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$165,000

Beds
3
Baths
1.0
sq ft
1,092

3461 Michael Ave, Warren, MI 48091

3461 Michael Ave

Warren, MI 48091

  • 60 days on market
    • Price drop $4,900↓
Very desirable place in the city of Warren, located at RYAN AND NINE MILE RD. Completely renovated 3 bedrooms, dining room, 1 bathroom ranch house with new and beautifully renovated kitchen . Hardwood floors and new ceramic tile in bathroom. HOUSE INCLUDED Free-Standing Gas Oven, Free-Standing Refrigerator .(Stainless Steel) and Washer/Dryer Stacked .

Details

Property type

Single Family Residence

Est. home value

$147,781

Lot size

7,405 sq ft

Price per sq ft

$152

Year built

1955

Annual property taxes

$2,625

Price History

10/07/2024
Realcomp

Realcomp #20240066577

Price change
$165,000
-2.88%
09/05/2024
Realcomp

Realcomp #20240066577

Listed
$169,900
+21.36%
08/08/2024
Realcomp

Realcomp #20240052921

Sold
$140,000
-11.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fitzgerald

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

$34,325
Asking price
$165,000
Closing costs (~8% of asking)
-$13,200
Est. remaining loan balance
-$117,475
Cash to seller
$34,325

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$119,790

Est. remaining balance

$117,475

Interest rate

6.13%

Loan type

FHA, 30 year

Seller

Ervin Bristol

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: 11/05/2024 at 6:40 AM

Listing updated: 10/20/2024 at 2:45 PM

Listed by: Mohammed K Uddin, Home Pride Realty Phone #: (313) 826-7029

MLS: Realcomp #20240066577

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