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$335,000

Beds
3
Baths
2.0
sq ft
1,242

1577 W 9 Mile Rd, Ferndale, MI 48220

1577 W 9 Mile Rd

Ferndale, MI 48220

  • 5 days on market
Gorgeous ranch home just listed for sale in Ferndale. Featuring 3 bedrooms, 2 full baths, and over 1,200 square feet on the main level, this home is ideally located just a short walk away from Downtown. Enter through the front door and enjoy the comfort of the oversized living room and hardwood floors throughout. Step outside to the fully fenced, large backyard where you'll find a generously sized patio and a 3 car garage with insulated walls, epoxy finished floors, and an 80,000 BTU mounted, thermostat controlled heater. Additional features include a completely remodeled main floor bathroom (2023), refinished basement bathroom (2022), updated roof (2018), and repainted main floor living room and bedrooms. All appliances stay.

Details

Property type

Single Family Residence

Est. home value

$359,578

Lot size

8,712 sq ft

Price per sq ft

$270

Year built

1960

Annual property taxes

$7,841

Price History

09/30/2024
Realcomp

Realcomp #20240073463

Listed
$335,000
+71.79%
04/20/2016
Realcomp

Realcomp #216041149

Sold
$195,000

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

$118,829
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$189,371
Cash to seller
$118,829

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

June 2020

Original loan amount

$225,900

Est. remaining balance

$189,371

Interest rate

3.26%

Loan type

Not Provided, 20 year

Seller

Gerrett Willobee

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: 10/05/2024 at 9:20 PM

Listing updated: 10/04/2024 at 12:11 AM

Listed by: Matthew T Pindera, Oakland Real Estate Group, Inc Phone #: (248) 800-5005

MLS: Realcomp #20240073463

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