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$255,000

Beds
2
Baths
2.0
sq ft
898

1597 W Saratoga St, Ferndale, MI 48220

1597 W Saratoga St

Ferndale, MI 48220

  • 53 days on market
    • Price drop $14,900↓
Welcome home to this beautifully renovated bungalow, perfectly situated in the vibrant community of Ferndale! Updated from top to bottom in 2019, this move-in-ready gem offers modern comforts and timeless charm.Step inside to discover gleaming wood floors, a spacious primary suite with central air, and two updated full bathrooms. The kitchen boasts stainless steel appliances, blending style and functionality.Enjoy the outdoors with a large, private backyard that’s perfect for entertaining or relaxing. All this, just moments away from downtown Ferndale’s dining, shopping, and nightlife. Don’t miss this opportunity—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$245,053

Lot size

6,098 sq ft

Price per sq ft

$284

Year built

1921

Annual property taxes

$5,469

Price History

02/04/2025
Realcomp

Realcomp #20240094575

Price change
$255,000
-5.52%
12/31/2024
Realcomp

Realcomp #20240094575

Listed
$269,900
+3.81%
09/11/2023
Realcomp

Realcomp #20230064812

Sold
$260,000
+30%

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

-$8,660
Asking price
$255,000
Closing costs (~8% of asking)
-$20,400
Est. remaining loan balance
-$243,260
Cash to seller
-$8,660

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2023

Original loan amount

$247,000

Est. remaining balance

$243,260

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Brevin Mixon

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: 02/23/2025 at 2:55 PM

Listing updated: 02/04/2025 at 8:19 AM

Listed by: Melissa Hadsall, Metropolitan Real Estate Group Phone #: (248) 735-5860

MLS: Realcomp #20240094575

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