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$259,000

Beds
3
Baths
3.0
sq ft
1,128

3225 N Vermont Ave, Royal Oak, MI 48073

3225 N Vermont Ave

Royal Oak, MI 48073

  • 95 days on market
    • Price drop $10,000↓
Welcome to this charming brick bungalow in Royal Oak! Located on the beautiful avenue of N. Vermont. This location offers the restaurants, shopping and special events of Downtown Royal Oak. The home is just a quick walk to Royal Oak city parks. The property is centrally located that you may enjoy of the other surrounding walking towns of Ferndale, Clawson and Birmingham. The home offers 3 bedrooms and 3 full baths. The kitchen is well appointed with stunning granite countertops and plenty of cabinets and counter space. A private fenced in backyard, perfect for relaxing and outdoor entertaining and it includes a 2-car garage. All appliances will stay with the sale of the property. Roof was replaced in 2020. This home is a must see. Make this home the home of your dreams!

Details

Property type

Single Family Residence

Est. home value

$317,908

Lot size

5,227 sq ft

Price per sq ft

$230

Year built

1949

Annual property taxes

$4,008

Price History

12/20/2024
Realcomp

Realcomp #20240071050

Price change
$259,000
-3.72%
12/05/2024
Realcomp

Realcomp #20240071050

Price change
$269,000
-6.92%
11/08/2024
Realcomp

Realcomp #20240071050

Price change
$289,000
-3.34%

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

$116,799
Asking price
$259,000
Closing costs (~8% of asking)
-$20,720
Est. remaining loan balance
-$121,481
Cash to seller
$116,799

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2016

Original loan amount

$148,000

Est. remaining balance

$121,481

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Peter Feng

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: 12/25/2024 at 2:10 AM

Listing updated: 12/22/2024 at 3:15 PM

Listed by: James M Torre, Coldwell Banker Professionals Birm Phone #: (248) 644-6300

MLS: Realcomp #20240071050

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