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$210,000

Beds
2
Baths
1.0
sq ft
886

1970 Farrow St, Ferndale, MI 48220

1970 Farrow St

Ferndale, MI 48220

  • Coming soon
Cute and cozy Ferndale ranch bursting with light and color! Enter to a sunny enclosed porch currently used as a dining space. Living room has huge garden window and sky light, lending a light and spacious feel to this comfortable space. Two bedrooms share a full bath with charming exposed brick. Primary bed has second enclosed porch space currently used as closet/dressing area. Kitchen has plenty of prep and storage space and updated SS appliances. Large mud room off the back has sliding door to stone-tiled patio. Basement is unfinished but offers plenty of useable space. Extra deep yard has privacy fence and raised garden beds. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$201,982

Lot size

4,356 sq ft

Price per sq ft

$238

Year built

1925

Annual property taxes

$3,784

Price History

06/14/2018
Realcomp

Realcomp #218034442

Sold
$140,000

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

$47,465
Asking price
$210,000
Closing costs (~8% of asking)
-$16,800
Est. remaining loan balance
-$145,735
Cash to seller
$47,465

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

Seller’s Loan History

Lender

Mortgage Center Llc

Loan start date

December 2020

Original loan amount

$159,125

Est. remaining balance

$145,735

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Laurel K Branstrom

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: Coming Soon

Tomo last checked: 09/25/2024 at 11:20 AM

Listing updated: 09/25/2024 at 6:11 AM

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

MLS: Realcomp #20240071053

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