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$425,000

Beds
4
Baths
2.5
sq ft
2,120

18977 Faulman Rd, Clinton Township, MI 48035

18977 Faulman Rd

Clinton Twp, MI 48035

  • 94 days on market
This Beautiful 2018 Colonial features 4 bedrooms, 2.5 bathrooms with over 2,100 sqft and a finished basement with egress (pool table stays). The home sits on just under a 1/2 acre, located at 16 mile and Kelly. The home has hardwood floors through the main level, brand new carpet upstairs, with a gas fireplace in the family room, and a den overlooking the front lawn. Upper Level Laundry. The kitchen has granite countertops, newer appliances and ceramic floor. The kitchen doorwall opens up to a large backyard with stamped concrete patio (built in lighting), a stone filled fire pit area, a shed and garden in the back of the yard. The 2 car attached garage is insulated and drywalled with a smart garage door opener. The driveway is extra wide, leaving room for recreation vehicles or extra parking. The home has a exterior camera security system overlooking the front door and back patio. Home features a deduct water meter (saves money by not metering outdoor water usage, perfect for sprinklers and pools).

Details

Property type

Single Family Residence

Est. home value

$392,900

Lot size

0.47 acres

Price per sq ft

$201

Year built

2018

Annual property taxes

$6,496

Price History

08/20/2024
Realcomp

Realcomp #20240061967

Listed
$425,000
+47.57%
11/21/2019
Realcomp

Realcomp #219099184

Sold
$288,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Fraser

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

$177,632
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$213,368
Cash to seller
$177,632

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2021

Original loan amount

$230,400

Est. remaining balance

$213,368

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Alvin Thornton and Stephanie Thornton

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 4:45 PM

Listing updated: 10/28/2024 at 1:35 PM

Listed by: James R Turner, EXP Realty Romeo Phone #: (586) 372-6057

MLS: Realcomp #20240061967

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