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$404,900

Beds
4
Baths
2.5
sq ft
3,067

29621 Fernhill Dr, Farmington Hills, MI 48334

29621 Fernhill Dr

Farmington Hills, MI 48334

  • 64 days on market
    • Price drop $4,100↓
For Sale: Charming Home in Canterbury Commons Discover the potential in this spacious 3067 sq ft home, nestled in the desirable Canterbury Commons neighborhood. This inviting residence features a generous layout with a living room, dining room, and family room, perfect for both entertaining and everyday living. Key Features: Bedrooms: 4 Bathrooms: 2.5 Living Space: 3067 sq ft Rooms: Spacious living room, dining room, and family room While this home needs a little TLC to bring out its full potential, it offers a fantastic opportunity for buyers looking to personalize their space and make it their own. Don’t miss the chance to create your dream home in a wonderful community**Offer is subject to probate approval. Property is being SOLD AS IS.

Details

Property type

Single Family Residence

Est. home value

$422,434

Lot size

9,148 sq ft

Price per sq ft

$133

Year built

1967

Annual property taxes

$8,059

Monthly HOA fee

$25

Price History

11/13/2024
Realcomp

Realcomp #20240070769

Price change
$404,900
-1%
10/15/2024
Realcomp

Realcomp #20240070769

Price change
$409,000
-8.91%
09/19/2024
Realcomp

Realcomp #20240070769

Listed
$449,000
+23.73%

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

$40,983
Asking price
$404,900
Closing costs (~8% of asking)
-$32,392
Est. remaining loan balance
-$331,525
Cash to seller
$40,983

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

September 2021

Original loan amount

$356,326

Est. remaining balance

$331,525

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Ebony Pierson

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: 11/23/2024 at 3:25 AM

Listing updated: 11/13/2024 at 12:50 PM

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

MLS: Realcomp #20240070769

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