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$235,686Estimated home value

Beds
2
Baths
1.5
sq ft
1,167

5183 Buckingham, Troy, MI 48098

5183 Buckingham

Troy, MI 48098

  • Sold On 7/25/2024
    • Price drop $19,999↓
Nice 2 bedroom 1.5 bathroom condo for sale, both bedrooms are in good size. Spacious Living Room with large open back yard, and no other unit directly face to your back yard. Great Location with easy to access I-75, walking distance to elementary and troy high school. The association fee include gas, water, clubhouse, pool, tennis court.

Details

Property type

Condominium

Est. home value

$235,686

Lot size

Unknown

Price per sq ft

$240

Year built

1971

Annual property taxes

$3,282

Monthly HOA fee

$318

Price History

07/23/2024
Realcomp

Realcomp #20240031695

Sold
$285,000
+1.79%
07/19/2024
Realcomp

Realcomp #20240031695

Pending
$280,000
06/21/2024
Realcomp

Realcomp #20240031695

Price change
$280,000
-6.67%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

School district: 

Troy

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

$124,932
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$132,668
Cash to seller
$124,932

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2022

Original loan amount

$137,000

Est. remaining balance

$132,668

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Jiewen Li and Pingping Hu

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?

Status: Off Market

Tomo last checked: 09/28/2024 at 5:20 PM

Listing updated: 07/25/2024 at 10:47 AM

Listed by: Xu Jiang, Real Estate One-Troy Phone #: (248) 813-4900

MLS: Realcomp #20240031695

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