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$163,500

Beds
2
Baths
2.0
sq ft
1,045

29860 W 12 Mile Rd Unit 609, Farmington Hills, MI 48334

29860 W 12 Mile Rd Unit 609

Farmington Hills, MI 48334

  • Pending
Discover an exceptional opportunity for affordable living in the heart of Farmington Hills! This beautifully updated upper-level ranch-style condominium boasts 2 spacious bedrooms and 2 full bathrooms, including a private ensuite in the primary bedroom. You'll love the modern updates throughout, featuring a stylish kitchen, refreshed bathrooms, newer flooring, and freshly painted interiors. The unit offers plenty of storage, convenient in-unit laundry, a bright, east-facing orientation that fills the home with morning sunlight, and in the spring months, a beautiful cherry tree right outside the balcony that fills the home with the lovely scent of cherry blossoms. Included with the condominium is a designated carport (#45) for your convenience. The community amenities are equallyimpressive, with access to a swimming pool, tennis courts, and water included in the monthly HOA dues. Please note: this property must be owner-occupied. Don't miss the chance to make this inviting, move-in-ready home your own!

Details

Property type

Condominium

Est. home value

$149,426

Lot size

Unknown

Price per sq ft

$157

Year built

1981

Annual property taxes

$1,902.92

Monthly HOA fee

$345

Price History

12/15/2024
Realcomp

Realcomp #81024061895

Pending
$163,500
12/05/2024
Realcomp

Realcomp #81024061895

Listed
$163,500
+98.18%
04/30/2018
Realcomp

Realcomp #218000837

Sold
$82,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Tennis Court(s)

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

$76,982
Asking price
$163,500
Closing costs (~8% of asking)
-$13,080
Est. remaining loan balance
-$73,438
Cash to seller
$76,982

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

Seller’s Loan History

Lender

Success Mortgage Partners Inc

Loan start date

September 2019

Original loan amount

$82,025

Est. remaining balance

$73,438

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Michael J Hegener and Michael F Hegener

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: 12/22/2024 at 4:00 AM

Listing updated: 12/20/2024 at 10:01 AM

Listed by: Christopher Bailey, Remerica United Realty Phone #: (248) 344-1800

MLS: Realcomp #81024061895

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