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$199,900

Beds
2
Baths
1.0
sq ft
727

2120 Martin Rd, Ferndale, MI 48220

2120 Martin Rd

Ferndale, MI 48220

  • 64 days on market
Welcome home! This 2-bedroom, 1-bath home is the perfect starter home, turnkey investment, or rental to add to your portfolio. Situated in the beautiful city of Ferndale, this property is located in a fantastic neighborhood that’s great for starting a family. It’s priced to sell and offers incredible convenience, with Detroit Fleet just down the street, Downtown Ferndale and Royal Oak moments away, and Downtown Detroit just a 10-minute drive. The home features a nearly brand-new AC unit and hot water tank, a completely renovated kitchen with brand-new appliances, and fresh paint throughout the interior. New flooring and contemporary fixtures give the space a modern and inviting feel. Enjoy the large backyard, perfect for entertaining, along with a 1-car garage for added storage and convenience. This move-in-ready gem won’t last long—schedule your showing today and submit your offer before it’s gone!

Details

Property type

Single Family Residence

Est. home value

$184,734

Lot size

4,356 sq ft

Price per sq ft

$275

Year built

1949

Annual property taxes

$3,212

Price History

10/19/2024
Realcomp

Realcomp #20240079289

Listed
$199,900
+25.02%
08/09/2024
Realcomp

Realcomp #20240052591

Sold
$159,900
07/23/2024
Realcomp

Realcomp #20240052591

Pending
$159,900

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

$75,817
Asking price
$199,900
Closing costs (~8% of asking)
-$15,992
Est. remaining loan balance
-$108,091
Cash to seller
$75,817

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

Seller’s Loan History

Lender

The Huntington National Bank

Loan start date

January 2020

Original loan amount

$119,557

Est. remaining balance

$108,091

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Julie L Huston

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: 12/22/2024 at 9:00 PM

Listing updated: 11/22/2024 at 12:45 PM

Listed by: Pavan Purusothaman, The Paingol Group Realtors Inc Phone #: (734) 674-1927

MLS: Realcomp #20240079289

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