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$245,000

Beds
3
Baths
1.0
sq ft
975

22827 Power Rd, Farmington, MI 48336

22827 Power Rd

Farmington, MI 48336

  • 1 day on market
Discover the charm of this beautifully maintained home featuring a stunning updated kitchen and bathroom, a testament to quality and style. Step into an inviting living room flooded with natural light through newer vinyl windows, all enhanced by gorgeous bamboo flooring. The expansive fenced lot offers a generous patio area and a country-like setting in your own backyard—perfect for entertaining or relaxing in peace. The 2+ car detached garage provides ample storage, while the finished basement adds extra living space, complete with a bonus room or recreation area. Ideally located near downtown Farmington, this home offers easy access to parks, shopping, dining, and top-rated schools. Furnace and C/A new in 2021 in addtion to many other updates throughout. Interactive floor plan and additional photos available through virtual tour links. Pride of ownership shines in every corner—come fall in love with this exceptional property!

Details

Property type

Single Family Residence

Est. home value

$254,949

Lot size

0.24 acres

Price per sq ft

$252

Year built

1947

Annual property taxes

$957

Price History

11/06/2024
Realcomp

Realcomp #20240083823

Listed
$245,000
+53.13%
04/28/2016
Realcomp

Realcomp #216014089

Sold
$160,000

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

$110,400
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$115,000
Cash to seller
$110,400

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$149,475

Est. remaining balance

$115,000

Interest rate

2.54%

Loan type

Not Provided, 15 year

Seller

Brandt Miller

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: 11/08/2024 at 10:10 AM

Listing updated: 11/07/2024 at 1:40 PM

Listed by: Dave Richards, Remerica Hometown One Phone #: (734) 420-3400

MLS: Realcomp #20240083823

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