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$243,000

Beds
3
Baths
2.0
sq ft
1,114

2860 Goodrich St, Ferndale, MI 48220

2860 Goodrich St

Ferndale, MI 48220

  • Pending
    • Price drop $2,000↓
2860 Goodrich might not have a driveway, but it does have all new electrical, plumbing, furnace, A/C, tankless water heater, flooring, trim, and drywall. It also has a brand new, stylish kitchen. Two of the three bedrooms have full ensuites with completely renovated bathrooms and walk-in closets. The house is right down the street from many of Ferndale’s hot spots – Urbanrest Brewing, Rogue Estate BBQ, Drifter Coffee, Vogue Vintage, etc. It’s good walking distance to downtown Ferndale, and even more accessible via the countless well-marked bike lanes that also take you to Oak Park, Hazel Park Royal Oak, and North Detroit. It’s about a fifteen minute drive to Downtown Detroit where you can catch a game for the Detroit Lions, Tigers, Red Wings, and Pistons. So what is a driveway really worth? Is it worth more than all of these updates; the accessibility to the surrounding amenities; the security of knowing your house is essentially brand new and there is nothing you have to worry about for the foreseeable future? There are no homes in Ferndale with this many updates at this price point.

Details

Property type

Single Family Residence

Est. home value

$189,394

Lot size

3,049 sq ft

Price per sq ft

$219

Year built

1923

Annual property taxes

$1,703

Price History

11/01/2024
Realcomp

Realcomp #20240057053

Pending
$243,000
10/22/2024
Realcomp

Realcomp #20240057053

Price change
$243,000
-0.82%
10/07/2024
Realcomp

Realcomp #20240057053

Price change
$245,000
-1.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Plc Fund I Llc

Loan start date

January 2024

Original loan amount

$168,000

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Commercial, 1 year

Seller

Primepad Properties Llc

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: Pending/Under Contract

Tomo last checked: 11/05/2024 at 7:00 PM

Listing updated: 11/01/2024 at 7:10 PM

Listed by: Austin Bateman, Max Broock, REALTORS-Royal Oak Phone #: (248) 548-9100

MLS: Realcomp #20240057053

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