tomo logo

$185,000

Beds
2
Baths
3.5
sq ft
1,308

25070 Sherwood Cir, Southfield, MI 48075

25070 Sherwood Cir

Southfield, MI 48075

  • 4 days on market
Welcome to this beautiful very spacious 2 bedroom, 3 and half bath townhome in the heart of Southfield Head upstairs to find 2 spacious bedrooms including the master suite or head down to the finished lower level which adds bonus space and plenty of storage. The lower level features one modern full bath and two extra rooms. Private backyard for outdoor entertainment and garden. The remodeled kitchen showcases very popular QUARTZ countertop, stainless steel appliances and modern backsplash. All bedrooms are spacious with ample closet space. Laminate flooring throughout the condo. Freshly painted in the most popular neutral color. All measurements are approximate. Lots of natural light with an awesome view from the patio to have a relaxing evening on. One of the best locations in the community with few steps away from the in-ground community centre and pool. The condo comes with convenience of an in-unit washer and dryer. HOA fees include common ground maintenance and water usage. Spacious 2 car garage with fresh paint and epoxy painted floors. The community is located in prime location with shopping centers, schools and local hospital nearby.

Details

Property type

Single Family Residence

Est. home value

$174,015

Lot size

3.34 acres

Price per sq ft

$142

Year built

1971

Annual property taxes

$3,627

Monthly HOA fee

$316

Price History

09/29/2024
MiRealSource

MiRealSource #50156695

Listed
$185,000
+43.41%
10/29/2020
Realcomp

Realcomp #2200082738

Sold
$129,000
+49.94%
02/26/2019
Realcomp

Realcomp #218118765

Sold
$86,034

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public Sch District

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

$97,385
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$72,815
Cash to seller
$97,385

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

Seller’s Loan History

Lender

Ross Mortgage Corp

Loan start date

February 2019

Original loan amount

$80,750

Est. remaining balance

$72,815

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Rachel Shagena and Fred Shagena

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?

Status: Active

Tomo last checked: 10/03/2024 at 12:25 AM

Listing updated: 09/29/2024 at 9:12 AM

Listed by: Jonathan Minerick, HomeCoin.com Phone #: (888) 400-2513

MLS: MiRealSource #50156695

MiRealSource logo

Recently listed in Southfield