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$306,900

Beds
3
Baths
2.0
sq ft
1,190

1687 Albany St, Ferndale, MI 48220

1687 Albany St

Ferndale, MI 48220

  • 62 days on market
    • Price drop $3,000↓
Nestled in the heart of Ferndale Step inside this beautiful bungalow This charming home offers the perfect place for those seeking both sereneness and convenience. This bungalow features an updated kitchen with quartz countertops, new tile floor and hardwood throughout the main level. The finished basement offers additional living space for your family's needs. The exterior of this home is equally attractive. The privacy fenced backyard, deck and yard provide ample space to enjoy time outside. Plus, being located in the heart of Ferrndale means you will have easy access to an array of amenities, including shopping, dining, parks and entertainment options, all just moments away. This beautiful home offers a perfect balance of indoor and outdoor space to enjoy throughout the year.

Details

Property type

Single Family Residence

Est. home value

$278,692

Lot size

6,098 sq ft

Price per sq ft

$258

Year built

1942

Annual property taxes

$4,771

Price History

11/07/2024
Realcomp

Realcomp #81024049918

Price change
$306,900
-0.97%
10/20/2024
Realcomp

Realcomp #81024049918

Price change
$309,900
-3.13%
09/20/2024
Realcomp

Realcomp #81024049918

Listed
$319,900
+15.91%

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

$18,252
Asking price
$306,900
Closing costs (~8% of asking)
-$24,552
Est. remaining loan balance
-$264,096
Cash to seller
$18,252

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2023

Original loan amount

$267,720

Est. remaining balance

$264,096

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Yacine Boujghouad

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: 11/22/2024 at 9:50 AM

Listing updated: 11/07/2024 at 1:40 PM

Listed by: Michael Dimitrieski, Property Marketplace Phone #: (248) 330-4421

MLS: Realcomp #81024049918

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