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$65,000

Beds
2
Baths
1.0
sq ft
758

8476 Timken Ave, Warren, MI 48089

8476 Timken Ave

Warren, MI 48089

  • 29 days on market
    • Price drop $10,000↓
ranch house. newer laminate flooring, newer appliances, kit w/granite top, newer plumbing with newer hot water tank and updated electric panel. Walk to elem school, 3 blk away good rental income possibilities. Furnace replaced 2 years ago

Details

Property type

Single Family Residence

Est. home value

$84,687

Lot size

4,356 sq ft

Price per sq ft

$86

Year built

1940

Annual property taxes

$1,706

Price History

09/13/2024
Realcomp

Realcomp #20240062394

Price change
$65,000
-13.33%
08/21/2024
Realcomp

Realcomp #20240062394

Listed
$75,000
+47.35%
07/31/2020
Realcomp

Realcomp #2200018904

Sold
$50,900
+75.52%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Van Dyke

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

$22,604
Asking price
$65,000
Closing costs (~8% of asking)
-$5,200
Est. remaining loan balance
-$37,196
Cash to seller
$22,604

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

Seller’s Loan History

Lender

Main Street Bank

Loan start date

July 2020

Original loan amount

$40,720

Est. remaining balance

$37,196

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

John Heintz and Pamela Heintz

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: 09/20/2024 at 3:20 AM

Listing updated: 09/15/2024 at 6:31 PM

Listed by: Pamela A Heintz, Heritage Real Estate Phone #: (248) 504-4000

MLS: Realcomp #20240062394

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