tomo logo

$599,000

Beds
4
Baths
2.5
sq ft
1,624

909 S Lafayette Ave, Royal Oak, MI 48067

909 S Lafayette Ave

Royal Oak, MI 48067

  • 4 days on market
    • Open house Jul 07
Welcome to this charming, updated colonial just steps to downtown Royal Oak. Outside, you'll be greeted by the updated covered front porch including a sun shade, perfect for enjoying the downtown atmosphere while still having privacy when needed. Newer vinyl siding/windows, landscaping with patio and fencing, driveway, shed, paint, and raised garden beds make the outside ready for any occasion. Inside, you will find an amazing first floor covered with hardwood floors throughout the living room, formal dining area, and an office space complete with floating shelves. Convenient half bath on first floor. In the updated kitchen, you will find new stainless steel appliances, granite countertops and updated hardware/fixtures. Upstairs is complemented by three bedrooms and a full bath that has been completely refinished with new tile, vanity, and fixtures. Master bedroom has a rare large second floor balcony to enjoy an additional private outdoor space. The newly finished basement is perfect for hosting with an additional living room, 4th bedroom with full egress window, not to mention a new second full bath. Downstairs you will also find a large utility room with built in storage, a new washer/dryer, as well as a new hot water heater and electrical panel. Additional interior upgrades include fresh paint, blinds, smoke detectors, locks, and light fixtures throughout. Seller has also improved attic insulation and replaced all galvanized water lines behind the walls including underground to the street. The 1 car garage with newer door and an EV charger hookup is ready for your future needs. This one won't last long!

Details

Property type

Single Family Residence

Est. home value

$406,036

Lot size

3,485 sq ft

Price per sq ft

$369

Year built

1910

Annual property taxes

$5,664

Price History

06/27/2024
Realcomp

Realcomp #20240046006

Listed
$599,000
+66.85%
10/28/2020
Realcomp

Realcomp #2200062860

Sold
$359,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Royal Oak

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

$287,267
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$263,813
Cash to seller
$287,267

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2020

Original loan amount

$287,200

Est. remaining balance

$263,813

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Austin John Kendall and Anna Ruth Lopynski Kendall

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: 07/02/2024 at 7:00 PM

Listing updated: 07/02/2024 at 12:23 PM

Listed by: John Farhat, KW Metro Phone #: (248) 288-3500

MLS: Realcomp #20240046006

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