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$235,000

Beds
2
Baths
1.0
sq ft
690

3478 Ellwood Ave, Berkley, MI 48072

3478 Ellwood Ave

BerkleyCity_Oakland, MI 48072

    • Price drop $30,000↓
Charming 2 bedroom and 1 bathroom home in Berkley just minutes from downtown! Great covered deck overlooking a huge fenced in backyard. Home is sold As Is. Price has been reduced because sewer line needs to be replaced.

Details

Property type

Single Family Residence

Est. home value

$222,771

Lot size

5,663 sq ft

Price per sq ft

$341

Year built

1950

Annual property taxes

$4,836

HOA

No

Price History

03/28/2025
Realcomp

Realcomp #20250001754

Price change
$235,000
-11.32%
01/24/2025
Realcomp

Realcomp #20250001754

Listed
$265,000
+15.72%
07/31/2023
Realcomp

Realcomp #20230054574

Sold
$229,000
+127.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Berkley

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

$49,324
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$166,876
Cash to seller
$49,324

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

July 2023

Original loan amount

$170,000

Est. remaining balance

$166,876

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Mary Smith

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: 04/03/2025 at 4:15 AM

Listing updated: 03/29/2025 at 2:26 PM

Listed by: Lisa Virkus, Edge Realty, LLC Phone #: (248) 945-1200

MLS: Realcomp #20250001754

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