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$460,000

Beds
4
Baths
2.0
sq ft
2,662

3172 Parker Dr, Royal Oak, MI 48073

3172 Parker Dr

Royal Oak, MI 48073

  • 49 days on market
    • Price drop $15,000↓
This captivating colonial home offers a blend of classic charm and modern comforts. The spacious layout encompasses four bedrooms, providing ample space for everyone to relax and unwind. Additionally, the first floor features a versatile library/office, ideal for remote work or quiet study. This 4 bedroom 2 bath colonial is what you have been looking for! It has many updates which include fully remodeled kitchen, upgraded bathrooms , hardwood floors throughout , updated electrical from 100 to 200 amp service, new garage door, newer AC (2021), Newer Roof (2021) and so much more!! Location is everything, and this property excels in that regard. Situated close to Woodward Ave, you'll have easy access to the vibrant Royal Oak community, renowned for its dining, shopping, and entertainment options. Whether you're seeking a night out on the town or a peaceful stroll in the park, you'll find it all within reach. Don't miss out on this extraordinary opportunity to call 3172 Parker DR, Royal Oak your home. Very Motivated Sellers- Bring all offers.

Details

Property type

Single Family Residence

Est. home value

$483,300

Lot size

7,405 sq ft

Price per sq ft

$173

Year built

1915

Annual property taxes

$6,381

Price History

06/24/2024
Realcomp

Realcomp #20240033644

Price change
$460,000
-3.16%
06/02/2024
Realcomp

Realcomp #20240033644

Price change
$475,000
-3.06%
05/16/2024
Realcomp

Realcomp #20240033644

Listed
$490,000
+28.95%

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

$157,404
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$265,796
Cash to seller
$157,404

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

$265,796

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: Active

Tomo last checked: 07/04/2024 at 11:50 PM

Listing updated: 06/24/2024 at 10:14 AM

Listed by: Heather McDiarmid, National Realty Centers, Inc Phone #: (248) 468-1444

MLS: Realcomp #20240033644

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