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$309,900

Beds
3
Baths
2.0
sq ft
1,012

504 Wellesley Ave, Royal Oak, MI 48067

504 Wellesley Ave

Royal Oak, MI 48067

  • 17 days on market
Welcome to 504 Wellesley Ave., a charming 3-bedroom, 2-bathroom bungalow in the heart of Royal Oak! This home seamlessly blends comfort, convenience, and modern updates, making it the perfect choice for your next move. Step inside to find freshly updated spaces, including a refreshed finished basement with new carpet and paint, perfect for entertaining, a home office, or a cozy retreat. The spacious primary bedroom upstairs features an ensuite bathroom for added convenience and privacy. Enjoy peace of mind with recent updates, including a new roof (2022), a new hot water tank (2022), and an updated sump pump (2022). Outside, you’ll appreciate the curb appeal of this inviting home and its fantastic location. Situated in a desirable neighborhood, you're just moments away from Royal Oak’s vibrant downtown, parks, and schools. Don’t miss your chance to make this beautifully maintained home your own. Schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$290,856

Lot size

4,792 sq ft

Price per sq ft

$307

Year built

1950

Annual property taxes

$4,150

Price History

12/04/2024
Realcomp

Realcomp #20240090195

Listed
$309,900
+24.01%
10/27/2021
MiRealSource

MiRealSource #50054752

Sold
$249,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$75,422
Asking price
$309,900
Closing costs (~8% of asking)
-$24,792
Est. remaining loan balance
-$209,686
Cash to seller
$75,422

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

Seller’s Loan History

Lender

Highlands Residential Mortgage Ltd

Loan start date

October 2021

Original loan amount

$224,910

Est. remaining balance

$209,686

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Oliver William Garland and Madison Abbi Silkowski

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: 12/22/2024 at 5:50 AM

Listing updated: 12/21/2024 at 2:45 PM

Listed by: Ashley Jolley, Century 21 Curran & Oberski Phone #: (734) 464-6400

MLS: Realcomp #20240090195

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