tomo logo

$450,000

Beds
4
Baths
4.5
sq ft
3,000

3503 Townsend St, Detroit, MI 48214

3503 Townsend St

Detroit, MI 48214

  • 37 days on market
***BUYER MAY QUALIFY FOR UP TO $25,000 DOWN PAYMENT ASSISTANCE THROUGH LISTING AGENTS PREFERRED LENDER*** BEAUTIFULLY UPDATED HOME IN THE HISTORIC ISLANDVIEW NEIGHBORHOOD OF DETROIT WITH EXCELLENT LOCATION NEAR THE DETROIT RIVER, WEST VILLAGE, INDIAN VILLAGE, BELLE ISLE AND MINUTES FROM DOWNTOWN. THIS HOME HAS BEEN IMPECCABLY UPDATED THROUGHOUT ADDING MODERN AMENITIES TO A CLASSIC DETROIT HOME. THE UPGRADES ARE ENDLESS: MULTIPLE FIREPLACES, PRIVATE ENSUITE FOR EVERY BEDROOM, OFFICE SPACE, EXCEPTIONAL PRIMARY SUITE, SECOND STORY LAUNDRY, FENCED IN BACKYARD, FULL BASEMENT FOR AMPLE STORAGE… THIS HOME IS MODERNIZED AND READY FOR YOU TO ENJOY IN THIS REVITALIZED HISTORIC DETROIT NEIGHBORHOOD.

Details

Property type

Single Family Residence

Est. home value

$73,875

Lot size

3,049 sq ft

Price per sq ft

$150

Year built

1909

Annual property taxes

$809

Price History

11/14/2024
Realcomp

Realcomp #20240086170

Listed
$450,000
+800%
05/12/2023
Realcomp

Realcomp #20230016592

Sold
$50,000

Schools & Community

Neighborhood: 

Islandview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

F5 Capital Group

Loan start date

May 2023

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Purchase Money Mortgage, 0 year

Seller

1701 Lofty Ambitions Llc

Lender

F5 Capital Group

Loan start date

May 2023

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

6.42%

Loan type

Purchase Money Mortgage, 0 year

Seller

1701 Lofty Ambitions Llc

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 11:25 AM

Listing updated: 11/16/2024 at 3:18 PM

Listed by: Michael D Abt, Real Estate One-Troy Phone #: (248) 813-4900

MLS: Realcomp #20240086170

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