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$225,000

Beds
4
Baths
1.0
sq ft
1,517

560 2nd St, Oxford, MI 48371

560 2nd St

Oxford Twp, MI 48371

  • 39 days on market
    • Price drop $4,000↓
Look no further! This 4 bedroom, 1 bathroom home is a hidden gem waiting to be transformed into something truly special. While it needs your personal touch, it offers a world of opportunity for the right buyer—whether you're an investor looking for a property with strong potential or a family eager to create your dream home. Nestled in a highly desirable location just a 5-minute drive from the heart of Oxford, this home provides the perfect blend of suburban peace and easy access to shops, restaurants, and top-rated schools. The home has been updated throughout the years, with a solid foundation and spacious rooms that are ready for the next chapter. The layout features generous living spaces, including a cozy living room and well-sized bedrooms, giving you plenty of room to grow. While the kitchen and bathroom have been updated, a little creativity and work will elevate this home to its full potential—whether you're renovating to suit your personal style or preparing it for a rental market with excellent demand. The home is within the coveted Oxford School District, making it an ideal location for families, and with some updates, it could be a fantastic long-term investment. If you're looking for a home with great bones, fantastic potential, and a prime location, this is the one you’ve been waiting for. Whether you're planning to move in, rent out, or flip, the possibilities are endless—don't miss out on making this house your own!

Details

Property type

Single Family Residence

Est. home value

$158,925

Lot size

0.33 acres

Price per sq ft

$149

Year built

1900

Annual property taxes

$2,460

Price History

12/06/2024
Realcomp

Realcomp #20240085768

Price change
$225,000
-1.75%
12/03/2024
Realcomp

Realcomp #20240085768

Price change
$229,000
-2.55%
11/13/2024
Realcomp

Realcomp #20240085768

Listed
$235,000
+295.62%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Oxford

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

Unknown Lender

Loan start date

August 2019

Original loan amount

$87,200

Est. remaining balance

Not provided

Interest rate

6.2%

Loan type

Land Contract (Argmt. Of Sale)

Seller

Adam Duncan

Lender

Quicken Loans Inc

Loan start date

September 2006

Original loan amount

$152,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

Not Provided, 30 year

Seller

Russell E Duncan and Gayanne Bickell

Lender

Quicken Loans Inc

Loan start date

September 2006

Original loan amount

$24,000

Est. remaining balance

Not provided

Interest rate

6.55%

Loan type

Credit Line (Revolving), 20 year

Seller

Russell E Duncan and Gayanne Bickell

Lender

Flagstar Bank

Loan start date

June 2002

Original loan amount

$116,176

Est. remaining balance

Not provided

Interest rate

6.79%

Loan type

Not Provided

Seller

Russell E Duncan

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: 12/23/2024 at 7:05 AM

Listing updated: 12/07/2024 at 1:15 PM

Listed by: Ashley Sabo, RE/MAX Eclipse Phone #: (248) 690-7198

MLS: Realcomp #20240085768

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