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$140,000

Beds
3
Baths
1.0
sq ft
1,187

60 W Granet Ave, Hazel Park, MI 48030

60 W Granet Ave

Hazel Park, MI 48030

  • 16 days on market
Welcome to this charming 3 bedroom, 1 bathroom bungalow located in the heart of Hazel Park. This lovely home boasts 1187 sq ft of open living space, perfect for comfortable living. Recent updates include a brand new kitchen floor (2024), all new windows (2024), and a fully remodeled bathroom (2024). The roof was also inspected in 2023 for your peace of mind. This property is tenant-occupied, providing a reliable rental income of $1195/month with a lease in place until January 9th, 2025. Situated in the desirable Hazel Park community, this home is conveniently close to everything you need, from shopping and dining to parks and schools. Whether you’re an investor looking for a solid rental property or a future homeowner planning ahead, this charming home offers both immediate returns and long-term potential. Don’t miss out on this fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$117,979

Lot size

5,663 sq ft

Price per sq ft

$118

Year built

1938

Annual property taxes

$2,036

Price History

06/21/2024
Realcomp

Realcomp #20240044190

Listed
$140,000
+19.35%
06/23/2023
Realcomp

Realcomp #20230039903

Sold
$117,300
+445.58%
07/16/2015
Realcomp

Realcomp #215067847

Sold
$21,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park

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

$36,031
Asking price
$140,000
Closing costs (~8% of asking)
-$11,200
Est. remaining loan balance
-$92,769
Cash to seller
$36,031

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

Seller’s Loan History

Lender

Plains Commerce Bank

Loan start date

June 2023

Original loan amount

$93,840

Est. remaining balance

$92,769

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Harjasraj Thind

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: 07/07/2024 at 6:15 PM

Listing updated: 06/25/2024 at 6:03 AM

Listed by: David L Thomas, EXP Realty Romeo Phone #: (586) 372-6057

MLS: Realcomp #20240044190

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