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$425,000

Beds
4
Baths
2.5
sq ft
1,955

503 Mount Vernon St, Detroit, MI 48202

503 Mount Vernon St

Detroit, MI 48202

  • 3 days on market
COMING IN HOT TO NORTH END!! 503 Mount Vernon had been slated to be demolished by the City of Detroit. Thank goodness it was not. This home was purchased and renovated! Originally built in 1910, the current owners began a journey of restoring the home in 2023 and completion in 2024. The homes features 4 bedrooms and 2.5 baths. The first floor boasts a bright and open floor plan. Kitchen features quartz countertops and stainless steel appliances. Second floor has 3 bedrooms to included the primary bedroom ensuite and a full bathroom with soaking tub and separate shower. Access to the 3rd floor was re-designed to allow for a 4th bedroom or flex space. All new windows, force-air mechanicals and air conditioning. The bricks on the exterior of the home have been restored. Other exterior features include new cement, free-standing deck and custom designed privacy fence. Located in the heart of North End and within minutes of the vibrant Milwaukee Junction, New Center, Henry Ford Health Campus, Midtown, etc.

Details

Property type

Single Family Residence

Est. home value

$97,231

Lot size

1,742 sq ft

Price per sq ft

$218

Year built

1910

Annual property taxes

$768

Price History

06/28/2024
Realcomp

Realcomp #20240046339

Listed
$425,000
+569.28%
01/31/2023
Realcomp

Realcomp #20221070612

Sold
$63,501

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

Countrywide Bank Fsb

Loan start date

December 2007

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 74 year

Seller

John H Grier and Ora Grier

Lender

Countrywide Bank Fsb

Loan start date

December 2007

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

4.25%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 74 year

Seller

John H Grier and Ora Grier

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: 07/02/2024 at 7:20 PM

Listing updated: 06/30/2024 at 4:24 PM

Listed by: Gaye A Butler, Robinson Realty & Management Group Inc Phone #: (248) 593-9494

MLS: Realcomp #20240046339

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