tomo logo

$199,900

Beds
4
Baths
1.5
sq ft
1,836

5001 Underwood St, Detroit, MI 48204

5001 Underwood St

Detroit, MI 48204

  • 9 days on market
    • Price drop $25,100↓
Magnificent three-story colonial home on a great block just minutes from Downtown. Close to major freeways, stadiums, theatres, and restaurants. This would be fantastic home or short-term rental. Nice private back yard. Alarm system included. Refrigerator, stove and microwave stay. Gas fireplace can be converted back to wood burning. Newer roof, paint, carpet, furnace, central air, and most windows. This home has so much potential. Attic space can be converted to living space. Back porch can be enclosed for a nice 3 season room. Room sizes estimated. Buyer to verify all information. Thank you for checking out our listing.

Details

Property type

Single Family Residence

Est. home value

$72,257

Lot size

4,356 sq ft

Price per sq ft

$109

Year built

1922

Annual property taxes

$1,365

Price History

11/18/2024
Realcomp

Realcomp #20240084826

Price change
$199,900
-11.16%
11/09/2024
Realcomp

Realcomp #20240084826

Listed
$225,000
+246.15%
12/01/2022
Realcomp

Realcomp #20221055298

Sold
$65,000

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

Citifinancial Inc

Loan start date

June 2005

Original loan amount

$48,659

Est. remaining balance

$0

Interest rate

5.33%

Loan type

Not Provided, 15 year

Seller

Doris Spigner and Sylvia G Byrd

Lender

Citifinancial Inc

Loan start date

June 2005

Original loan amount

$48,659

Est. remaining balance

$0

Interest rate

5.33%

Loan type

Not Provided, 15 year

Seller

Doris Spigner and Sylvia G Byrd

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 10:40 AM

Listing updated: 11/18/2024 at 12:35 PM

Listed by: Dennis Rutowski, Imagine Home Realty Phone #: (313) 456-9898

MLS: Realcomp #20240084826

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