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$345,000

Beds
4
Baths
2.5
sq ft
1,600

343 Spencer St, Ferndale, MI 48220

343 Spencer St

Ferndale, MI 48220

  • 6 days on market
You’re probably reading this because you’re ready to find your dream home before the year ends — and let me tell you, this one is the one you don’t want to miss! Why wait any longer when a house this amazing is available? Introducing this rare 1,600 square foot bungalow that perfectly blends classic charm with modern style — the kind of home Ferndale buyers are dying to get their hands on. With four spacious bedrooms, including a flexible main floor primary suite (or use it however you like!), and three big upstairs bedrooms plus an open loft space, it’s got everything you need to live your best life. The updated kitchen is all about that solid wood warmth with 40-inch maple cabinets that flow seamlessly into the matching maple floors. The main floor continues with refinished hardwoods that carry you through the living and dining areas, creating a laid-back vibe. A cozy den or library gives you a chill space to unwind, and the primary bedroom is complete with brand-new carpeting and an en-suite that’s straight out of your dreams — jetted tub and a separate ceramic-tiled shower for ultimate relaxation. Upstairs, you’ll find freshly painted rooms, new carpet in the spacious loft, and three more bedrooms that are ready for whatever you need. Plus, a full bathroom and your own private terrace balcony. Every room has beautiful solid wood trim and molding that adds major character and warmth. The outside? Perfect for hanging out, with a garage, an expansive backyard, and a gorgeous paver patio for those chill weekends. The front porch-style deck is perfect for your morning coffee, entertaining, or just watching the parade of neighbors strolling their cute dogs. The large basement has laundry facilities and plenty of storage space. And don’t forget the newer mechanicals — furnace, A/C, and hot water tank (all 2018) — so you can move in and start living without missing a beat.

Details

Property type

Single Family Residence

Est. home value

$326,547

Lot size

4,792 sq ft

Price per sq ft

$216

Year built

1921

Annual property taxes

$7,598

Price History

12/16/2024
Realcomp

Realcomp #20240092505

Listed
$345,000
+69.95%
02/06/2019
Realcomp

Realcomp #218103093

Sold
$203,000
+42.96%
06/26/2015
Realcomp

Realcomp #215017069

Sold
$142,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

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

$140,828
Asking price
$345,000
Closing costs (~8% of asking)
-$27,600
Est. remaining loan balance
-$176,572
Cash to seller
$140,828

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

Seller’s Loan History

Lender

Michigan State University Fcu

Loan start date

February 2019

Original loan amount

$196,910

Est. remaining balance

$176,572

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

Phillip Przeklas

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: 12/22/2024 at 4:00 PM

Listing updated: 12/17/2024 at 11:11 AM

Listed by: Nancy R Robinson, Century 21 Curran & Oberski Phone #: (248) 264-1700

MLS: Realcomp #20240092505

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