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$367,500

Beds
3
Baths
1.0
sq ft
1,395

620 Catalpa Dr, Royal Oak, MI 48067

620 Catalpa Dr

Royal Oak, MI 48067

  • 13 days on market
Welcome to this wonderful three bedroom, brick bungalow located on a beautiful tree-lined street within walking distance of downtown Royal Oak. This home boasts plenty of character and charm starting with the entry vestibule with coat closet, living room with large picture window and hardwood floors that carry throughout the main level. The oversized kitchen features a spacious, eat-in dining area with two adjacent door walls allowing in an abundance of natural sunlight. Granite countertops and plenty of cabinetry including a built-in pantry surrounding the fridge are additional highlights of the kitchen. Step through the door wall onto the adjacent deck which extends the living space outside. A bedroom, full bathroom and library/office complete the main level. (The library/office with closet could easily be converted to a 4th bedroom). You will find two nice sized bedrooms and an office nook located upstairs. The basement contains a carpeted family room, good sized storage room, separate laundry and mechanical area. The back yard is fully fenced. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$348,079

Lot size

6,098 sq ft

Price per sq ft

$264

Year built

1943

Annual property taxes

$4,372

Price History

11/08/2024
Realcomp

Realcomp #20240084628

Listed
$367,500
+75.08%
10/27/2017
Realcomp

Realcomp #217096953

Sold
$209,900

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

$167,376
Asking price
$367,500
Closing costs (~8% of asking)
-$29,400
Est. remaining loan balance
-$170,724
Cash to seller
$167,376

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

Seller’s Loan History

Lender

1St State Bank

Loan start date

October 2017

Original loan amount

$199,400

Est. remaining balance

$170,724

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

Ione C Walker

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: 11/21/2024 at 10:10 PM

Listing updated: 11/17/2024 at 12:35 PM

Listed by: Patrick M Hixson, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240084628

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