tomo logo

$199,900

Beds
1
Baths
1.0
sq ft
690

2987 Franklin St Unit 12, Detroit, MI 48207

2987 Franklin St Unit 12

Detroit, MI 48207

  • 262 days on market
Don't miss out on this incredible chance to acquire this UNFINISHED UNIT and put your own finishing touches can be purchased together with unit 3F MLS#20230088224 Embrace the vibrant city life as you'll be just moments away from Detroit's most beloved attractions, including the scenic Riverwalk, Mt. Elliot Park, Dequindre Cut, and an array of fantastic dining and entertainment options. This unit exudes modern elegance and luxury. Featuring a well-appointed bedroom with a spacious walk-in closet, a pristine full bathroom, and a fully equipped kitchen with a generous center island, this unit is designed for both comfort and entertainment. Enjoy the sleek, brand-new appliances that enhance the culinary experience. Safety and convenience are paramount, and this unit provides gated, secured parking to ensure peace of mind and hassle-free living. This newly constructed gem presents an unparalleled opportunity to experience the best of urban living in Detroit. Whether you're seeking a vibrant nightlife scene, outdoor adventures along the river, or delectable dining experiences, this location caters to all your desires. SOLD AS-IS BATVAI

Details

Property type

Condominium

Est. home value

$196,592

Lot size

Unknown

Price per sq ft

$290

Year built

1943

Annual property taxes

$3,133

Monthly HOA fee

$225

Price History

10/16/2023
Realcomp

Realcomp #20230088229

Listed
$199,900

Schools & Community

Neighborhood: 

Rivertown

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

On Your Fork Llc

Loan start date

July 2019

Original loan amount

$1,850,000

Est. remaining balance

Not provided

Interest rate

4.06%

Loan type

Stand Alone Second

Seller

Chemical Bank

Lender

On Your Fork Llc

Loan start date

July 2019

Original loan amount

$1,850,000

Est. remaining balance

Not provided

Interest rate

4.06%

Loan type

Stand Alone Second

Seller

Chemical Bank

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: 07/05/2024 at 12:20 AM

Listing updated: 03/01/2024 at 2:03 PM

Listed by: Matt O'Laughlin, Max Broock, REALTORS®-Detroit Phone #: (313) 324-8430

MLS: Realcomp #20230088229

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