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$234,243Estimated home value

Beds
3
Baths
1.5
sq ft
2,147

11847 Farnum Ave, Warren, MI 48093

11847 Farnum Ave

Warren, MI 48093

  • Sold On 11/5/2024
Welcome home to this delightful 3 bedroom brick ranch! As you step inside, you'll be greeted by gleaming hardwood floors that lead into the expansive great room, featuring classic cove ceilings and large vinyl windows that let in plenty of natural light. The bright kitchen boasts ample counter space and comes equipped with newer matte stainless steel appliances. The hardwood floors extend into the three generous bedrooms, each fitted with convenient closet organizers. The partially finished basement offers a flexible space that can serve as a 4th bedroom or office, complete with a wet bar and dishwasher—perfect for entertaining family and friends! Enjoy the large fenced backyard with a back patio, along with a two-car attached garage featuring an insulated door. New roof (2022) with transferrable warranty!

Details

Property type

Single Family Residence

Est. home value

$234,243

Lot size

7,405 sq ft

Price per sq ft

$119

Year built

1963

Annual property taxes

$3,332

Price History

11/04/2024
MiRealSource

MiRealSource #50155568

Sold
$246,000
-3.49%
10/07/2024
MiRealSource

MiRealSource #50155568

Pending
$254,900
09/24/2024
MiRealSource

MiRealSource #50155568

Price change
$254,900
+2%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Woods Public Schools

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

$131,130
Asking price
$254,900
Closing costs (~8% of asking)
-$20,392
Est. remaining loan balance
-$103,378
Cash to seller
$131,130

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

Seller’s Loan History

Lender

Carrington Mortgage Services Llc

Loan start date

April 2021

Original loan amount

$112,498

Est. remaining balance

$103,378

Interest rate

2.73%

Loan type

FHA, 30 year

Seller

Charles Robert Demoss Iii

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: Off Market

Tomo last checked: 11/09/2024 at 11:50 AM

Listing updated: 11/05/2024 at 10:16 PM

Listed by: Ed Martin, RE/MAX First Phone #: (586) 799-8000

MLS: MiRealSource #50155568

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