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$120,000

Beds
3
Baths
1.0
sq ft
935

6808 Fisher Ave, Warren, MI 48091

6808 Fisher Ave

Warren, MI 48091

  • 60 days on market
Prime Investor Opportunity in Warren – Vacant Home Ready for Renovation! Calling all investors! Explore this vacant property in Warren, perfectly positioned for renovation and profit. With ample space and potential, this home presents a blank canvas for your vision. This is your chance to add value and expand your portfolio. Act quickly – opportunities like this won’t last long! Hot property for savvy investors seeking high-yield opportunities. Strategically located in a popular city known for its robust real estate market, this property is primed for value enhancement and portfolio expansion.

Details

Property type

Single Family Residence

Est. home value

$104,870

Lot size

4,356 sq ft

Price per sq ft

$129

Year built

1940

Annual property taxes

$1,938

Price History

07/19/2024
Realcomp

Realcomp #20240052522

Listed
$120,000
+26.32%
08/03/2021
Realcomp

Realcomp #58050040535

Sold
$95,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Van Dyke

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

$39,481
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$70,919
Cash to seller
$39,481

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

July 2021

Original loan amount

$76,000

Est. remaining balance

$70,919

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Michael Sessa

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: 09/17/2024 at 10:30 PM

Listing updated: 07/20/2024 at 6:04 AM

Listed by: Reed Starkey, Propel Property Management Phone #: (248) 270-7004

MLS: Realcomp #20240052522

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