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$119,900

Beds
3
Baths
1.0
sq ft
1,112

4693 Berkshire St, Detroit, MI 48224

4693 Berkshire St

Detroit, MI 48224

  • 72 days on market
    • Price drop $20,000↓
HOME HAS A HOUSE SITTER THAT WILL MOVE OUT ON DAY OF CLOSING. Property located in Heavily sought after Morningside Neighborhood updated brick bungalow that features 3 bedrooms, 1 bath, spacious kitchen, living room with a natural fireplace, and a dining room. Home has new windows, kitchen cabinets, bathroom fixtures, flooring, paint, and light fixtures. Home has a big spacious yard to host gatherings in the summer. Buyer to verify all info. Furnace to be installed on the day of closing. HOME HAS AN ALARM.

Details

Property type

Single Family Residence

Est. home value

$47,010

Lot size

4,356 sq ft

Price per sq ft

$108

Year built

1940

Annual property taxes

$1,532

Price History

11/11/2024
Realcomp

Realcomp #20240076907

Price change
$119,900
-14.3%
10/26/2024
Realcomp

Realcomp #20240076907

Price change
$139,900
-6.67%
10/14/2024
Realcomp

Realcomp #20240076907

Price change
$149,900
-6.25%

Schools & Community

Neighborhood: 

Morningside

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

James B Nutter & Co

Loan start date

February 2008

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Eddie Reed Sr

Lender

James B Nutter & Co

Loan start date

February 2008

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Eddie Reed Sr

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: 12/22/2024 at 11:05 AM

Listing updated: 11/11/2024 at 7:45 PM

Listed by: Randy Hourani, Premier Realty Associates Phone #: (313) 437-8100

MLS: Realcomp #20240076907

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