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$249,000

Beds
3
Baths
1.0
sq ft
1,200

2971 Fischer St, Detroit, MI 48214

2971 Fischer St

Detroit, MI 48214

  • 45 days on market
    • Price drop $20,000↓
A charming three-bedroom, one-bath bungalow located in the serene East Village neighborhood of Detroit awaits. This residence boasts an updated kitchen with an open concept design, a modernized bathroom, and hardwood flooring throughout. Additionally, it features a convenient parking pad. Situated adjacent to the Historic Indian Village neighborhood and a mere 3.5 miles from both Downtown Detroit and Belle Isle State Park, this property presents an ideal opportunity for a family or a first-time homebuyer.

Details

Property type

Single Family Residence

Est. home value

$196,780

Lot size

3,485 sq ft

Price per sq ft

$208

Year built

1914

Annual property taxes

$811

Price History

06/06/2024
Realcomp

Realcomp #20240034060

Price change
$249,000
-7.43%
05/18/2024
Realcomp

Realcomp #20240034060

Listed
$269,000
+72.44%
02/19/2021
Realcomp

Realcomp #2200077205

Sold
$156,000
+305.19%

Schools & Community

Neighborhood: 

Indian Village

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

Lake Michigan Cu

Loan start date

February 2021

Original loan amount

$148,200

Est. remaining balance

$136,959

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Frank Romo

Lender

Lake Michigan Cu

Loan start date

February 2021

Original loan amount

$148,200

Est. remaining balance

$136,959

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Frank Romo

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: 07/02/2024 at 7:20 PM

Listing updated: 06/06/2024 at 1:03 PM

Listed by: Gordon A Hawkins, Hawkins Realty Group, Inc Phone #: (313) 263-1668

MLS: Realcomp #20240034060

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