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$269,837Estimated home value

Beds
3
Baths
2.0
sq ft
906

1216 W Marshall St, Ferndale, MI 48220

1216 W Marshall St

Ferndale, MI 48220

  • Sold On 9/13/2024
Welcome to this charming 3-bedroom, 2-bathroom bungalow, ideally located close to downtown Ferndale. This home boasts a fenced-in yard, perfect for pets, children, or gardening enthusiasts. Inside, you'll find sun-filled rooms that create a bright and cheerful living space. The detached 2.5 car garage provides ample room for vehicles and extra storage. The roof, updated in 2016, ensures durability and peace of mind. Enjoy the convenience of being near shopping, dining, and major commuting routes, making everyday life a breeze. Don’t miss the opportunity to own this beautiful bungalow in a sought-after location!

Details

Property type

Single Family Residence

Est. home value

$269,837

Lot size

6,098 sq ft

Price per sq ft

$304

Year built

1945

Annual property taxes

$5,558

Price History

09/11/2024
Realcomp

Realcomp #20240055111

Sold
$265,000
-3.6%
07/29/2024
Realcomp

Realcomp #20240055111

Listed
$274,900
+16.48%
01/31/2022
Realcomp

Realcomp #2210102270

Sold
$236,000

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

$33,742
Asking price
$274,900
Closing costs (~8% of asking)
-$21,992
Est. remaining loan balance
-$219,166
Cash to seller
$33,742

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2022

Original loan amount

$231,725

Est. remaining balance

$219,166

Interest rate

3.12%

Loan type

FHA, 30 year

Seller

Daniel Plater

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: 09/19/2024 at 3:05 PM

Listing updated: 09/13/2024 at 3:15 PM

Listed by: Vera Khoury, Anthony Djon Luxury Real Estate Phone #: (248) 747-4834

MLS: Realcomp #20240055111

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