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$375,000

Beds
4
Baths
2.5
sq ft
2,270

30040 Lochmoor St, Farmington Hills, MI 48334

30040 Lochmoor St

Farmington Hills, MI 48334

  • 48 days on market
    • Price drop $10,000↓
Welcome to your new home at 30040 Lockmoor St! This beautifully updated ranch-style residence boasts an impressive 2,270 square feet of living space, featuring four spacious bedrooms and 2 ½ modern bathrooms. Step inside to discover a fresh and inviting atmosphere, with all bathrooms fully updated to meet contemporary standards. The home showcases new flooring throughout, offering a seamless flow from room to room, and brand-new carpet in the bedrooms for added comfort. Freshly painted walls, along with new doors and trim, create a cohesive and stylish look. The home is illuminated by all new light fixtures that enhance the modern aesthetic. The generous backyard is a standout feature, providing ample space for outdoor activities, gardening, or simply enjoying the fresh air. Conveniently located close to highways and shopping, this home offers the perfect blend of tranquility and accessibility. Don't miss the opportunity to make this stunning property your own! This is a AS/IS purchase. Seller will not accommodate for any repairs. This property is in a foreclosure redemption. Must be sold before February 15, 2025.

Details

Property type

Single Family Residence

Est. home value

$349,893

Lot size

0.31 acres

Price per sq ft

$166

Year built

1954

Annual property taxes

$7,269

HOA fee

$200

Price History

12/16/2024
Realcomp

Realcomp #20240083222

Price change
$375,000
-2.6%
11/30/2024
Realcomp

Realcomp #20240083222

Price change
$385,000
-1.26%
11/18/2024
Realcomp

Realcomp #20240083222

Price change
$389,900
-2.5%

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

$27,972
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$317,028
Cash to seller
$27,972

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

December 2022

Original loan amount

$323,924

Est. remaining balance

$317,028

Interest rate

6.94%

Loan type

FHA, 30 year

Seller

Klaudio Gjekaj and Ambra Gjekaj

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: 12/23/2024 at 4:35 AM

Listing updated: 12/16/2024 at 12:20 PM

Listed by: Derrick Kajbo, Brookstone, Realtors LLC Phone #: (248) 963-0505

MLS: Realcomp #20240083222

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