tomo logo

$314,900

Beds
3
Baths
2.0
sq ft
1,107

2851 Burdette St, Ferndale, MI 48220

2851 Burdette St

Ferndale, MI 48220

  • 5 days on market
PLEASE SUBMIT OFFERS BY NOON SUNDAY JULY 7. This home sparkles with updates. Bursting with pride of ownership. A dandy of a deal! Completely updated throughout. And with a coveted 2nd floor full bath! Move right in and still have the warm weather to enjoy the gorgeous rear yard with brand new privacy fence, modern deck and additional private patio for extra entertaining, gardening or hot tub. The contemporary kitchen features stainless appliances and quartz countertops. Bamboo flooring throughout for easy living and maintenance. The first floor bath is light and bright and fully updated. Plenty of closet space fills the upper primary suite which also includes a mini-split AC unit for year round comfort. All the details have been thought out, the lighting, the moldings throughout, even the vent covers! The basement has drywall and plush carpeting to extend the living space. But wait, there’s more; A big beautiful garage too! Other perks include one of the best parks in Ferndale just a block away with inline skating, baseball, basketball and more. There is a reason it is Fashionable Ferndale and you will want to be a part of it all! Roof 2015, Furnace 2020.

Details

Property type

Single Family Residence

Est. home value

$290,184

Lot size

Unknown

Price per sq ft

$285

Year built

1941

Annual property taxes

$6,107

Price History

07/02/2024
Realcomp

Realcomp #20240047313

Listed
$314,900
+10.49%
04/26/2021
Realcomp

Realcomp #2210017573

Sold
$285,000
+15.38%
09/12/2018
Realcomp

Realcomp #218068752

Sold
$247,000
+53.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

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

$50,596
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$239,112
Cash to seller
$50,596

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

April 2021

Original loan amount

$256,500

Est. remaining balance

$239,112

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Steven P Murphy and Mikayla Murphy

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: 07/07/2024 at 5:55 PM

Listing updated: 07/06/2024 at 8:33 PM

Listed by: Elisa Sboukis, Coldwell Banker Realty-Rochester Phone #: (248) 651-3500

MLS: Realcomp #20240047313

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