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$95,000

Beds
5
Baths
2.5
sq ft
1,877

2961 Taylor St, Detroit, MI 48206

2961 Taylor St

Detroit, MI 48206

  • 85 days on market
    • Price drop $4,900↓
Investor’s Dream or DIY Homeowner’s Delight! This spacious 5-bed, 2.5-bath home is ready for your finishing touches. With a brand-new roof, updated plumbing, and electrical systems already completed, the heavy lifting is done. Located just steps outside the historic Boston-Edison neighborhood, this property offers endless potential in a prime location. Don’t miss this opportunity! "Property subject to landbank interest".

Details

Property type

Single Family Residence

Est. home value

$136,627

Lot size

3,920 sq ft

Price per sq ft

$51

Year built

1922

Annual property taxes

$2

Price History

11/17/2024
Realcomp

Realcomp #20240063326

Price change
$95,000
-4.9%
10/16/2024
Realcomp

Realcomp #20240063326

Price change
$99,900
-9.1%
09/27/2024
Realcomp

Realcomp #20240063326

Price change
$109,900
-4.35%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

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

Kiavi Funding Inc

Loan start date

August 2023

Original loan amount

$95,000

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Stand Alone Second

Seller

Loft Luxe Llc

Lender

Kiavi Funding Inc

Loan start date

August 2023

Original loan amount

$95,000

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Stand Alone Second

Seller

Loft Luxe Llc

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: 11/19/2024 at 6:45 PM

Listing updated: 11/17/2024 at 9:20 AM

Listed by: Demetrius Scott, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240063326

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