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$400,000

Beds
6
Baths
2.5
sq ft
1,784

4624 Hillcrest Ave, Royal Oak, MI 48073

4624 Hillcrest Ave

Royal Oak, MI 48073

  • 36 days on market
    • Price drop $30,000↓
Rare 6 Bedroom Royal Oak Bungalow with a first floor primary suite! Excellent value for the amount of square footage and bedrooms for the area. This home features hardwood flooring throughout the main level bedrooms and living room. Primary suite with updated tile shower and glass door. Kitchen recently updated with ceramic tile flooring, stainless steel appliances and tile backsplash. 4 bedrooms on the main level and 2 large bedrooms upstairs. Recent updates also include, new paint, newer hot water heater, furnace, deck, wooden blinds and nest thermostat. Plenty of storage space in the partially finished basement as well as a half bathroom. Backyard is enclosed with a tall vinyl privacy fence that wraps around the 2 car garage. Excellent location, walkable to Downtown Clawson, quick access to Woodward and I-75.

Details

Property type

Single Family Residence

Est. home value

$387,998

Lot size

5,663 sq ft

Price per sq ft

$225

Year built

1957

Annual property taxes

$5,306

Price History

06/18/2024
Realcomp

Realcomp #20240037136

Price change
$400,000
-6.98%
05/29/2024
Realcomp

Realcomp #20240037136

Listed
$430,000
+50.88%
08/29/2019
Realcomp

Realcomp #219055565

Sold
$285,000
+16.33%

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

$110,748
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$257,252
Cash to seller
$110,748

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$274,000

Est. remaining balance

$257,252

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Andrew A Sanders and Greggory A Sanders

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: 07/04/2024 at 11:55 PM

Listing updated: 06/29/2024 at 1:23 PM

Listed by: Connor Turcotte, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #20240037136

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