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$339,900

Beds
3
Baths
2.0
sq ft
1,200

407 Charlotte Ave, Royal Oak, MI 48073

407 Charlotte Ave

Royal Oak, MI 48073

  • 38 days on market
    • Price drop $10,100↓
Impressive 3-bedroom brick ranch with so much to offer! A short drive to downtown Royal Oak, and walking distance to Quikstad Park, Royal Oak High School, Royal Oak Senior Community Center, and so much more. ** Updated Kitchen w/ additional cabinetry, brand new granite, and area for a small table ** Living Room and Dining Area w/ stylish built-ins enjoy original hardwood floors ** Desirable Family Room w/ zero clearance gas fireplace! ** 3 bedrooms (one with built-in desk and bookshelves) are serviced by full bath w/ walk-in shower ** Partially finished basement enjoys an additional full bath, laundry, and wide open space ready for your finishes ** The backyard is fenced and graced with a large 2+ car garage and patio area ** You'll enjoy MANY updates/upgrades, including: Kitchen granite 2024; Freshly painted walls 2024; A/C 2024; Roof 2019; Dishwasher 2024 ** Leaf filter on gutters, whole house generator, new entry and screen doors (front and back), and more. ** All appliances to remain. ** BATVAI.

Details

Property type

Single Family Residence

Est. home value

$343,785

Lot size

6,970 sq ft

Price per sq ft

$284

Year built

1953

Annual property taxes

$4,910

Price History

08/28/2024
Realcomp

Realcomp #20240057108

Price change
$339,900
-2.89%
08/05/2024
Realcomp

Realcomp #20240057108

Listed
$350,000
+32.08%
07/24/2020
MiRealSource

MiRealSource #50011109

Sold
$265,000
+5.16%

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

$119,137
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$193,571
Cash to seller
$119,137

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2020

Original loan amount

$212,000

Est. remaining balance

$193,571

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Richard Gregory

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: 09/13/2024 at 8:30 AM

Listing updated: 09/05/2024 at 8:41 PM

Listed by: Derek R Bauer, Real Estate One-South Lyon Phone #: (248) 437-3800

MLS: Realcomp #20240057108

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