tomo logo

$280,000

Beds
3
Baths
2.0
sq ft
1,152

1150 Ferguson St, Lake Orion, MI 48362

1150 Ferguson St

Orion Twp, MI 48362

  • 6 days on market
OPEN HOUSE SATURDAY, SEPTEMBER 14th from 2pm-4pm! Welcome home to this spacious 3-bedroom, 2-full-bath ranch situated on a peaceful corner lot in a prime location. Featuring an updated eat-in kitchen with all appliances included, this home is perfect for everyday living and entertaining. Enjoy the warmth of the large family room with a gas fireplace and open floor-plan that leads you seamlessly into the kitchen. The dining area has a brand new door-wall that opens to the patio and private, fenced backyard—ideal for relaxing or hosting gatherings. The home boasts beautiful, new low-maintenance floors, updated bathrooms, a new deck and a recently repainted interior. The oversized 2-car garage provides ample space for storage and projects and recently had a new roof put on. Additional updates include new central air and furnace in 2021, a new dishwasher in 2021, and a well bladder tank replaced in 2022. Located in Lake Orion, this home offers easy access to two major Rails to Trails pathways, Oakland County Parks, and Bald Mountain State Park. Don’t miss out on this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$255,844

Lot size

0.36 acres

Price per sq ft

$244

Year built

1950

Annual property taxes

$2,860

Price History

09/11/2024
Realcomp

Realcomp #20240068129

Listed
$280,000
+13.36%
02/28/2022
Realcomp

Realcomp #2220003550

Sold
$247,000
+69.18%
11/25/2015
Realcomp

Realcomp #215093497

Sold
$146,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake Orion

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

$29,910
Asking price
$280,000
Closing costs (~8% of asking)
-$22,400
Est. remaining loan balance
-$227,690
Cash to seller
$29,910

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

February 2022

Original loan amount

$239,590

Est. remaining balance

$227,690

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

David Torres and Haley Torres

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: 09/17/2024 at 10:50 PM

Listing updated: 09/17/2024 at 7:11 AM

Listed by: Vesta M Koch, Keller Williams Premier Phone #: (248) 394-0400

MLS: Realcomp #20240068129

Realcomp logo

Recently listed in Orion Twp