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$264,000

Beds
3
Baths
1.5
sq ft
1,482

29132 Fairfax St, Southfield, MI 48076

29132 Fairfax St

Southfield, MI 48076

  • 46 days on market
    • Price drop $5,000↓
This beautiful and spacious Southfield colonial is nestled on a quiet block minutes from Berkley and Birmingham cities. Provides 3 bedrooms 1.5 baths with basement room that currently serves as a bedroom. Proffer a private backyard space with a patio area made for entertaining and gathering. Boasting a electric firepit. All furnishing are INCLUDED with the property or negotiate only the ones desired. Wont last long! BATVAI

Details

Property type

Single Family Residence

Est. home value

$240,880

Lot size

5,663 sq ft

Price per sq ft

$179

Year built

1970

Annual property taxes

$5,222

Price History

08/23/2024
Realcomp

Realcomp #20240056767

Price change
$264,000
-1.86%
08/02/2024
Realcomp

Realcomp #20240056767

Listed
$269,000
+99.26%
08/03/2016
Realcomp

Realcomp #216047966

Sold
$135,000

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

$133,551
Asking price
$264,000
Closing costs (~8% of asking)
-$21,120
Est. remaining loan balance
-$109,329
Cash to seller
$133,551

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

Seller’s Loan History

Lender

Mb Financial Bank Na

Loan start date

August 2016

Original loan amount

$132,554

Est. remaining balance

$109,329

Interest rate

3.54%

Loan type

FHA, 30 year

Seller

Finesse Hunter

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: 09/17/2024 at 11:05 PM

Listing updated: 08/23/2024 at 4:23 PM

Listed by: Carmen Holcomb, The Nickola Real Estate Group LLC Phone #: (248) 818-4605

MLS: Realcomp #20240056767

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