tomo logo

$260,000

Beds
6
Baths
2.0
sq ft
2,319

4800 Bedford St, Detroit, MI 48224

4800 Bedford St

Detroit, MI 48224

  • 28 days on market
If you have been looking for a fully updated, Corner lot, Tudor style home in the charming area of Morningside, Detroit... this could be it! Morningside area is a neighborhood close to East English Village, Cornerstone Village, and is walkable to many great things that Detroit has to offer such as restaurants, parks, and the Warren Development Corp! Since you are walking distance to The Warren Development Corporation you can enjoy the Farmers Market on Thursdays, Food Truck Fridays, and beginning of 2025 it will feature a grocery market, mini local shops, and a co working space. With this home being fully renovated in 2022, you can move right in and cozy up by the fireplace for the holidays without having to renovate a thing! The kitchen features brand new samsung stainless steel appliances, granite countertops, and a great space for a dining room table. There are 2 bedrooms on the main level of this home, with 4 being on the second level - Really any of them could be used as a primary bedroom since all of them are very spacious. One of the bedrooms upstairs has a great deck that you can go and relax on after a long day of work! There is a "flex room" upstairs that could be great for an at home office, cozy corner, play room, or anything you need extra space for! Head down into the basement where you have SO much extra space to either finish or keep as storage. This home went through an extensive upgrade in 2022 which includes the plumbing, electrical, roof, and truly everything else. The furnace and water heater are 2023, brand new AC unit 2024, and all of the appliances (including washer and dryer) are all new as of 2023. This home is truly a show stopper! Make it yours today.

Details

Property type

Single Family Residence

Est. home value

$237,529

Lot size

5,227 sq ft

Price per sq ft

$113

Year built

1930

Annual property taxes

$1,291

Price History

10/24/2024
Realcomp

Realcomp #20240080530

Listed
$260,000
+4.46%
05/05/2023
Realcomp

Realcomp #20221038777

Sold
$248,900

Schools & Community

Neighborhood: 

Morningside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Detroit

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

-$1,103
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$240,303
Cash to seller
-$1,103

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

Seller’s Loan History

Lender

Kaye Financial Corp

Loan start date

May 2023

Original loan amount

$244,391

Est. remaining balance

$240,303

Interest rate

6.6%

Loan type

FHA, 30 year

Seller

Christian M Frink and Breanna M Frink

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: 11/22/2024 at 4:05 AM

Listing updated: 10/26/2024 at 11:45 PM

Listed by: Hanna Nicholson, RE/MAX First Phone #: (586) 799-8000

MLS: Realcomp #20240080530

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