tomo logo

$220,000

Beds
2
Baths
1.0
sq ft
936

1537 W Marshall St, Ferndale, MI 48220

1537 W Marshall St

Ferndale, MI 48220

  • 30 days on market
OPEN HOUSE SATURDAY, NOVEMBER 23rd from 12-2pm!!! Nestled just a few blocks from vibrant downtown Ferndale, this beautifully updated ranch is the perfect blend of cozy charm and modern convenience. From the moment you step onto the inviting enclosed front porch, you'll feel right at home. Inside, the spacious living room flows seamlessly into a large dining area, which also offers flexibility as a home office—perfect for today's lifestyles. The wide galley kitchen features white cabinets with organizers, sleek neutral countertops, and newer stainless steel appliances, including a double-door fridge and dishwasher, plus plenty of creative storage options to keep everything tidy. The modern bathroom is a standout, with a re-glazed tub, updated black vanity, and ceramic tile. Two generous bedrooms include deep closets, with a massive hallway closet for extra storage. This home has been meticulously maintained and thoughtfully updated, with nothing left to do but move right in. Enjoy details like newer light fixtures, custom flower boxes, and stylish crown and chair rail molding. The bonus laundry/mud/storage room off the side entry adds even more convenience. The oversized fenced backyard offers ample space to create your own outdoor oasis, and the oversized two-car garage provides plenty of room for storage or hobbies. With updates like new central air, HVAC, roof, driveway, and an encapsulated crawl space, this home is truly worry-free. This is the one you've been waiting for—welcome to your next chapter in Ferndale!

Details

Property type

Single Family Residence

Est. home value

$231,850

Lot size

8,712 sq ft

Price per sq ft

$236

Year built

1920

Annual property taxes

$4,576

Price History

11/22/2024
Realcomp

Realcomp #20240088146

Listed
$220,000
+62.96%
02/15/2019
Realcomp

Realcomp #219000605

Sold
$135,000
+12.5%
08/07/2017
Realcomp

Realcomp #217057804

Sold
$120,000
+81.82%

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

$83,037
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$119,363
Cash to seller
$83,037

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

Seller’s Loan History

Lender

Independent Bank

Loan start date

April 2020

Original loan amount

$132,000

Est. remaining balance

$119,363

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Lauiren Gow

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: 12/22/2024 at 8:10 PM

Listing updated: 11/23/2024 at 2:15 PM

Listed by: Vesta M Koch, Keller Williams Premier Phone #: (248) 394-0400

MLS: Realcomp #20240088146

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