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$153,745Estimated home value

Beds
2
Baths
1.0
sq ft
682

1661 Channing St, Ferndale, MI 48220

1661 Channing St

Ferndale, MI 48220

  • Sold On 8/7/2024
    • Price drop $9,500↓
Welcome to 1661 Channing Street, a beautifully updated home offering modern living in a convenient location. This 2-bedroom, 1-bathroom residence has been completely updated with a modern touch. The kitchen, bathrooms, flooring, and painting have all been refreshed to provide a stylish and comfortable living space. Situated in a highly convenient area, this home offers easy access to the freeway, shopping centers, restaurants, and other amenities. Enjoy privacy in the fenced backyard, perfect for outdoor activities and entertaining. Buyers and their agents should verify all information provided. Room measurements are estimated. Don't miss this opportunity to own a beautifully updated home in Ferndale. Contact us today to schedule a viewing and experience the comfort and convenience this home has to offer!

Details

Property type

Single Family Residence

Est. home value

$153,745

Lot size

4,356 sq ft

Price per sq ft

$292

Year built

1952

Annual property taxes

$4,401

Price History

08/05/2024
Realcomp

Realcomp #20240017200

Sold
$182,000
-8.54%
07/21/2024
Realcomp

Realcomp #20240017200

Pending
$199,000
06/18/2024
Realcomp

Realcomp #20240017200

Price change
$199,000
-4.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park

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

$106,225
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$76,855
Cash to seller
$106,225

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

Seller’s Loan History

Lender

Kaye Financial Corp

Loan start date

July 2021

Original loan amount

$82,500

Est. remaining balance

$76,855

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Avetis Avetisyan

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: Off Market

Tomo last checked: 10/05/2024 at 9:35 PM

Listing updated: 08/19/2024 at 1:23 PM

Listed by: Xu Jiang, Real Estate One-Troy Phone #: (248) 813-4900

MLS: Realcomp #20240017200

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