tomo logo

$180,000

Beds
3
Baths
1.0
sq ft
1,049

502 Forest Ave, Westland, MI 48186

502 Forest Ave

Westland, MI 48186

  • 64 days on market
    • Price drop $5,000↓
OPEN HOUSE 9/29 CANCELED Welcome to this well maintained 3-bedroom, 1-bath brick ranch, nestled in the heart of Westland. Offering both comfort and convenience, this home is perfect for first-time buyers or those seeking to rightsize. Inside, you'll find a bright and inviting living area, a well-appointed kitchen with a cozy dining space and spacious bedrooms with ample closet space.Step outside into the expansive, fenced backyard--perfect for family gatherings, gardening, or letting pets roam free.Located in a peaceful, established neighborhood, this home is just minutes from schools, shopping, dining, and parks, with easy access to major highways. Don't miss the opportunity to make this Westland gem your own--schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$177,592

Lot size

5,663 sq ft

Price per sq ft

$172

Year built

1959

Annual property taxes

$3,403

Price History

11/18/2024
Realcomp

Realcomp #81024049561

Price change
$180,000
-2.7%
11/10/2024
Realcomp

Realcomp #81024049561

Listed
$185,000
11/01/2024
Realcomp

Realcomp #81024049561

Pending
$185,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Wayne-Westland

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

Department Of Housing & Urban Dev

Loan start date

June 2022

Original loan amount

$18,523

Est. remaining balance

$17,850

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Shantelle N Spencer

Lender

Department Of Housing & Urban Dev

Loan start date

June 2022

Original loan amount

$18,523

Est. remaining balance

$17,850

Interest rate

5.1%

Loan type

FHA, 30 year

Seller

Shantelle N Spencer

Lender

Michigan State Housing Development Autho

Loan start date

August 2015

Original loan amount

$7,500

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

2nd Mortgage made to cover Down Payment

Seller

Shantelle N Spencer

Lender

Mortgage 1 Inc

Loan start date

August 2015

Original loan amount

$81,496

Est. remaining balance

$65,918

Interest rate

4.08%

Loan type

FHA, 30 year

Seller

Shantelle N Spencer

Lender

Michigan State Housing Development Autho

Loan start date

August 2015

Original loan amount

$7,500

Est. remaining balance

Not provided

Interest rate

4.08%

Loan type

2nd Mortgage made to cover Down Payment

Seller

Shantelle N Spencer

Lender

Mortgage 1 Inc

Loan start date

August 2015

Original loan amount

$81,496

Est. remaining balance

$65,918

Interest rate

4.08%

Loan type

FHA, 30 year

Seller

Shantelle N Spencer

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?

Similar Homes Nearby

Price drop
Realcomp
$198,900
3 bd
|
1 ba
|
1,088 sq ft
|
House

32208 Melton St, Westland, MI 48186

Realcomp
$164,900
3 bd
|
1 ba
|
1,121 sq ft
|
House

36211 Hazelwood Ave, Westland, MI 48186

Price drop
Realcomp
$195,900
3 bd
|
1 ba
|
1,152 sq ft
|
House

35539 Hazelwood Ave, Westland, MI 48186

Status: Active

Tomo last checked: 11/23/2024 at 12:10 AM

Listing updated: 11/18/2024 at 2:40 PM

Listed by: Sara Schmitz, Cornerstone Real Estate Phone #: (734) 316-5886

MLS: Realcomp #81024049561

Realcomp logo

Recently listed in Westland