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$225,000

Beds
2
Baths
1.0
sq ft
879

8521 Colgate St, Oak Park, MI 48237

8521 Colgate St

Oak Park, MI 48237

  • 37 days on market
    • Price drop $5,000↓
Charming ranch in Oak Park with great curb appeal and beautiful mature trees offers a serene retreat while being conveniently located near local amenities and Ferndale schools. Step inside to discover a bright and spacious living room with new flooring and recessed lighting, perfect for both relaxing and entertaining. The open floor plan flows seamlessly into the dining area and modern kitchen, featuring stainless steel appliances, granite countertops, and ample cabinet space for all your culinary needs. The freshly updated bathroom includes stylish fixtures and a clean, contemporary design. Two nice sized bedrooms offer a private retreat off the main living area. Outside, the large backyard is a blank canvas for your gardening dreams, with a detached garage, cool outdoor fireplace, and enclosed back porch. Important updates include a new furnace, AC, and water heater. Walkable to downtown, the Detroit Zoo, and easy freeway access. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$164,540

Lot size

5,663 sq ft

Price per sq ft

$256

Year built

1920

Annual property taxes

$2,380

Price History

06/24/2024
Realcomp

Realcomp #20240037771

Price change
$225,000
-2.17%
05/31/2024
Realcomp

Realcomp #20240037771

Listed
$230,000
+88.52%
04/12/2024
Realcomp

Realcomp #20240005248

Sold
$122,000
-5.43%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

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

Kiavi Funding Inc

Loan start date

November 2023

Original loan amount

$133,100

Est. remaining balance

Not provided

Interest rate

7.19%

Loan type

Building or Construction Loan

Seller

1128 Maplewood 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: Active

Tomo last checked: 07/07/2024 at 8:40 PM

Listing updated: 06/30/2024 at 3:23 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240037771

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