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$389,900

Beds
3
Baths
2.5
sq ft
1,998

24480 Lakeland St, Farmington Hills, MI 48336

24480 Lakeland St

Farmington Hills, MI 48336

  • 16 days on market
This remarkable home exceeds all expectations. This newly renovated solid brick ranch includes a circle driveway, 2.1 bathrooms, and a spacious double-door walk-out basement. Every detail has been meticulously upgraded: freshly painted interiors, stunning high-end kitchen cabinets complemented by quartz countertops and a new stainless steel sink, ceramic flooring, and a sleek SS/range hood. The bathrooms feature new vanities and faucets, with a potential full 3rd bathroom roughed-in in the basement. Enjoy the maintenance-free Trex deck overlooking a vast backyard, perfect for family gatherings. this property boasts extra parking space, perfect for accommodating a boat or multiple cars, in addition to the circle and normal driveway parking. The property is beautifully landscaped in a friendly neighborhood with easy access to major freeways and shopping. This home sets a new standard of modern comfort and style.

Details

Property type

Single Family Residence

Est. home value

$358,698

Lot size

0.37 acres

Price per sq ft

$196

Year built

1973

Annual property taxes

$7,636

Price History

06/18/2024
Realcomp

Realcomp #20240042907

Listed
$389,900
+94.95%
08/01/2016
Realcomp

Realcomp #216048996

Sold
$200,000

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

$226,079
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$132,629
Cash to seller
$226,079

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

Seller’s Loan History

Lender

Provident Funding Associates Lp

Loan start date

August 2016

Original loan amount

$160,000

Est. remaining balance

$132,629

Interest rate

3.54%

Loan type

New Conventional, 30 year

Seller

Sana Tiwaini

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: 07/04/2024 at 11:20 PM

Listing updated: 06/27/2024 at 5:23 AM

Listed by: Tom Thwainey, Level Plus Realty Phone #: (248) 970-7500

MLS: Realcomp #20240042907

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