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$425,000

Beds
4
Baths
2.5
sq ft
2,185

22131 Arbor Ln, Farmington Hills, MI 48336

22131 Arbor Ln

Farmington Hills, MI 48336

  • 42 days on market
Nice East Facing brick colonial in a great sub in Farmington Hills with Farmington Schools. Features: 4 bedrooms, 2.5 baths. Kitchen with granite counter tops, stainless steel appliances (2020), Refrigerator, Gas Stove, Dishwasher, Vent out. Washer & Dryer. Kitchen Nook. Formal dining room w/ bay window. Formal living room w/bay window. First floor laundry. Engineered hardwood floors 2021. Updated bath. Large master suite with Two (2) walk in closets & private bath. New Windows 2023 (life time warranty), New Roof 2022, New furnace 2020, New central air 2020, New hot water tank 2021. New customize blinds 2022, Sump pump 2023 with backup, New Patio 2022. No HOA for the sub. Must See!!

Details

Property type

Single Family Residence

Est. home value

$394,702

Lot size

8,712 sq ft

Price per sq ft

$195

Year built

1996

Annual property taxes

$6,667

Price History

09/03/2024
Realcomp

Realcomp #20240058032

Listed
$425,000
08/19/2024
Realcomp

Realcomp #20240058032

Pending
$425,000
08/07/2024
Realcomp

Realcomp #20240058032

Listed
$425,000
+18.06%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Farmington

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

$121,599
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$269,401
Cash to seller
$121,599

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

October 2021

Original loan amount

$287,200

Est. remaining balance

$269,401

Interest rate

2.88%

Loan type

Not Provided, 30 year

Seller

Vidya Sagar Padigela and Praveen Padigela

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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26828 Shiawassee Rd, Southfield, MI 48033

Status: Active

Tomo last checked: 09/19/2024 at 5:40 AM

Listing updated: 09/08/2024 at 3:51 PM

Listed by: Alex Safadi, Internet Real Estate, Inc Phone #: (248) 349-7676

MLS: Realcomp #20240058032

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