tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,098

3306 Ravena Ave, Royal Oak, MI 48073

3306 Ravena Ave

Royal Oak, MI 48073

  • Pending
    • Price drop $14,900↓
This beautiful neutral updated home is a must see! Newer: large picture window lets loads of light in. Newer: luxury vinyl flooring in Living /dining room, kitchen, upstairs bedroom. Kitchen wall removed giving a much more open feeling plus newer granite counter tops & Stainless Steel stove (2024), SS Refrigerator (2023), SS dishwasher, disposal (2023), Several newer blinds. Many rooms freshly painted. Updated bath offers curb-less shower. Re-painted deck with retractable awning off dining room for those summer BBQs. Deep fenced yard with firepit in back area. Venture upstairs to the 28 x 11 bedroom or two spacious bedrooms on the main floor. X-Large 1.5 car garage plus work area. Entertain or just relax in the lower finished level overlooking gas fireplace, gorgeous updated bath and storage room. Great location right between Royal Oak and Birmingham. All information and measurements approximate. Move right in and enjoy!

Details

Property type

Single Family Residence

Est. home value

$302,484

Lot size

6,098 sq ft

Price per sq ft

$296

Year built

1950

Annual property taxes

$4,213

Price History

07/01/2024
Realcomp

Realcomp #20240040575

Pending
$325,000
06/27/2024
Realcomp

Realcomp #20240040575

Price change
$325,000
-4.38%
06/10/2024
Realcomp

Realcomp #20240040575

Listed
$339,900
+36.01%

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

$68,346
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$230,654
Cash to seller
$68,346

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

Seller’s Loan History

Lender

Tjc Mortgage Inc

Loan start date

July 2022

Original loan amount

$237,405

Est. remaining balance

$230,654

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Timothy M Eis

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: 07/02/2024 at 6:50 PM

Listing updated: 07/01/2024 at 3:10 PM

Listed by: Cheryl Bill, Century 21 Row Phone #: (734) 464-7111

MLS: Realcomp #20240040575

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