tomo logo

$114,900

Beds
3
Baths
1.0
sq ft
1,190

5200 Wayburn St, Detroit, MI 48224

5200 Wayburn St

Detroit, MI 48224

  • 9 days on market
Investors look no further... Completely renovated three-bedroom, one-bath bungalow with basement near Grosse Pointe. The home features refinished hardwood floors, a completely renovated kitchen with new vinyl flooring, new carpet in the upper bedroom, a new furnace, hot water tank and new vinyl windows. Tenant occupied until 10/31/25. Certificate of Compliance is complete and attached. No showings until offer is accepted.

Details

Property type

Single Family Residence

Est. home value

$89,646

Lot size

4,356 sq ft

Price per sq ft

$97

Year built

1939

Annual property taxes

$2,564

Price History

01/23/2025
Realcomp

Realcomp #20250005038

Listed
$114,900
+333.58%
10/23/2020
Realcomp

Realcomp #2200061487

Sold
$26,500

Schools & Community

Neighborhood: 

Morningside

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

Bet Ter Holdings Llc

Loan start date

February 2019

Original loan amount

$211,000

Est. remaining balance

Not provided

Interest rate

4.55%

Loan type

Not Provided

Seller

Iron Fist Properties Llc

Lender

Bet Ter Holdings Llc

Loan start date

February 2019

Original loan amount

$211,000

Est. remaining balance

Not provided

Interest rate

4.55%

Loan type

Not Provided

Seller

Iron Fist Properties Llc

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: 02/02/2025 at 6:45 AM

Listing updated: 01/24/2025 at 6:04 AM

Listed by: Shannon K Sails, NextHome Pros Phone #: (586) 630-3800

MLS: Realcomp #20250005038

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