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$244,800

Beds
3
Baths
1.0
sq ft
1,014

3307 Gerald Ave, Rochester Hills, MI 48307

3307 Gerald Ave

Rochester Hills, MI 48307

  • 62 days on market
    • Price drop $10,000↓
*Motivated seller* Welcome Home to this renovated ranch home in highly desirable Rochester neighborhood! close to m59 hall rd. New Roof. Brand New Flooring. All New Stainless-Steel Appliances, Granite Countertop. nice and specious Bathroom, new Lightings. Great Big Yard for all your activities and shed that can take additional storage! BATVAI, request showings using showing time, Immediate Occupancy Available.

Details

Property type

Single Family Residence

Est. home value

$223,700

Lot size

8,276 sq ft

Price per sq ft

$242

Year built

1978

Annual property taxes

$2,794

Price History

12/08/2024
Realcomp

Realcomp #20240079394

Price change
$244,800
-3.92%
12/02/2024
Realcomp

Realcomp #20240079394

Price change
$254,800
-0.04%
11/06/2024
Realcomp

Realcomp #20240079394

Price change
$254,900
-3.78%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rochester

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

$13,896
Asking price
$244,800
Closing costs (~8% of asking)
-$19,584
Est. remaining loan balance
-$211,320
Cash to seller
$13,896

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

Seller’s Loan History

Lender

Michigan Mutual Inc

Loan start date

January 2023

Original loan amount

$216,015

Est. remaining balance

$211,320

Interest rate

6.33%

Loan type

FHA, 30 year

Seller

Huda Allen and Ann Allen

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: 12/22/2024 at 5:55 AM

Listing updated: 12/08/2024 at 2:45 PM

Listed by: Ghazwan Al-dod, Showtime Realty Phone #: (586) 262-4775

MLS: Realcomp #20240079394

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