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$300,000

Beds
3
Baths
2.0
sq ft
1,344

3250 Prairie Ave, Royal Oak, MI 48073

3250 Prairie Ave

Royal Oak, MI 48073

  • Pending
    • Price drop $20,000↓
Location-Curb Appeal-Great Open Space-Double Lot-You name it you have it here! Close to downtown Birmingham, Royal Oak, Berkley and quick commute to downtown Detroit! Cute and classy home! Large covered front porch with swing just like grandma's house used to have (but newer!). Newer windows, newer GFA and AC and Hot water tank. Washer and dryer stay along with newer laundry tub. Sump pump so peace of mind during the heavy rains! Ranch style living for ease of entertaining. Open concept with tons of light. Kitchen w/stainless steel appliances including dishwasher, gas range and newer refrigerator. Open to an eating area with island and cool booth for different seating arrangements. Hardwood floors in living room, kitchen, dining area and bedroom. Other two bedrooms have laminate and rubber floor for an exercise room. 2 newer full baths. The third bedroom/family room has a large sliding door that opens to a huge deck overlooking the rest of the 80 X 275 foot fenced lot. A Breezeway leads to a newer 2.5 car garage with high roof lines and electric garage door opener and a people door to the backyard. A separate 1.5 car garage houses the riding mower and has extra storage space. The Home is situated on the North side of the double lot. Great opportunity for builders!! Keep as one huge lot or divide into two separate properties. Come check it out for yourself! OPEN SUNDAY, AUGUST 18TH 12 -2. Stop on by for your viewing in person and The Chasteen Team will be there to answer your questions.

Details

Property type

Single Family Residence

Est. home value

$333,756

Lot size

0.51 acres

Price per sq ft

$224

Year built

1925

Annual property taxes

$5,768.29

Price History

09/14/2024
Realcomp

Realcomp #58050149613

Pending
$300,000
09/05/2024
Realcomp

Realcomp #58050149613

Price change
$300,000
-6.25%
08/05/2024
Realcomp

Realcomp #58050149613

Price change
$320,000
-5.85%

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

$158,739
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$117,261
Cash to seller
$158,739

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

September 2011

Original loan amount

$162,450

Est. remaining balance

$117,261

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Massimiliano Canevari and Kari E Canevari

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: 10/01/2024 at 7:05 AM

Listing updated: 09/14/2024 at 10:11 PM

Listed by: Patricia Chasteen, Sine & Monaghan LLC Phone #: (313) 884-7000

MLS: Realcomp #58050149613

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