100%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

RiverRouge

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

Insiders Cash Llc

Loan start date

January 2015

Original loan amount

$43,400

Est. remaining balance

Not provided

Interest rate

3.97%

Loan type

Commercial

Seller

American Estate & Trust and Peter Lipphardt Ira

Lender

Insiders Cash Llc

Loan start date

January 2015

Original loan amount

$43,400

Est. remaining balance

Not provided

Interest rate

3.97%

Loan type

Commercial

Seller

American Estate & Trust and Peter Lipphardt Ira

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: 04/02/2025 at 5:00 PM

Listing updated: 03/25/2025 at 9:17 AM

Listed by: Hanoe Gibbons, KW Professionals Phone #: (734) 459-4700

MLS: Realcomp #20250010164

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