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$329,900

Beds
3
Baths
1.5
sq ft
1,250

402 Waverley Ave, Royal Oak, MI 48067

402 Waverley Ave

Royal Oak, MI 48067

  • 72 days on market
    • Price drop $10,100↓
Beautiful craftsman style bungalow with so much potential! There is so much original character in the wood work and details in this home. Hardwoods were refinished in 2022. Home comes with all appliances including a new fridge and stove. Backyard fencing installed in the past 2 years as well as an an Enel JuiceBox 48 Amp car charger for an electric vehicle. The electrical box was updated in 2023 from 100 amps to 200 amps. The upstairs bedroom can be used as is but offers so many possibilities for expanding and renovating. Come check out this charming bungalow now!

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

$5,188

Price History

09/03/2024
Realcomp

Realcomp #20240048362

Price change
$329,900
-2.97%
07/23/2024
Realcomp

Realcomp #20240048362

Price change
$340,000
-2.86%
07/08/2024
Realcomp

Realcomp #20240048362

Listed
$350,000
+14.75%

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

$22,857
Asking price
$329,900
Closing costs (~8% of asking)
-$26,392
Est. remaining loan balance
-$280,651
Cash to seller
$22,857

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

$280,651

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?

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Status: Active

Tomo last checked: 09/19/2024 at 5:35 AM

Listing updated: 09/03/2024 at 10:11 AM

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

MLS: Realcomp #20240048362

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