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$114,900

Beds
3
Baths
1.0
sq ft
1,447

7627 Quinn St, Detroit, MI 48234

7627 Quinn St

Detroit, MI 48234

  • 114 days on market
    • Price drop $5,000↓
**FULLY UPDATED**FINISHED BASEMENT**. This terrific property on Detroit's Northeast side checks all the boxes. Great floor plan, 3 large bedrooms, updated plumbing, HVAC, and electrical. This gem has undergone a full remodel including new paint, kitchen, and bath. Just minutes away from the massive FCA Warren Stamping plant (one of the largest employers in Michigan). Conveniently located just south of the bustling Oakland County suburbs. Retail shopping, restaurants, and great schools (Legacy Charter) are nearby. You can own this home with a mortgage less than market rent!! Schedule a showing today! (This property can make a great investment as a rental. Market rent ranges between $1400-$1500 per month).

Details

Property type

Single Family Residence

Est. home value

$64,669

Lot size

5,227 sq ft

Price per sq ft

$80

Year built

1927

Annual property taxes

$924

Price History

04/01/2024
Realcomp

Realcomp #20240015763

Price change
$114,900
-4.17%
03/12/2024
Realcomp

Realcomp #20240015763

Listed
$119,900
+160.65%
04/24/2023
Realcomp

Realcomp #20230013208

Sold
$46,000
+411.11%

Schools & Community

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

City Of Detroit

Loan start date

July 2006

Original loan amount

$9,937

Est. remaining balance

$0

Interest rate

6.62%

Loan type

Not Provided, 3 year

Seller

Eloise Taylor

Lender

City Of Detroit

Loan start date

July 2006

Original loan amount

$9,937

Est. remaining balance

$0

Interest rate

6.62%

Loan type

Not Provided, 3 year

Seller

Eloise Taylor

Lender

World Wide Financial Services Inc

Loan start date

July 2005

Original loan amount

$60,900

Est. remaining balance

$34,626

Interest rate

5.62%

Loan type

FHA, 30 year

Seller

Eloise Taylor

Lender

World Wide Financial Services Inc

Loan start date

July 2005

Original loan amount

$60,900

Est. remaining balance

$34,626

Interest rate

5.62%

Loan type

FHA, 30 year

Seller

Eloise Taylor

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: 07/04/2024 at 11:50 PM

Listing updated: 04/01/2024 at 4:03 PM

Listed by: Wael Nehme, U.S. Investor Group Phone #: (313) 644-0034

MLS: Realcomp #20240015763

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