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$120,000

Beds
2
Baths
1.0
sq ft
870

32718 Grand River Ave Unit C12, Farmington, MI 48336

32718 Grand River Ave Unit C12

Farmington, MI 48336

  • 38 days on market
    • Price drop $5,000↓
Welcome to your new condo! Enjoy stunning refinished hardwood floors throughout, offering ample living space. The newer vinyl windows provide lovely views of the courtyard. This unit comes equipped with appliances, along with your own personal washer and dryer located in the basement. Move right in and make it your own! INVESTORS: This unit CANNOT be rented out.

Details

Property type

Condominium

Est. home value

$118,048

Lot size

Unknown

Price per sq ft

$138

Year built

1962

Annual property taxes

$2,108

Monthly HOA fee

$379

Price History

11/11/2024
Realcomp

Realcomp #20240078247

Price change
$120,000
-4%
10/15/2024
Realcomp

Realcomp #20240078247

Listed
$125,000
+60.26%
02/01/2021
Realcomp

Realcomp #2200094483

Sold
$78,000

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

$53,355
Asking price
$120,000
Closing costs (~8% of asking)
-$9,600
Est. remaining loan balance
-$57,045
Cash to seller
$53,355

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

February 2021

Original loan amount

$62,400

Est. remaining balance

$57,045

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Luciana Marie Speck and Nicole Speck

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: 11/22/2024 at 8:45 PM

Listing updated: 11/11/2024 at 2:41 PM

Listed by: Mo Thweny, Real Estate One-W Blmfld Phone #: (248) 851-4100

MLS: Realcomp #20240078247

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