tomo logo

$215,000

Beds
3
Baths
1.0
sq ft
864

23121 Colgate St, Farmington Hills, MI 48336

23121 Colgate St

Farmington Hills, MI 48336

  • 67 days on market
    • Price drop $4,900↓
Welcome to this beautifully updated 3-bedroom, 1-bath ranch home in the heart of Farmington Hills! Perfectly situated south of 10 Mile Rd and west of Middlebelt Rd, this home offers convenient access to schools, shopping, and dining. Featuring a modern kitchen with stainless steel appliances, including an ENERGY STAR® refrigerator and gas cooktop, this home combines style and efficiency. The 2021 remodel included tasteful upgrades throughout, with vinyl flooring in the living areas and plush carpet in the bedrooms for added comfort. Enjoy the spacious living room, cozy bedrooms, and an updated bathroom with ceramic tile. Outside, the fully fenced backyard and detached 2.5-car garage provide privacy and practical storage solutions. Additional features include a programmable thermostat, baseboard heating, and ENERGY STAR® wall unit cooling for year-round comfort. Schedule your showing today and make it yours! Possession: At close Terms Offered: Cash, Conventional, FHA, VA

Details

Property type

Single Family Residence

Est. home value

$195,895

Lot size

6,098 sq ft

Price per sq ft

$249

Year built

1967

Annual property taxes

$3,317

Price History

01/21/2025
Realcomp

Realcomp #20240086547

Listed
$215,000
01/13/2025
Realcomp

Realcomp #20240086547

Pending
$215,000
01/09/2025
Realcomp

Realcomp #20240086547

Price change
$215,000
-2.23%

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

$53,373
Asking price
$215,000
Closing costs (~8% of asking)
-$17,200
Est. remaining loan balance
-$144,427
Cash to seller
$53,373

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

Seller’s Loan History

Lender

Community Financial Cu

Loan start date

May 2021

Original loan amount

$156,750

Est. remaining balance

$144,427

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Devin Bosch and Meghan Berliner

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
$212,000
3 bd
|
1 ba
|
880 sq ft
|
House

22281 Nancy Ave, Southfield, MI 48033

Price drop
Realcomp
$227,500
3 bd
|
1 ba
|
1,056 sq ft
|
House

21214 Flanders St, Farmington Hills, MI 48335

Realcomp
$235,000
3 bd
|
1.5 ba
|
1,167 sq ft
|
House

24220 Sunnypoint Dr, Southfield, MI 48033

Status: Active

Tomo last checked: 01/22/2025 at 6:25 PM

Listing updated: 01/21/2025 at 8:39 AM

Listed by: Paul Funni, EXP Realty Main Phone #: (888) 501-7085

MLS: Realcomp #20240086547

Realcomp logo