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$89,900

Beds
3
Baths
1.0
sq ft
848

4637 University Pl, Detroit, MI 48224

4637 University Pl

Detroit, MI 48224

  • 94 days on market
    • Price drop $5,100↓
Check out this 3 bedroom, 1 bath tenant occupied investment property on a quiet block on Detroit's east side. Updates include new roof, updated kitchen, carpet, and plumbing. Located close to freeways, restaurant's and schools. Do not miss out on this opportunity to take on this cash flowing property situated in a neighborhood experiencing growth and development, this property offers significant potential for future appreciation.

Details

Property type

Single Family Residence

Est. home value

$56,935

Lot size

4,792 sq ft

Price per sq ft

$107

Year built

1948

Annual property taxes

$1,216

Price History

11/19/2024
Realcomp

Realcomp #20240061149

Price change
$89,900
-5.37%
09/26/2024
Realcomp

Realcomp #20240061149

Price change
$95,000
-9.52%
08/17/2024
Realcomp

Realcomp #20240061149

Listed
$105,000
+5.11%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quicken Loans Inc

Loan start date

September 2004

Original loan amount

$50,200

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Carol Ann Bakowski

Lender

Quicken Loans Inc

Loan start date

September 2004

Original loan amount

$50,200

Est. remaining balance

Not provided

Interest rate

6%

Loan type

Not Provided, 30 year

Seller

Carol Ann Bakowski

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: 11/19/2024 at 6:40 PM

Listing updated: 11/19/2024 at 1:30 PM

Listed by: Jenina Brown, Black Diamond Realty Phone #: (313) 612-3277

MLS: Realcomp #20240061149

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