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$434,900

Beds
4
Baths
2.0
sq ft
2,662

3172 Parker Dr, Royal Oak, MI 48073

3172 Parker Dr

Royal Oak, MI 48073

  • Pending
Like hitting the lottery....This generously sized colonial home is arguably the best value in Royal Oak and will exceed expectations. Main floor features: an incredible kitchen with stainless steel appliances, recessed lighting, and an abundance of counter space. Large formal dining room and adjacent living room will handle the largest of gatherings with ease, with even an additional flex room should the need require it. If you still need your space there is also a quaint sitting area complete with built in bookshelves and period lighting which may become your favorite place in the house. Round off the 1st floor with an extremely nice bathroom featuring large soaking tub, marble counter and ceramic floor. That may sound like a lot, but there's more. Second floor features 4 good-sized bedrooms total, with a copious primary bedroom, and a very nice second full bath with large glass enclosed shower and a dual sink vanity. Not done yet.....Full unfinished basement has laundry area, workshop and plenty of storage too. Oversized two car garage, with door opener, sits in a surprisingly private rear yard that is completely fenced. Immediate possession, all appliances are included, and truly home business friendly! Some recent improvements include freshly painted interiors, updated lighting and flooring. Plus many mechanical updates including HVAC, roof, concrete, 200 AMP electric panel. Very clean home and close to Beaumont Hospital, downtown Berkley and all that Royal Oak has to offer, come see for yourself.

Details

Property type

Single Family Residence

Est. home value

$483,300

Lot size

7,405 sq ft

Price per sq ft

$164

Year built

1915

Annual property taxes

$6,970

Price History

11/12/2024
Realcomp

Realcomp #20240079183

Pending
$434,900
10/18/2024
Realcomp

Realcomp #20240079183

Listed
$434,900
-0.02%
09/21/2024
Realcomp

Realcomp #20240033644

Removed
$435,000

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

$136,870
Asking price
$434,900
Closing costs (~8% of asking)
-$34,792
Est. remaining loan balance
-$263,238
Cash to seller
$136,870

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

January 2022

Original loan amount

$280,000

Est. remaining balance

$263,238

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

John F Madison

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: Pending/Under Contract

Tomo last checked: 11/15/2024 at 3:25 AM

Listing updated: 11/12/2024 at 10:20 PM

Listed by: Jeffrey J Kass, RE/MAX Classic Phone #: (248) 646-5000

MLS: Realcomp #20240079183

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