tomo logo

$259,900

Beds
3
Baths
1.0
sq ft
1,456

218 Kensington Ave, Ferndale, MI 48220

218 Kensington Ave

Ferndale, MI 48220

  • 5 days on market
Without a doubt, the most home for the price in Ferndale. It's big, it's beautifully updated and you're going to love it! Sprawling ranch floor plan with nearly 1500 sqft of updates and flexible space. The heart of the home is an updated and expanded central kitchen with center island, stainless steel appliances, and granite counters. Live large in the formal living and family rooms, both accented with wainscoting and crown molding. Three spacious bedrooms including the primary offering a private retreat with dual closets and convenient first floor laundry and sliding door wall to deck. Conveniently located and updated hall bath has access from both living spaces. Step outside to the serene, private backyard featuring a wood deck perfect for entertaining, and a detached two-car garage. Bonus, unfinished basement for storage or workshop. It's unlikely a better deal will be had in Ferndale this year. Welcome Home!

Details

Property type

Single Family Residence

Lot size

3,049 sq ft

Price per sq ft

$179

Year built

1924

Annual property taxes

$2,070

Price History

01/16/2025
Realcomp

Realcomp #20240085691

Removed
$280,000
+7.73%
01/16/2025
Realcomp

Realcomp #20250003628

Listed
$259,900
-11.9%
11/13/2024
Realcomp

Realcomp #20240074695

Removed
$295,000
+5.36%

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

$126,996
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$112,112
Cash to seller
$126,996

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2021

Original loan amount

$140,000

Est. remaining balance

$112,112

Interest rate

2.24%

Loan type

Not Provided, 15 year

Seller

Jason Lynn and Nada Lynn

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?

Similar Homes Nearby

Realcomp
$255,000
3 bd
|
1.5 ba
|
1,273 sq ft
|
House

155 Ardmore Dr, Ferndale, MI 48220

Price drop
Realcomp
$270,000
3 bd
|
1 ba
|
1,179 sq ft
|
House

262 E Saratoga St, Ferndale, MI 48220

Realcomp
$250,000
3 bd
|
1.5 ba
|
1,652 sq ft
|
House

214 E Hazelhurst St, Ferndale, MI 48220

Status: Active

Tomo last checked: 01/22/2025 at 5:00 AM

Listing updated: 01/17/2025 at 6:05 AM

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

MLS: Realcomp #20250003628

Realcomp logo

Recently listed in Ferndale

$345,000|4 bd|1.0 ba|House
$240,000|2 bd|2.0 ba|House
$259,900|3 bd|1.0 ba|House
$229,900|3 bd|1.0 ba|House
$349,000|4 bd|2.0 ba|House
$235,000|2 bd|1.0 ba|House
$224,900|3 bd|1.0 ba|House
$164,900|3 bd|1.5 ba|House
$599,900|3 bd|2.5 ba|House