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$359,000

Beds
4
Baths
3.0
sq ft
2,356

20840 Orchard Lake Rd, Farmington Hills, MI 48336

20840 Orchard Lake Rd

Farmington Hills, MI 48336

  • 19 days on market
Welcome to 20840 Orchard Lake Rd! This 4-bed, 3-bath home, with flex room providing office space, or 5th bedroom, offers city convenience with UpNorth charm. Enjoy a spacious open layout, a large kitchen with ample cabinet space and all appliances included, and natural light throughout. The master bath features an oversized jacuzzi tub. Situated on a nearly 1-acre lot in Farmington Hills, the backyard feels like a private oasis with mature trees and a cemented patio. Parking is plentiful. Move-in ready with central heating, AC, and a newer water heater. Experience the best of both worlds--city living with a peaceful retreat!

Details

Property type

Single Family Residence

Lot size

0.92 acres

Price per sq ft

$153

Year built

2006

Annual property taxes

$4,776.08

Price History

06/11/2024
Realcomp

Realcomp #81024029425

Listed
$359,000
-2.18%
06/01/2024
Realcomp

Realcomp #81024019521

Removed
$367,000
04/23/2024
Realcomp

Realcomp #81024019521

Listed
$367,000
+205.83%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Clarenceville

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

$213,375
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$116,905
Cash to seller
$213,375

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

Seller’s Loan History

Lender

Genisys Cu

Loan start date

February 2021

Original loan amount

$126,500

Est. remaining balance

$116,905

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Claudia Lupus

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: 06/30/2024 at 10:40 PM

Listing updated: 06/16/2024 at 2:53 PM

Listed by: Michael Rusnak, Phone #: (734) 459-4700

MLS: Realcomp #81024029425

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