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$339,900

Beds
3
Baths
1.5
sq ft
1,543

143 E Cambourne St, Ferndale, MI 48220

143 E Cambourne St

Ferndale, MI 48220

  • 15 days on market
Your Dream Home Awaits! Discover the ideal blend of location and charm in this beautifully updated Ferndale gem, just steps from everything you need. With its classic curb appeal and inviting covered front porch, this home exudes character from the moment you arrive. Step inside to find a freshly painted interior showcasing stained trim and refinished hardwood floors throughout. The spacious living room features a cozy gas fireplace flanked by built-ins and accented with stunning stained glass. The elegant dining room boasts a coffered ceiling and a stylish updated chandelier, setting the perfect tone for gatherings. The family room, enhanced by glass French doors, offers an abundance of natural light and seamlessly extends your living space. The sharp kitchen comes equipped with a gas range, ideal for culinary enthusiasts. Retreat to the oversized primary suite, complete with generous windows and ample closet space. The upper bath is nicely sized with ceramic finishes, while the newly renovated half bath in the basement adds convenience. Step outside to an incredible sunken patio—perfect for entertaining or relaxing in the fresh air. Recent updates include a new boiler (2016), fresh paint in multiple rooms (2024), and new carpet on the stairs (2024). The home also boasts a newer roof, numerous updated windows, and an upgraded electrical panel. 3rd floor attic space affords wonderful storage or opportunity to finish for additional hang out space/office/flex space. Don’t miss your chance to celebrate the holidays in this stunning home, located in the heart of northern Ferndale!

Details

Property type

Single Family Residence

Est. home value

$377,279

Lot size

6,970 sq ft

Price per sq ft

$221

Year built

1914

Annual property taxes

$8,066

Price History

11/06/2024
Realcomp

Realcomp #20240084010

Listed
$339,900
+23.6%
10/25/2019
Realcomp

Realcomp #219100061

Sold
$275,000
+21.11%
06/02/2014
Realcomp

Realcomp #214034258

Sold
$227,063

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

$108,682
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$204,026
Cash to seller
$108,682

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

October 2019

Original loan amount

$227,500

Est. remaining balance

$204,026

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Michael R Layer and Elizabeth A Layer

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 3:20 PM

Listing updated: 11/18/2024 at 9:00 AM

Listed by: Greg Barnas, Sine & Monaghan, LLC Phone #: (248) 549-7400

MLS: Realcomp #20240084010

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