tomo logo

$899,900

Beds
4
Baths
4.0
sq ft
3,422

124 Ferndale Ave, Rochester, MI 48307

124 Ferndale Ave

Rochester, MI 48307

  • 55 days on market
    • Price drop $50,000↓
Enjoy living in downtown Rochester on a double lot with two garages that fit 4 cars! This gorgeous custom 3422 square foot home was remodeled and added on to by Bloomingdale Construction in 2016. The home offers an open concept that was built with quality material and extensive hardwood floors throughout the home. Large foyer with dual closets. Nice size great room with gas fireplace. Large kitchen with an abundance of cabinets, quartz counter tops, stainless steel appliances, vented fan, center island with breakfast bar and opens to the dining room. Two large master suites with one located on the main level and the other on the second floor. The main floor suite offers an oversized walk-in closet with an Elfa custom system, and full bathroom with heated tile floor, nice size vanity, mirrored medicine cabinet, soaking tub and large stall shower. The second level master suite offers his and her walk-in closets with an Elfa custom system, sitting room, full bathroom with heated tile floor, dual vanities, dual mirrored medicine cabinets, soaking tub and large stall shower. Two additional large bedrooms on the second level. Two laundry rooms. One located on the main level with two large closets and the other on the second floor. Beautifully landscaped with a large front porch. Two garages! One is the oversized two car attached garage and the other is a two car detached garage located next to the Tuff shed that is included with the home. Dual furnaces and air conditioners. The new addition has Anderson Windows. Plenty of storage on all three levels. There are plans to repave the alley near the home. Enjoy short walks to restaurants, shopping, parks and the Paint Creek Trail. You won't be disappointed!!!

Details

Property type

Single Family Residence

Est. home value

$755,232

Lot size

0.32 acres

Price per sq ft

$263

Year built

1954

Annual property taxes

$9,771

Price History

11/14/2024
Realcomp

Realcomp #20240072981

Price change
$899,900
-5.26%
10/28/2024
Realcomp

Realcomp #20240072981

Price change
$949,900
-2.57%
09/27/2024
Realcomp

Realcomp #20240072981

Listed
$975,000
+186.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Rochester

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

$668,412
Asking price
$899,900
Closing costs (~8% of asking)
-$71,992
Est. remaining loan balance
-$159,496
Cash to seller
$668,412

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

June 2020

Original loan amount

$213,300

Est. remaining balance

$159,496

Interest rate

2.8%

Loan type

New Conventional, 15 year

Seller

Julie M Benton

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: 11/22/2024 at 9:40 AM

Listing updated: 11/14/2024 at 9:45 PM

Listed by: Mary Michalek, Real Estate One-Rochester Phone #: (248) 652-6500

MLS: Realcomp #20240072981

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