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$235,000

Beds
3
Baths
1.5
sq ft
1,102

1331 E Bennett Ave, Ferndale, MI 48220

1331 E Bennett Ave

Ferndale, MI 48220

  • 2 days on market
Fabulous Ferndale gem! This 3-bedroom, 1 1/2 bath home has been totally updated in the past 2 to 3 years - open floor plan - laminate flooring throughout the first floor - kitchen features 42" soft close mahogany cabinets, pantry storage, granite countertops, under cabinet lighting & newer fixtures and cabinet hardware - bathrooms feature newer tile, vanities, & fixtures - 4 season sun porch - updated electrical panel - large fenced backyard, with deck & firepit - double wide driveway provides ample parking - large backyard storage shed - This home is in move-in condition - Immediate Occupancy!!

Details

Property type

Single Family Residence

Est. home value

$215,990

Lot size

4,792 sq ft

Price per sq ft

$214

Year built

1948

Annual property taxes

$5,683

Price History

03/12/2025
MiRealSource

MiRealSource #50168479

Listed
$235,000
+9.3%
02/10/2023
Realcomp

Realcomp #20221066021

Sold
$215,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park City School District

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

$10,409
Asking price
$235,000
Closing costs (~8% of asking)
-$18,800
Est. remaining loan balance
-$205,791
Cash to seller
$10,409

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

Seller’s Loan History

Lender

First State Bank

Loan start date

February 2023

Original loan amount

$211,105

Est. remaining balance

$205,791

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Sarah Lombardo and Hayley Ryan

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: 03/14/2025 at 1:45 PM

Listing updated: 03/13/2025 at 3:22 AM

Listed by: Richard F Kolb, Real Estate One Chesterfield Phone #: (586) 598-1400

MLS: MiRealSource #50168479

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