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$399,900

Beds
4
Baths
2.0
sq ft
1,381

8360 E 13 Mile Rd, Warren, MI 48093

8360 E 13 Mile Rd

Warren, MI 48093

  • 58 days on market
Great Location in the heart of Warren totaling 1.22 ACRES of land which includes the adjacent lot behind the home also shown with the pictures included in this listing. Both parcels are currently each zoned as R2 Residential but combined the locations have the potential to be a developer's dream with strong possibilities of rezoning being considered for the right project. These two parcels have it all with plenty of opportunity to build your dream home or suitable for an investor with an innovative vision. Included:4-bedroom, 2-bath colonial with updated kitchen, first-floor master, walk-in closet, and partially finished basement.

Details

Property type

Single Family Residence

Est. home value

$262,285

Lot size

1.22 acres

Price per sq ft

$290

Year built

1900

Annual property taxes

$4,571

Price History

09/27/2024
Realcomp

Realcomp #20240073099

Listed
$399,900
+142.36%
03/11/2019
MiRealSource

MiRealSource #31369235

Sold
$165,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$227,235
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$140,673
Cash to seller
$227,235

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

March 2019

Original loan amount

$156,750

Est. remaining balance

$140,673

Interest rate

4.45%

Loan type

New Conventional, 30 year

Seller

Corey Allen Borkowski

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: 11/25/2024 at 7:00 AM

Listing updated: 09/28/2024 at 6:11 AM

Listed by: Bernard Shamow, EXP Realty LLC Phone #: (888) 501-7085

MLS: Realcomp #20240073099

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