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$309,999

Beds
3
Baths
2.0
sq ft
1,196

702 N Gainsborough Ave, Royal Oak, MI 48067

702 N Gainsborough Ave

Royal Oak, MI 48067

  • 55 days on market
    • Price drop $19,801↓
MAJOR PRICE ADJUSTMENT BY OWNER TO SELL. BETTER AND WELL-KEPT NEIGHBORHOOD AREA IN THE AREA. SHARP LOOKING BUNGALOW SURROUNDED BY WELL MAINTAINED NEIGHBORHOOD AND CLOSE TO DOWNTOWN ROYAL OAK VERY NICE 3 BEDROOMS WITH 2 FULL BATHROOMS PLUS A SUNROOM. BASEMENT IS FINISHED WITH A PRIVATE STORAGE WHICH CAN BE CONVERTED TO A WINE CELLER OR HANDYMAND WORKSHOP. NEW AC, WATER HEATER & UPGRADE FURANCE. 2 CARS DETACHED GARAGE WITH A BARN AND A NICE SIZE WOODEN DECK THAT HAS A GAS GRILL SETUP. COMPLETELY REPLACED CONCRETE DRIVEWAY. THE BACKYARD IS FULLY FENCED FOR YOU PETS AND BEAUTIFUL MAPLE TREE PROVIDING COOL SHADE. 1 YR AMERICAN HOME SHIELD PROVIDED. DRIVE BY TO CHECKOUT YOUR NEW HOME IN THIS RO COMMUNITY AND NEIGHBOR.

Details

Property type

Single Family Residence

Est. home value

$302,263

Lot size

5,663 sq ft

Price per sq ft

$260

Year built

1943

Annual property taxes

$4,545

Price History

10/27/2024
Realcomp

Realcomp #81024051245

Price change
$309,999
-6%
09/27/2024
Realcomp

Realcomp #81024051245

Listed
$329,800
-2.94%
09/26/2024
Realcomp

Realcomp #81024035583

Removed
$339,800

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$209,000

Est. remaining balance

Not provided

Interest rate

2.88%

Loan type

Purchase Money Mortgage, 30 year

Seller

Lauren Paige Silva and Michael James Silva

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: 11/22/2024 at 3:20 AM

Listing updated: 11/02/2024 at 3:45 PM

Listed by: Jee Lee, Phone #: (248) 325-8639

MLS: Realcomp #81024051245

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