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$330,000

Beds
3
Baths
2.0
sq ft
1,860

25421 Edgemont Dr, Southfield, MI 48033

25421 Edgemont Dr

Southfield, MI 48033

  • 22 days on market
Welcome to this meticulously maintained 3-bedroom, 2-bathroom residence, boasting an expansive acre of land conducive to outdoor entertainment. The property invites residents to indulge in the harmonious blend of functionality and elegance. Embrace the convivial atmosphere fostered by the open-concept kitchen and dining area, thoughtfully designed to accommodate festive gatherings and family gatherings with ease. Nestled amidst serene surroundings, tranquility pervades the atmosphere, ensuring an oasis of calm. Despite its idyllic seclusion, convenience remains essential with proximity to both Farmington Hills and Southfield ensuring swift access to amenities and offerings the cities have to offer. Schedule your showing prepare to be amazed.

Details

Property type

Single Family Residence

Est. home value

$327,924

Lot size

1.65 acres

Price per sq ft

$178

Year built

1952

Annual property taxes

$7,465

Price History

06/10/2024
Realcomp

Realcomp #20240040537

Listed
$330,000
+22.22%
02/08/2021
Realcomp

Realcomp #2200099758

Sold
$270,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Southfield Public Schools

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

$201,956
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$101,644
Cash to seller
$201,956

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

February 2021

Original loan amount

$110,000

Est. remaining balance

$101,644

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Christopher Shawn Parks and Margarethe Lois Parks

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: 07/02/2024 at 7:20 PM

Listing updated: 06/24/2024 at 12:42 PM

Listed by: Andrew Fox Jr, RE/MAX City Centre Phone #: (313) 528-3002

MLS: Realcomp #20240040537

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