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$169,888

Beds
2
Baths
1.0
sq ft
700

3314 Harris St, Ferndale, MI 48220

3314 Harris St

Ferndale, MI 48220

  • 60 days on market
    • Price drop $11↓
This Charming North Ferndale home is move in ready! This home features a covered front porch great for summer sunsets, a large living room, 2 spacious bedrooms, with refinished hardwood floors, a fully renovated bathroom with ceramic tile, pedestal sink and soaking tub, the kitchen features white cabinets, subway tile backsplash, full size stackable washer and dryer, double stainless-steel sink, electric stove, and full-size refrigerator, recessed LED lighting, freshly painted throughout, a one car garage, newer windows and siding, newer 3D roof on house and garage, newer hot water tank, PEX plumbing, central A/C, electrical panel, fenced back yard, large attic for storage. Great neighborhood nestled in-between downtown Royal Oak and Downtown Ferndale, close to shopping, restaurant, expressways, and a 15-minute drive to downtown Detroit.

Details

Property type

Single Family Residence

Est. home value

$136,882

Lot size

4,792 sq ft

Price per sq ft

$243

Year built

1923

Annual property taxes

$6,033

Price History

11/09/2024
Realcomp

Realcomp #20240071283

Price change
$169,888
-0.01%
10/17/2024
Realcomp

Realcomp #20240071283

Price change
$169,899
10/10/2024
Realcomp

Realcomp #20240071283

Price change
$169,900
-5.51%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Hazel Park

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

$52,135
Asking price
$169,888
Closing costs (~8% of asking)
-$13,591
Est. remaining loan balance
-$104,162
Cash to seller
$52,135

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

Seller’s Loan History

Lender

Umortgage Llc

Loan start date

February 2023

Original loan amount

$106,250

Est. remaining balance

$104,162

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Jessica Ochoa and Jesus Alejandro Ochoa Vega

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 4:45 AM

Listing updated: 11/09/2024 at 9:20 PM

Listed by: Bill Ristov, RE/MAX Nexus Phone #: (248) 541-4900

MLS: Realcomp #20240071283

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