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$274,000

Beds
2
Baths
1.0
sq ft
880

4615 Olivia Ave, Royal Oak, MI 48073

4615 Olivia Ave

Royal Oak, MI 48073

  • 22 days on market
Experience the epitome of modern sophistication with this exquisitely updated condo alternative. For those who appreciate the allure of a loft aesthetic yet desire the comforts of private living, this residence offers the perfect solution. The design, flow, and location are truly unparalleled at this price point. Meticulously remodeled by the owner to reflect a refined taste, this home is nothing short of a triumph—a true testament to exceptional craftsmanship. This remarkable transformation is undoubtedly one of the finest renovations you'll discover under $300K. Tailored for discerning individuals seeking a lifestyle defined by elegance and efficiency, this residence invites you to enjoy high-style living without compromise. The beautifully landscaped grounds provide a serene escape, with a fully private yard ideal for gardening or relaxation. Situated just minutes from the vibrant centers of Downtown Birmingham and Troy, this North Royal Oak treasure offers effortless access to a wealth of entertainment and cultural experiences.

Details

Property type

Single Family Residence

Est. home value

$232,759

Lot size

5,227 sq ft

Price per sq ft

$312

Year built

1950

Annual property taxes

$3,118

Price History

09/26/2024
Realcomp

Realcomp #20240072779

Listed
$274,000
+66.06%
11/29/2019
Realcomp

Realcomp #219102048

Sold
$165,000
+13.79%
08/16/2018
Realcomp

Realcomp #218075804

Sold
$145,000
+9.43%

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

$107,756
Asking price
$274,000
Closing costs (~8% of asking)
-$21,920
Est. remaining loan balance
-$144,324
Cash to seller
$107,756

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

Seller’s Loan History

Lender

Omega Lending

Loan start date

November 2019

Original loan amount

$160,050

Est. remaining balance

$144,324

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Kenneth H Scarpace Jr

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: 10/18/2024 at 6:20 PM

Listing updated: 10/17/2024 at 6:05 AM

Listed by: Nancy R Robinson, Century 21 Curran & Oberski Phone #: (248) 264-1700

MLS: Realcomp #20240072779

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