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$190,000

Beds
2
Baths
1.0
sq ft
728

1955 Almont St, Ferndale, MI 48220

1955 Almont St

Ferndale, MI 48220

  • 15 days on market
This charming ranch in Ferndale offers a cozy and updated interior with two bedrooms, a beautifully renovated full bath, and gleaming hardwood floors throughout. The living room welcomes you with coved ceilings, tons of natural light, and an easy flow into the kitchen, which features modern appliances, a custom backsplash, and convenient in-unit laundry. The bathroom is fully updated with stylish tilework, a sleek vanity, and a walk-in shower. Outside, you'll love the private fenced backyard with plenty of space to relax, complete with a detached garage for extra storage. Just a short walk to Martin Road Park and a quick bike ride to downtown Ferndale. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$179,725

Lot size

4,356 sq ft

Price per sq ft

$261

Year built

1949

Annual property taxes

$3,427

Price History

10/21/2024
Realcomp

Realcomp #20240079476

Listed
$190,000
+54.47%
09/10/2018
Realcomp

Realcomp #218055404

Sold
$123,000

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

$116,929
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$57,871
Cash to seller
$116,929

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2018

Original loan amount

$65,000

Est. remaining balance

$57,871

Interest rate

4.54%

Loan type

New Conventional, 30 year

Seller

David May

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: 11/05/2024 at 10:15 AM

Listing updated: 10/25/2024 at 6:15 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240079476

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