tomo logo

$244,900

Beds
2
Baths
2.0
sq ft
950

616 Rosedale Ave, Royal Oak, MI 48067

616 Rosedale Ave

Royal Oak, MI 48067

  • Pending
OFFER RECEIVED Very well maintained 2 bedroom Bungalow located in a highly sought after Royal Oak neighborhood. This home has a primary bedroom upstairs along with a primary bathroom, a walk in closet, and a stackable washer/dryer in the laundry area. The main floor has a bedroom, a full bathroom, open kitchen, and a living room. Beautiful staircase to the second floor. The electrical service panel is circuit breakers. Updates include: new A/C and Furnace, new kitchen and living room flooring, as well as new laminate flooring in the primary bedroom upstairs. All appliances as seen are included: kitchen refrigerator, stove, dishwasher, and disposal. There is a yard shed for lawn equipment. This Bungalow is vinyl sided and has a great covered front porch to sit and relax on. Within walking distance to the Royal Oak Farmers Market and so much more. This home is very easy to maintain and has a quaint layout. Seller is providing a one year American Home Shield warranty.

Details

Property type

Single Family Residence

Est. home value

$225,084

Lot size

1,742 sq ft

Price per sq ft

$258

Year built

1929

Annual property taxes

$3,946

Price History

09/16/2024
Realcomp

Realcomp #20240067328

Pending
$244,900
09/09/2024
Realcomp

Realcomp #20240067328

Listed
$244,900
+58%
03/16/2022
Realcomp

Realcomp #2220008438

Sold
$155,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$96,905
Asking price
$244,900
Closing costs (~8% of asking)
-$19,592
Est. remaining loan balance
-$128,403
Cash to seller
$96,905

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

March 2022

Original loan amount

$135,000

Est. remaining balance

$128,403

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Klajdi Ibi

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: Pending/Under Contract

Tomo last checked: 09/18/2024 at 9:05 PM

Listing updated: 09/17/2024 at 12:21 PM

Listed by: Robert C Struk, Century 21 Curran & Oberski Phone #: (313) 274-7200

MLS: Realcomp #20240067328

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