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$259,900

Beds
2
Baths
2.0
sq ft
1,250

8900 E Jefferson Ave Unit 1114, Detroit, MI 48214

8900 E Jefferson Ave Unit 1114

Detroit, MI 48214

  • 141 days on market
    • Price drop $90,000↓
MAJOR PRICE REDUCTION ON WATERFRONT VIEW. Seller relocating. This 2 bedroom, 11th floor unit is a complete rehab for easy, stress-free living. 1203 sq ft of open floor plan and private bedrooms with their own baths makes coming and staying home a priority. Built-in new appliances, granite counters and epoxy covered flooring provides easy clean-ups and for abundant entertainment. Utilities along with 24 hr security are included in the monthly association fee. Marina right next door. This is a must see and possibly a once in a lifetime opportunity. Prepare for HOA Board interview from caring neighbors.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$208

Year built

1966

Monthly HOA fee

$1,415

Price History

06/06/2024
Realcomp

Realcomp #20240008423

Price change
$259,900
-25.72%
02/12/2024
Realcomp

Realcomp #20240008423

Listed
$349,900
-0.03%
02/03/2024
Realcomp

Realcomp #20230078378

Removed
$350,000

Schools & Community

Neighborhood: 

Joseph Barry Subdivision

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

Towne Mortgage Co

Loan start date

July 2017

Original loan amount

$175,500

Est. remaining balance

Not provided

Interest rate

3.94%

Loan type

Commercial, 30 year

Seller

Erika Batchelor

Lender

Towne Mortgage Co

Loan start date

July 2017

Original loan amount

$175,500

Est. remaining balance

Not provided

Interest rate

3.94%

Loan type

Commercial, 30 year

Seller

Erika Batchelor

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: 07/02/2024 at 7:05 PM

Listing updated: 06/22/2024 at 4:48 PM

Listed by: Dorian P Harvey, KW City Phone #: (313) 880-1022

MLS: Realcomp #20240008423

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