tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
2,264

27096 Pierce St, Southfield, MI 48076

27096 Pierce St

Southfield, MI 48076

  • 9 days on market
Colonial style home with great square footage! Updates to the home include new roof in 2023 with a transferrable warranty, all new wood flooring throughout first floor and new kitchen! Formal living room and dining room bring you into the home and open to the kitchen. Breakfast nook is bright and cozy and opens to the family room. The family room has large, beautiful brick fireplace and plenty of natural light from the doors to the backyard. First floor laundry is an added convenience for your daily chores. Unofficial bedroom on main floor is perfect for your home office. Head up stairs to the spacious primary suite, two more bedrooms and the second full bathroom. Basement is ready for you to finish into additional living space, home gym or extra space for entertaining friends and family.In the meantime, it makes for great storage space. Seller just finished huge project professionally remediating the asbestos flooring in basement - peace of mind so you don't have to spend the big bucks! Backyard has a patio perfect for some cozy chairs and a bonfire pit. Partially fenced backyard could easily be added on to make it fully enclosed. Side door in laundry room gives access to outside fenced area/dog run - perfect for your pets to get outside! Great location to local hospitals, the Detroit Zoo and I969 for commuters!

Details

Property type

Single Family Residence

Est. home value

$312,776

Lot size

8,712 sq ft

Price per sq ft

$144

Year built

1966

Annual property taxes

$5,100

Price History

11/13/2024
Realcomp

Realcomp #81024059102

Listed
$325,000
+96.97%
04/29/2016
Realcomp

Realcomp #216017631

Sold
$165,000

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

$120,391
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$178,609
Cash to seller
$120,391

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

Seller’s Loan History

Lender

Embrace Home Loans Inc

Loan start date

November 2020

Original loan amount

$196,000

Est. remaining balance

$178,609

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Gregory B Paddison and Madison Marcus Paddison

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: 11/22/2024 at 11:10 AM

Listing updated: 11/15/2024 at 6:05 AM

Listed by: Zachary Hitch, KW Realty Living Phone #: (810) 227-5500

MLS: Realcomp #81024059102

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