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$275,000

Beds
2
Baths
1.0
sq ft
900

475 S Adams Rd Unit 7, Birmingham, MI 48009

475 S Adams Rd Unit 7

Birmingham, MI 48009

  • 72 days on market
    • Price drop $15,000↓
Just steps away from Birmingham's vibrant shops, restaurants and entertainment and sophisticated living. Open floor concept, hardwood floors, two bedrooms, updated kitchen, stainless steel appliances, updated bath, new air conditioning, updated dining area. Air conditioned. Secure storage space and convenient laundry facilities. Heat, water, and snow removal included in HOA. City of Birming ham golf course membership available at reasonable rates. City of Birmingham ice arena available at reasonable rates. Award winning Birmingham schools. Owner is a licensed real estate agent. Clean. Move in ready.

Details

Property type

Condominium

Est. home value

$195,603

Lot size

Unknown

Price per sq ft

$306

Year built

1980

Annual property taxes

$4,580

Monthly HOA fee

$310

Price History

02/01/2025
Realcomp

Realcomp #20240092046

Price change
$275,000
-5.17%
12/12/2024
Realcomp

Realcomp #20240092046

Listed
$290,000
+65.71%
10/05/2021
Realcomp

Realcomp #2210063197

Sold
$175,000
+23.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Birmingham

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

$183,090
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$69,910
Cash to seller
$183,090

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2007

Original loan amount

$108,800

Est. remaining balance

$69,910

Interest rate

6.42%

Loan type

Not Provided, 30 year

Seller

Izak Rozin and Cynthia Rozin

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: 02/23/2025 at 6:15 AM

Listing updated: 02/01/2025 at 12:24 PM

Listed by: Michael P Solan Sr, Max Broock, REALTORS®-Bloomfield Hills Phone #: (248) 644-4700

MLS: Realcomp #20240092046

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