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$139,900

Beds
4
Baths
1.0
sq ft
1,175

8540 Central, Center Line, MI 48015

8540 Central

CenterLineCity_Macomb, MI 48015

    • Price drop $15,000↓
Great opportunity! This solid 4-bedroom home, built in 1972, is priced to reflect the updates needed—making it perfect for an end user looking to build equity or an investor seeking strong returns. The layout offers a spacious kitchen with an eating area large enough for a full dining table. Major mechanicals are in good shape, with the furnace and hot water tank just 6 years old. Nestled in a great neighborhood close to schools, this home has incredible potential. With some fresh flooring, paint, and a kitchen update, the after-repair value easily exceeds $200K. Don't miss this chance to create something special!

Details

Property type

Single Family Residence

Est. home value

$133,190

Lot size

7,841 sq ft

Price per sq ft

$120

Year built

1972

Annual property taxes

$2,884

HOA

No

Price History

03/31/2025
Realcomp

Realcomp #20250017808

Price change
$139,900
-9.68%
03/20/2025
Realcomp

Realcomp #20250017808

Listed
$154,900
+138.31%
02/15/2017
MiRealSource

MiRealSource #31274683

Sold
$65,000
+60.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

CenterLine

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

The Huntington National Bank

Loan start date

June 2022

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

3.96%

Loan type

Credit Line (Revolving), 30 year

Seller

Elissa Teal

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?

Status: Active

Tomo last checked: 04/01/2025 at 10:50 PM

Listing updated: 03/31/2025 at 1:06 PM

Listed by: Erick Monzo, Keller Williams Realty-Great Lakes Phone #: (586) 541-4000

MLS: Realcomp #20250017808

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