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$499,900

Beds
3
Baths
2.0
sq ft
1,588

311 Ellen Ave, Royal Oak, MI 48073

311 Ellen Ave

Royal Oak, MI 48073

  • 22 days on market
Beautiful Bungalow on a double lot, with open kitchen, breakfast nook and eat at island opens to family room with wood burning Fireplace, and Formal Dining. Hardwood floors thru out. Upstairs provides ample storage and comfort with extra space in the walk-in hallway closet and a updated full bathroom with dual vanity his and her sink. Newer Driveway and Backyard Patio.

Details

Property type

Single Family Residence

Est. home value

$480,247

Lot size

0.30 acres

Price per sq ft

$315

Year built

1937

Annual property taxes

$8,157

Price History

01/29/2025
Realcomp

Realcomp #20250002416

Listed
$499,900
01/29/2025
Realcomp

Realcomp #20250002416

Pending
$499,900
01/18/2025
Realcomp

Realcomp #20250002416

Listed
$499,900

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

$51,318
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$408,590
Cash to seller
$51,318

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2022

Original loan amount

$422,750

Est. remaining balance

$408,590

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Gary J Basile and Sarah E Basile

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: 02/02/2025 at 7:35 AM

Listing updated: 01/29/2025 at 2:19 PM

Listed by: Anthony Djon, Anthony Djon Luxury Real Estate Phone #: (248) 747-4834

MLS: Realcomp #20250002416

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