tomo logo

$238,800

Beds
4
Baths
1.5
sq ft
1,828

402 Marlborough St, Detroit, MI 48215

402 Marlborough St

Detroit, MI 48215

  • 62 days on market
    • Price drop $100↓
This beautiful colonial home located in the Chalmers/East Jefferson subdivision is walking distance to the Detroit River and has been renovated from top to bottom! Let’s start with the improvements to the exterior. This home features a new roof, new composite siding, new windows that have been beautifully trimmed out, a front porch that is covered with a stunning slate tile with beautiful railing, and an entry door that makes an impressive statement. The yard is enclosed with fencing and features a cement deck porch off the bonus room. The lot next door is owned by the land bank and can be purchased by the new owner. The interior of this home features new electrical box, new plumbing, new furnace, and new lighting fixtures throughout, and LED recessed lighting in living room and LED chandelier and ceiling lights. The wood floors have been refinished and the house has been painted throughout and new carpet in the bedrooms. This home also has all new interior doors and trim has been replaced with craftsmen style wood trim. The kitchen has been replaced with soft-close cabinets, ceramic flooring, and granite counter tops. The bathrooms have also been updated with new vanities, toilets, and bathtub that features surround tile. The main floor features a large living room with a natural fireplace and is joined by a bonus room that leads to a nice porch that has room for seating. The seller is offering a FREE home warranty and a $3000 appliance or landscape budget with a full price offer. Home is being sold as-is, but the owner is in the process of adding a security screen to the back door. BATVAI.

Details

Property type

Single Family Residence

Est. home value

$88,939

Lot size

4,792 sq ft

Price per sq ft

$131

Year built

1925

Annual property taxes

$2,590

Price History

06/14/2024
Realcomp

Realcomp #20240028794

Price change
$238,800
-0.04%
06/10/2024
Realcomp

Realcomp #20240028794

Price change
$238,900
-2.49%
05/01/2024
Realcomp

Realcomp #20240011997

Removed
$245,000
+2.51%

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

Kiavi Funding Inc

Loan start date

September 2023

Original loan amount

$134,200

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Commercial

Seller

Property Rush Llc

Lender

Kiavi Funding Inc

Loan start date

September 2023

Original loan amount

$134,200

Est. remaining balance

Not provided

Interest rate

6.96%

Loan type

Commercial

Seller

Property Rush 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: 07/02/2024 at 7:20 PM

Listing updated: 06/14/2024 at 1:23 PM

Listed by: Timothy Cook, Skyline Realty Group, LLC Phone #: (248) 513-8001

MLS: Realcomp #20240028794

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