tomo logo

$109,900

Beds
4
Baths
3.0
sq ft
2,130

369 Newport St, Detroit, MI 48215

369 Newport St

Detroit, MI 48215

  • 145 days on market
    • Price drop $10,600↓
This charming large family home that was orginally a two family flat is conveniently situated within blocks of the Detroit River, near Downtown Detroit and the vibrant riverfront community just a stone’s throw away. The property offers a range of possibilities: Investment Opportunity: You can choose to live in one of the units while renting out the other. Let someone else contribute to your mortgage payments. Single Family Home: Alternatively, you have the option to use the entire home as a large single-family residence. Flexible Floor Plan: The current floor plan has been thoughtfully modified to function as a single-family home, but it can easily be converted back to a multi-unit layout—the decision is entirely yours. Key features of this property include: Two Spacious Units: Each unit provides ample living space.Hardwood Floors: Enjoy the timeless elegance of hardwood flooring.Abundant Windows: Natural light floods the interior, creating a warm and inviting atmosphere.Separate Furnaces: Ensuring comfort and control for each unit. Come see what this home has to offer.

Details

Property type

Single Family Residence

Est. home value

$151,484

Lot size

4,792 sq ft

Price per sq ft

$52

Year built

1925

Annual property taxes

$2,336

Price History

09/16/2024
Realcomp

Realcomp #20240045793

Price change
$109,900
-8.8%
08/22/2024
Realcomp

Realcomp #20240045793

Price change
$120,500
-7.24%
08/05/2024
Realcomp

Realcomp #20240045793

Listed
$129,900

Schools & Community

Neighborhood: 

Jefferson Chalmers

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

Commercial Lender Llc

Loan start date

September 2021

Original loan amount

$139,300

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Building or Construction Loan, 30 year

Seller

Ashanti Holding Llc

Lender

Commercial Lender Llc

Loan start date

September 2021

Original loan amount

$139,300

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Building or Construction Loan, 30 year

Seller

Ashanti Holding 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: 11/19/2024 at 8:20 PM

Listing updated: 09/16/2024 at 9:21 PM

Listed by: Darryl L Sanders, Treasure Homes, Inc Phone #: (248) 423-3700

MLS: Realcomp #20240045793

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