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$295,000

Beds
3
Baths
1.5
sq ft
2,082

21124 Willow Ln, Farmington Hills, MI 48336

21124 Willow Ln

Farmington Hills, MI 48336

  • 21 days on market
    • Price drop $5,000↓
    • Open house Nov 24
Experience the perfect blend of serene country living and modern convenience with this beautiful farm house. This peaceful retreat offers city amenities while embracing the charm of rural life. This property sits on a branch of the Rouge River, steps down to the running stream to enjoy the sound of the river or drop in a fishing line to experience a quiet fishing experience. Next summer will bring fun times in the pool or fun times planting your garden, storing all your garden equipment in your garden shed. The chicken coop is negotiable if you'd like a working farm. The inside features luxury vinyl flooring throughout most of the first floor. The upstairs features 3 bedrooms and a study/office. The Office could double as a 4th bedroom. New furnace and newer hot water heater. Come take a look. This property has a three car garage with attached mud room. This home offers tranquility without sacrificing convenience, located close to shopping and highways for easy commute anywhere. Back on the market buyers got cold feet.

Details

Property type

Single Family Residence

Est. home value

$269,088

Lot size

0.79 acres

Price per sq ft

$142

Year built

1928

Annual property taxes

$4,623

Price History

11/17/2024
Realcomp

Realcomp #20240082630

Price change
$295,000
-1.67%
11/17/2024
Realcomp

Realcomp #20240082630

Listed
$300,000
11/07/2024
Realcomp

Realcomp #20240082630

Pending
$300,000

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

$122,523
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$148,877
Cash to seller
$122,523

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

Seller’s Loan History

Lender

Lake Michigan Cu

Loan start date

April 2021

Original loan amount

$161,500

Est. remaining balance

$148,877

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Deborah M Shappee and Joseph E Shappee

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 10:00 PM

Listing updated: 11/18/2024 at 8:30 PM

Listed by: Vita Good, National Realty Centers, Inc Phone #: (248) 468-1444

MLS: Realcomp #20240082630

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