tomo logo

$250,000

Beds
3
Baths
1.0
sq ft
964

21373 Reimanville Ave, Ferndale, MI 48220

21373 Reimanville Ave

Ferndale, MI 48220

  • 15 days on market
    • Price drop $10,000↓
    • Open house Feb 23
**OPEN HOUSE SUNDAY 2/23 FROM 12PM-2PM.** Welcome to this beautifully updated 3-bedroom, 1-bathroom bungalow in the heart of Ferndale! Step inside to a bright and inviting living room filled with natural light. The stylish eat-in kitchen boasts stainless steel appliances, modern finishes, and plenty of space for dining. Two comfortable bedrooms are located on the main level, while the spacious upper-level bedroom offers added privacy and versatility. The basement features a dedicated laundry area and is ready for your finishing touches. Outside, enjoy a fully fenced backyard with a designated gardening space and a convenient storage shed. Additional updates include the furnace and A/C (2018).

Details

Property type

Single Family Residence

Est. home value

$212,008

Lot size

4,792 sq ft

Price per sq ft

$260

Year built

1948

Annual property taxes

$885

Price History

02/13/2025
Realcomp

Realcomp #58050166188

Price change
$250,000
-3.85%
02/07/2025
Realcomp

Realcomp #58050166188

Listed
$260,000
+23.87%
07/14/2022
Realcomp

Realcomp #2220042782

Sold
$209,900
+133.22%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

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

$34,336
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$195,664
Cash to seller
$34,336

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

Seller’s Loan History

Lender

Platinum Home Mortgage Corp

Loan start date

July 2022

Original loan amount

$203,603

Est. remaining balance

$195,664

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Annie Adragna

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: 02/23/2025 at 11:00 AM

Listing updated: 02/19/2025 at 5:19 PM

Listed by: Dylan Jennings, Dylan Jennings, Realteam Real EstateRealteam Real Estate Phone #: (586) 580-8092

MLS: Realcomp #58050166188

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