tomo logo

$164,900

Beds
2
Baths
2.0
sq ft
1,156

27860 Berrywood Ln Unit 21, Farmington Hills, MI 48334

27860 Berrywood Ln Unit 21

Farmington Hills, MI 48334

  • 49 days on market
This wonderful 2 bedroom condo in Farmington Hills has many unique features not found in all local condos. A large "full" primary bath, a huge walk-in closet. Add to these features a 500 sqft basement (not a common area you have to share) for your personal only storage, and your own washer and dryer. All appliances are included, a larger area for dining, a large living room facing a comfortable deck and carport is included with this unit. Come see and make this unit your HOME!

Details

Property type

Condominium

Est. home value

$152,151

Lot size

Unknown

Price per sq ft

$143

Year built

1975

Annual property taxes

$2,386

Monthly HOA fee

$278

Price History

08/12/2024
Realcomp

Realcomp #20240059283

Listed
$164,900
+45.93%
08/26/2020
Realcomp

Realcomp #2200034562

Sold
$113,000
+32.94%
09/08/2017
Realcomp

Realcomp #217075077

Sold
$85,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

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

$55,135
Asking price
$164,900
Closing costs (~8% of asking)
-$13,192
Est. remaining loan balance
-$96,573
Cash to seller
$55,135

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

August 2020

Original loan amount

$106,000

Est. remaining balance

$96,573

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Eric Smith

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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29870 W 12 Mile Rd Unit 704, Farmington Hills, MI 48334

Status: Active

Tomo last checked: 09/30/2024 at 7:35 PM

Listing updated: 08/22/2024 at 2:23 PM

Listed by: Dennis Leland Sr, Remerica United Realty Phone #: (248) 344-1800

MLS: Realcomp #20240059283

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