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$399,900

Beds
3
Baths
1.5
sq ft
1,252

403 Jeffrey Ave, Royal Oak, MI 48073

403 Jeffrey Ave

Royal Oak, MI 48073

  • Pending
This beautifully updated 3-bedroom, 1.5-bathroom brick ranch, featuring a 2-car detached garage, is ready for immediate occupancy! Located on a corner lot, this classic home boasts modern upgrades while maintaining its timeless charm. Step inside to discover a brand-new kitchen with stylish cabinets, sleek countertops, updated flooring, and stainless steel appliances—perfect for the home chef! The main bathroom has been fully renovated with elegant new fixtures and gorgeous tile work, and the restored hardwood floors shine with their original beauty. The cozy finished basement provides extra living space, offering endless possibilities for a home office, playroom, or additional entertaining area. And don't miss the spacious family room addition, which opens to a private brick paver patio, ideal for hosting gatherings or simply relaxing outdoors. Conveniently located in the heart of Metro Detroit, this home offers quick access to shopping, dining, and major highways, making it the perfect blend of comfort and accessibility.

Details

Property type

Single Family Residence

Est. home value

$370,668

Lot size

6,098 sq ft

Price per sq ft

$320

Year built

1953

Annual property taxes

$4,994

Price History

11/15/2024
Realcomp

Realcomp #20240080164

Pending
$399,900
10/23/2024
Realcomp

Realcomp #20240080164

Listed
$399,900
+6.64%
03/31/2023
Realcomp

Realcomp #20230015044

Sold
$375,000
+38.89%

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

$18,554
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$349,354
Cash to seller
$18,554

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

March 2023

Original loan amount

$356,250

Est. remaining balance

$349,354

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Kevin Jones and Jamie Courter

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: Pending/Under Contract

Tomo last checked: 11/22/2024 at 9:15 AM

Listing updated: 11/15/2024 at 9:15 AM

Listed by: Grant W Berakovich, Max Broock, REALTORS®-Birmingham Phone #: (248) 644-6700

MLS: Realcomp #20240080164

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