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$79,900

Beds
3
Baths
1.0
sq ft
826

8845 Faust Ave, Detroit, MI 48228

8845 Faust Ave

Detroit, MI 48228

  • 1 day on market
Beautifully Updated 3-Bedroom Bungalow with Flexible Financing! This move-in-ready 3-bedroom, 1-bathroom home offers fresh paint, brand-new vinyl flooring, a newly paved driveway, and an updated electrical panel. A brand-new furnace and hot water heater are already installed, ensuring peace of mind. Designed for low-maintenance, modern living, this home is perfect for families or first-time buyers. Land contract terms are available with as little as $25,000 down to $1100 a month, with a balloon payment at the end of the term and flexible 3-6 year options. Don’t wait—schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$61,512

Lot size

5,227 sq ft

Price per sq ft

$97

Year built

1947

Annual property taxes

$896

Price History

01/20/2025
Realcomp

Realcomp #20250004252

Listed
$79,900
-11.12%
12/06/2024
Realcomp

Realcomp #20240085737

Removed
$89,900
11/13/2024
Realcomp

Realcomp #20240085737

Listed
$89,900
+221.07%

Schools & Community

Neighborhood: 

Franklin Park

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

Provident Funding Associates Lp

Loan start date

August 2008

Original loan amount

$48,750

Est. remaining balance

$33,181

Interest rate

6.42%

Loan type

Not Provided, 30 year

Seller

Naveen Kichili

Lender

Provident Funding Associates Lp

Loan start date

August 2008

Original loan amount

$48,750

Est. remaining balance

$33,181

Interest rate

6.42%

Loan type

Not Provided, 30 year

Seller

Naveen Kichili

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: 01/21/2025 at 7:55 PM

Listing updated: 01/21/2025 at 6:04 AM

Listed by: Billy Johair, Keller Williams Legacy Phone #: (313) 752-0000

MLS: Realcomp #20250004252

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