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$305,000

Beds
3
Baths
2.0
sq ft
1,000

2952 N Alexander Ave, Royal Oak, MI 48073

2952 N Alexander Ave

Royal Oak, MI 48073

  • 13 days on market
Welcome to this delightful, updated bungalow in one of Royal Oak's most sought-after neighborhoods. This home offers 3 bedrooms, 2 full bathrooms, and a finished basement. The spacious living room boasts beautiful wood floors, while the updated kitchen features granite countertops, modern cabinets, and brand-new appliances. Enjoy new windows and exterior doors throughout, along with a freshly remodeled main floor bathroom. The finished basement is beautifully done providing extra living space as well as a full bathroom and new washer and dryer. Outside, you'll find a generous fenced yard complete with an above-ground pool.

Details

Property type

Single Family Residence

Est. home value

$328,624

Lot size

7,405 sq ft

Price per sq ft

$305

Year built

1950

Annual property taxes

$6,851

Price History

11/08/2024
Realcomp

Realcomp #58050160576

Listed
$305,000
+31.47%
04/17/2019
MiRealSource

MiRealSource #31361853

Sold
$232,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$73,401
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$207,199
Cash to seller
$73,401

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$226,595

Est. remaining balance

$207,199

Interest rate

2.84%

Loan type

FHA, 30 year

Seller

Kevin Smith and Ao Li

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: 11/21/2024 at 10:00 PM

Listing updated: 11/10/2024 at 3:15 PM

Listed by: Erika Gwyn, Keller Williams Realty Lakeside Phone #: (586) 532-0500

MLS: Realcomp #58050160576

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