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$210,000

Beds
3
Baths
1.5
sq ft
1,402

7626 W 7 Mile Rd, Detroit, MI 48221

7626 W 7 Mile Rd

Detroit, MI 48221

  • 70 days on market
    • Price drop $15,000↓
(OPEN HOUSE 09-21-2024 From 11:00a.m. to 1:00p.m.) Charming three-bedroom, one-bath colonial nestled in the picturesque Bagley neighborhood. This home enjoys an ideal location close to shops and restaurants. Highlights of the property include a natural fireplace, updated central air conditioning, updated windows, updated furnace, a rear balcony, a two-car garage, hardwood floors throughout, a half bath on the first floor, butcher block kitchen countertops, and stylish floating shelves.

Details

Property type

Single Family Residence

Est. home value

$140,356

Lot size

3,920 sq ft

Price per sq ft

$150

Year built

1935

Annual property taxes

$1,462

Price History

10/04/2024
Realcomp

Realcomp #20240068564

Price change
$210,000
-6.67%
09/12/2024
Realcomp

Realcomp #20240068564

Listed
$225,000
+946.51%
03/03/2015
Realcomp

Realcomp #215010458

Sold
$21,500
+59.26%

Schools & Community

Neighborhood: 

Bagley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Michigan Educational Cu

Loan start date

October 2021

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

2.43%

Loan type

Credit Line (Revolving)

Seller

Joni Shinn and Joni E Shinn

Lender

Michigan Educational Cu

Loan start date

October 2021

Original loan amount

$20,000

Est. remaining balance

Not provided

Interest rate

2.43%

Loan type

Credit Line (Revolving)

Seller

Joni Shinn and Joni E Shinn

Lender

The Anderson Financial Group Inc

Loan start date

May 2021

Original loan amount

$76,000

Est. remaining balance

$70,489

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Joni Shinn

Lender

The Anderson Financial Group Inc

Loan start date

May 2021

Original loan amount

$76,000

Est. remaining balance

$70,489

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Joni Shinn

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 9:45 AM

Listing updated: 10/04/2024 at 5:21 AM

Listed by: Gordon A Hawkins, Hawkins Realty Group, Inc Phone #: (313) 263-1668

MLS: Realcomp #20240068564

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