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$95,000

Beds
3
Baths
1.0
sq ft
1,175

7241 W Outer Dr, Detroit, MI 48235

7241 W Outer Dr

DetroitCity_Wayne, MI 48235

  • Pending
    • Price drop $14,000↓
WE ARE CALLING FOR HIGHEST AND BEST OFFER DUE SUNDAY 3-16-2025 BY 12PM. RARE OPPORTUNITY TO OWN AN OUTER DRIVE COLONIAL AT THIS PRICE IN THIS LOCATION. WOOD FLOORS 2 CAR GARAGE, NEW KITCHEN CABINETS. NATURAL FIREPLACE. FINISH THIS PROJECT FOR INSTANT EQUITY OR PROFIT. CASH OR REHAB LOAN ONLY. CONTRACT MUST CLOSE WTIHIN 3 WEEKS OF BEING EXECUTED.

Details

Property type

Single Family Residence

Est. home value

$83,209

Lot size

4,792 sq ft

Price per sq ft

$81

Year built

1942

Annual property taxes

$1,567

HOA

No

Price History

03/27/2025
Realcomp

Realcomp #20250011666

Removed
$95,000
03/25/2025
Realcomp

Realcomp #20250011666

Removed
$95,000
03/21/2025
Realcomp

Realcomp #20250011666

Pending
$95,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Detroit

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

Lendingone Llc

Loan start date

February 2024

Original loan amount

$103,800

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Commercial, 1 year

Seller

Two Two Seven Investments Llc

Lender

Lendingone Llc

Loan start date

February 2024

Original loan amount

$103,800

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Commercial, 1 year

Seller

Two Two Seven Investments Llc

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: 04/02/2025 at 5:10 AM

Listing updated: 03/27/2025 at 9:04 AM

Listed by: Sanetti Neal, Spartan Realty Group Phone #: (734) 335-0603

MLS: Realcomp #20250011666

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