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$250,000

Beds
3
Baths
1.5
sq ft
980

545 Sonia Ave, Madison Heights, MI 48071

545 Sonia Ave

Madison Heights, MI 48071

  • 41 days on market
Well-kept ranch in Madison Heights features a charming interior with an eat in kitchen, partially finished basement, and great backyard for entertaining. Covered front porch leads to a large entry living room with hardwood floors and a cozy natural fireplace. Roomy eat-in kitchen with tile floors, stainless steel appliances, and ample cabinet space. Three nice sized bedrooms share a full bath down the hallway. Finished basement provides a bonus entertainment space with a half bath, laundry, and extra room for storage. Fenced backyard with a, covered patio, detached two car garage, and garden beds. Walking distance to local schools and parks. The roof was replaced in 2018 and the garage roof was replaced in 2021. The basement has been permanently waterproofed with a transferable lifetime warranty. Carpets were replaced in 2023.

Details

Property type

Single Family Residence

Est. home value

$211,561

Lot size

5,663 sq ft

Price per sq ft

$256

Year built

1958

Annual property taxes

$5,337

Price History

09/24/2024
Realcomp

Realcomp #20240071947

Listed
$250,000
+16.28%
10/02/2023
Realcomp

Realcomp #20230067903

Sold
$215,000
+54.45%
11/09/2017
MiRealSource

MiRealSource #31329784

Sold
$139,200

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lamphere

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

$111,302
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$118,698
Cash to seller
$111,302

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

Seller’s Loan History

Lender

Champions Funding Llc

Loan start date

October 2023

Original loan amount

$120,000

Est. remaining balance

$118,698

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Maria Yousif Lazar

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: 11/05/2024 at 11:30 AM

Listing updated: 10/28/2024 at 3:29 PM

Listed by: Raymond T Karoumy, Top Agent Realty Phone #: (248) 277-4226

MLS: Realcomp #20240071947

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