tomo logo

$699,000

Beds
5
Baths
4.5
sq ft
2,981

1030 Fairmount Dr, Ann Arbor, MI 48105

1030 Fairmount Dr

Ann Arbor, MI 48105

  • 93 days on market
    • Price drop $10,000↓
Welcome to 1030 Fairmount Drive, an exquisite residence nestled in the charming city of Ann Arbor, MI 48105. This spacious home offers the perfect blend of comfort and versatility with its impressive features. Boasting five bedrooms and four-and-a-half bathrooms, including an in-law suite and a finished basement, this property is ideal for families or those seeking ample living space. Built in 1984, this house presents a unique offering—an in-law suite complete with a separate deck, providing a private and accommodating space for extended family or guests. With its thoughtful design and modern amenities, this residence caters to a variety of lifestyles. The house also features a new roof installed in 2013, ensuring durability and peace of mind. Located just a short distance from the vibrant downtown Ann Arbor, residents can easily enjoy the renowned attractions and cultural offerings of the city. Embrace the opportunity to call 1030 Fairmount Drive your home—a place where comfort, versatility, and convenience converge harmoniously. The buyer will have the opportunity to personally measure the property and room sizes to ensure accuracy and suitability for their needs.

Details

Property type

Single Family Residence

Est. home value

$765,565

Lot size

0.23 acres

Price per sq ft

$235

Year built

1984

Annual property taxes

$11,514

Monthly HOA fee

$8.33

Price History

06/28/2024
Realcomp

Realcomp #20240020765

Price change
$699,000
-1.41%
06/17/2024
Realcomp

Realcomp #20240020765

Price change
$709,000
-1.39%
06/08/2024
Realcomp

Realcomp #20240020765

Price change
$719,000
-1.37%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ann Arbor

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

Dfcu Financial

Loan start date

June 2022

Original loan amount

$232,000

Est. remaining balance

Not provided

Interest rate

3.75%

Loan type

Credit Line (Revolving), 30 year

Seller

Rajaprabhakaran Rajarethinam and Sudha Rajaprabhakaran

Lender

Dfcu Financial

Loan start date

March 2020

Original loan amount

$53,000

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Credit Line (Revolving), 30 year

Seller

Rajaprabhakaran Rajarethinam and Sudha Rajarethinam

Lender

Dfcu Financial

Loan start date

December 2019

Original loan amount

$424,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Rajaprabhakaran Rajarethinam and Sudha Rajaprabhakaran

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: 07/04/2024 at 10:35 PM

Listing updated: 06/29/2024 at 4:23 PM

Listed by: Ajai J Alex, Clients First, REALTORS® Phone #: (734) 981-2900

MLS: Realcomp #20240020765

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