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$514,000

Beds
4
Baths
2.5
sq ft
2,544

29011 Forest Hill Dr, Farmington Hills, MI 48331

29011 Forest Hill Dr

Farmington Hills, MI 48331

  • 27 days on market
Charming 4-Bedroom Colonial in Farmington Hills - Your Dream Home Awaits! Welcome to 2544 sq. ft. of pure comfort and modern elegance 4-bedroom 2.1 bath colonial. Perfect for families seeking a spacious and well-appointed residence. Home is nestled in a vibrant community with excellent schools, parks, shopping centers and dining options. Key Features: Open Floor Plan: Enjoy seamless living with a bright, airy layout that’s perfect for both everyday living and entertaining. Hardwood Floors: Beautiful hardwood floors flow throughout the main living areas, adding warmth and style. Updated Kitchen: The kitchen is a chef’s dream features contemporary finishes, ample storage, and new appliances including refrigerator, stove, and dryer. New Furnace: Stay cozy and efficient with the latest appliances which ensures efficient heating and comfort throughout the colder months. Generator & Solar Panels: Never worry about power outages with a backup generator and eco-friendly solar panels that reduce energy costs and carbon footprint. Heat & Glow Fireplace: Gather around the elegant fireplace for a cozy ambiance on chilly nights. Walk-in Closets: Spacious his and hers walk-in closets provide ample storage. Outdoor Living: The deck and patio, complete with a retractable awning, are perfect for family gatherings or entertaining guests.

Details

Property type

Single Family Residence

Est. home value

$447,936

Lot size

0.25 acres

Price per sq ft

$203

Year built

1984

Annual property taxes

$10,031

Monthly HOA fee

$25

Price History

06/03/2024
Realcomp

Realcomp #20240038318

Listed
$514,000
+25.37%
09/24/2021
Realcomp

Realcomp #2210064244

Sold
$410,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$173,613
Asking price
$514,000
Closing costs (~8% of asking)
-$41,120
Est. remaining loan balance
-$299,267
Cash to seller
$173,613

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$318,750

Est. remaining balance

$299,267

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Kehinde Ayeni

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: 06/30/2024 at 10:40 PM

Listing updated: 06/24/2024 at 3:03 AM

Listed by: Deola Alofoje, Home Solutions Realty LLC Phone #: (248) 230-8742

MLS: Realcomp #20240038318

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