tomo logo

$76,999

Beds
3
Baths
1.0
sq ft
1,167

9610 Grandmont Ave, Detroit, MI 48227

9610 Grandmont Ave

Detroit, MI 48227

  • 296 days on market
    • Price drop $3,000↓
We are excited to announce your next investment opportunity. Located in the Joy Community of Detroit, this beautiful brick bungalow style home offers three bedrooms and one bathroom. Charming style with fireplace and hardwood floors. This home also has a basement area to expand your living space and additional storage. There is a side driveway for additional parking. This home is located only 7 minutes away from Jordan Collage and a 17 minute drive from downtown Detroit. Very convenient location with close proximity to many schools, places of worship, shopping facilities and public transit. Don’t miss out on this great opportunity to invest in your next rental property! All of our listings come with built-in property management for seamless, turnkey investments. Our full-service approach covers everything from construction completion to tenant placement and ongoing management. Services include comprehensive property management, tenant screening, financial reporting, legal compliance, and streamlined communication.

Details

Property type

Single Family Residence

Est. home value

$56,694

Lot size

4,356 sq ft

Price per sq ft

$66

Year built

1940

Annual property taxes

$1,648

Price History

09/20/2024
Realcomp

Realcomp #20240012840

Price change
$76,999
-3.75%
07/29/2024
Realcomp

Realcomp #20240012840

Price change
$79,999
+1.26%
06/24/2024
Realcomp

Realcomp #20240012840

Price change
$79,000
-20.2%

Schools & Community

Neighborhood: 

Grandale

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

Michigan Homeowner Assistance Nonprofit

Loan start date

April 2015

Original loan amount

$5,436

Est. remaining balance

Not provided

Interest rate

3.86%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Joan Wheeler

Lender

Michigan Homeowner Assistance Nonprofit

Loan start date

April 2015

Original loan amount

$5,436

Est. remaining balance

Not provided

Interest rate

3.86%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Joan Wheeler

Lender

Financial Freedom Senior Funding Corp

Loan start date

December 2005

Original loan amount

$123,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

James L Wheeler and Joan Wheeler

Lender

Financial Freedom Senior Funding Corp

Loan start date

December 2005

Original loan amount

$123,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

James L Wheeler and Joan Wheeler

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: 12/22/2024 at 3:00 PM

Listing updated: 12/22/2024 at 10:10 AM

Listed by: Connae Pisani, NREMG Realty Phone #: (313) 763-0323

MLS: Realcomp #20240012840

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