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$289,000

Beds
3
Baths
2.0
sq ft
1,302

159 Penhill St, Novi, MI 48377

159 Penhill St

Novi, MI 48377

  • Pending
Welcome to 159 Penhill Street, a beautifully remodeled 3-bedroom, 2-bathroom ranch just steps from Walled Lake! Updated in 2021, this home features a bright, open layout with modern finishes, a privacy-fenced backyard, and a 1-car detached garage. Move-in ready and waiting for you! Schedule your showing today! Listing agent is related to the seller.

Details

Property type

Single Family Residence

Est. home value

$298,536

Lot size

7,841 sq ft

Price per sq ft

$222

Year built

1957

Annual property taxes

$3,802

Price History

01/19/2025
Realcomp

Realcomp #20240093334

Pending
$289,000
12/20/2024
Realcomp

Realcomp #20240093334

Listed
$289,000
+13.33%
12/10/2021
Realcomp

Realcomp #2210060845

Sold
$255,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Walled Lake

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

$31,901
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$233,979
Cash to seller
$31,901

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

December 2021

Original loan amount

$250,381

Est. remaining balance

$233,979

Interest rate

3.09%

Loan type

FHA, 30 year

Seller

Debra Wagner and Brent Wagner

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: Pending/Under Contract

Tomo last checked: 01/22/2025 at 3:50 PM

Listing updated: 01/19/2025 at 10:55 AM

Listed by: Nancy J Rademacher, KW Professionals Brighton Phone #: (810) 224-7900

MLS: Realcomp #20240093334

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