tomo logo

$799,000

Beds
4
Baths
2.5
sq ft
2,388

718 Hawthorn Ave, Royal Oak, MI 48067

718 Hawthorn Ave

Royal Oak, MI 48067

  • 56 days on market
    • Price drop $15,900↓
Incredible opportunity in the heart of Royal Oak... Welcome to Hawthorn! Situated on a low traffic tree lined street this charming 2014 built colonial is the perfect blend between city and suburban living. Featuring a large deep fenced lot with plenty of green space and privacy, 2 car attached garage, spacious master retreat with tray ceilings and his and her walk-in-closets complete with custom built in organizers, 4 beds, 2.5 baths, extended ceiling heights and 3 piece plumbing prep in the lower level, covered front porch that overlooks the manicured landscape and spacious backyard aggregate patio with natural shade from the mature trees, the list goes on. Walking distance to parks schools and all that downtown Royal Oak has to offer. Easy access to major expressways. Pride of ownership shows throughout... You will not be disappointed!

Details

Property type

Single Family Residence

Est. home value

$728,806

Lot size

7,841 sq ft

Price per sq ft

$335

Year built

2014

Annual property taxes

$8,867

Price History

08/04/2024
Realcomp

Realcomp #20240053665

Price change
$799,000
-1.95%
07/24/2024
Realcomp

Realcomp #20240053665

Listed
$814,900
+94.84%
11/06/2013
Realcomp

Realcomp #213090798

Sold
$418,245

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

$478,710
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$256,370
Cash to seller
$478,710

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

February 2015

Original loan amount

$323,050

Est. remaining balance

$256,370

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Stacy Alef and Michael Alef

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: 09/19/2024 at 5:10 AM

Listing updated: 08/08/2024 at 12:13 PM

Listed by: Anthony Gargaro, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240053665

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