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$329,000

Beds
3
Baths
1.5
sq ft
1,250

402 Waverley Ave, Royal Oak, MI 48067

402 Waverley Ave

Royal Oak, MI 48067

  • 4 days on market
    • Open house Feb 02
Welcome to this beautiful 1921 craftsman bungalow walking distance to downtown Royal Oak and surrounding schools. The kitchen has been completely remodeled with new quartz countertops, cabinets, flooring, windows, and all new Samsung appliances. The living room and dining room have been repainted. The floors are all beautiful original hardwood, resurfaced in 2022. New Samsung washer and dryer installed in 2023. All main floor light fixtures were replaced and updated in 2022. A 60A EV charger with upgraded electrical box installed in 2023. New vinyl fence surrounds yard to keep any pets in. Bungalow is ready to be used as a bedroom with finished wood floors and central air/heat. Basement is large and unfinished with available connections for water/bathroom in the future.

Details

Property type

Single Family Residence

Est. home value

$326,120

Lot size

6,098 sq ft

Price per sq ft

$264

Year built

1921

Annual property taxes

$5,359

Price History

01/28/2025
Realcomp

Realcomp #20250006012

Listed
$329,000
+2.84%
12/05/2024
Realcomp

Realcomp #20240048362

Removed
$319,900
09/23/2024
Realcomp

Realcomp #20240048362

Price change
$319,900
-3.03%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$23,900
Asking price
$329,000
Closing costs (~8% of asking)
-$26,320
Est. remaining loan balance
-$278,780
Cash to seller
$23,900

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

June 2022

Original loan amount

$289,750

Est. remaining balance

$278,780

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Christian Bonzheim

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?

Status: Active

Tomo last checked: 02/02/2025 at 2:45 AM

Listing updated: 02/01/2025 at 1:14 PM

Listed by: Mallory R Ratliff, Berkshire Hathaway HomeServices Michigan Real Est Phone #: (248) 625-5700

MLS: Realcomp #20250006012

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