tomo logo

$249,000

Beds
3
Baths
1.5
sq ft
1,888

28961 Palomino Dr, Warren, MI 48093

28961 Palomino Dr

WarrenCity_Macomb, MI 48093

    • Price drop $10,000↓
BACK ON THE MARKET*Buyer Financing fell through* This charming 3-bedroom, 1.5-bath home is fully updated and perfect for modern living. Nestled on a large lot, it offers ample outdoor space for gardening, play, or entertaining. Inside, you'll find a spacious and stylishly finished basement that adds extra living or recreational space. With contemporary updates throughout, this home combines comfort and functionality, making it a perfect choice for any family.

Details

Property type

Single Family Residence

Est. home value

$205,766

Lot size

0.23 acres

Price per sq ft

$132

Year built

1948

Annual property taxes

$4,772

HOA

No

Price History

03/17/2025
Realcomp

Realcomp #20250003787

Listed
$249,000
+8.26%
08/28/2023
Realcomp

Realcomp #20230053959

Sold
$230,000
+128.86%
10/22/2015
Realcomp

Realcomp #215075528

Sold
$100,500
+109.38%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

WarrenWoods

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

$16,457
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$212,623
Cash to seller
$16,457

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

Seller’s Loan History

Lender

First Community Mortgage Inc

Loan start date

August 2023

Original loan amount

$216,200

Est. remaining balance

$212,623

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Nofisat Bello

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: 03/28/2025 at 10:35 PM

Listing updated: 03/25/2025 at 9:16 AM

Listed by: Mike Haidar, Keller Williams Legacy Phone #: (313) 752-0000

MLS: Realcomp #20250003787

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