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$365,000

Beds
3
Baths
1.5
sq ft
1,112

1021 Pearson St, Ferndale, MI 48220

1021 Pearson St

Ferndale, MI 48220

  • Coming soon
    • Open house Nov 08
Wonderful Ferndale home with great updates and tons of original character! This lovely three-bedroom home greets you with fantastic curb appeal, featuring lush landscaping and classic charm. Step through the entry vestibule to a light-filled living room, where beautiful hardwood floors, a cozy natural fireplace, and built-in shelves create an inviting space for relaxation. The formal dining room flows seamlessly to a spacious back deck, perfect for entertaining or enjoying the private, fenced backyard. The kitchen boasts a unique custom tile backsplash, tile floors, and stainless steel appliances. Upstairs, you’ll find three bright bedrooms and a classic full bath. The finished basement adds a versatile space with a half bath, laundry, and ample storage. Complete with a detached two-car garage, this home is within walking distance of local schools and just blocks from downtown Ferndale’s vibrant dining and shopping scene. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$340,708

Lot size

4,792 sq ft

Price per sq ft

$329

Year built

1938

Annual property taxes

$6,107

Price History

08/01/2014
Realcomp

Realcomp #214060611

Sold
$205,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

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

$110,894
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$224,906
Cash to seller
$110,894

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

Seller’s Loan History

Lender

Hall Financinal Group

Loan start date

March 2020

Original loan amount

$257,095

Est. remaining balance

$224,906

Interest rate

3.45%

Loan type

New Conventional, 25 year

Seller

Chad Wroblewskl and Claire Wroblewskl

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: Coming Soon

Tomo last checked: 11/05/2024 at 7:05 PM

Listing updated: 11/05/2024 at 4:04 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240083409

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