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$230,000

Beds
3
Baths
1.0
sq ft
962

28817 Groveland St, Madison Heights, MI 48071

28817 Groveland St

Madison Heights, MI 48071

  • 36 days on market
Welcome to 28817 Groveland! This 3 bedroom, 1 bath, brick ranch features an open floor plan, stainless steel appliances, and newer HVAC. The maintenance free composite deck overlooks the fenced in yard - creating the perfect place to host summer BBQs! The 1.5 car detached garage provides extra storage. Conveniently located in close proximity to Down Town Royal Oak, shopping, restaurants, and I-75/I-696. Come see for yourself all that this wonderful home has to offer! **Agents please see remarks**

Details

Property type

Single Family Residence

Est. home value

$218,432

Lot size

4,792 sq ft

Price per sq ft

$240

Year built

1958

Annual property taxes

$4,610

Price History

05/29/2024
Realcomp

Realcomp #20240036785

Listed
$230,000
+9.52%
06/15/2022
Realcomp

Realcomp #2220034402

Sold
$210,000
+72.13%
06/10/2019
Realcomp

Realcomp #219040399

Sold
$122,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lamphere

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

$18,032
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$193,568
Cash to seller
$18,032

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

Seller’s Loan History

Lender

Kaye Financial Corp

Loan start date

June 2022

Original loan amount

$199,500

Est. remaining balance

$193,568

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Alexander Samson

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 11:15 PM

Listing updated: 05/31/2024 at 6:04 AM

Listed by: Jennifer Sakis, MITown Realty Phone #: (248) 696-6000

MLS: Realcomp #20240036785

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