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$300,000

Beds
3
Baths
1.5
sq ft
1,330

35248 Malibu Dr, Sterling Heights, MI 48312

35248 Malibu Dr

Sterling Heights, MI 48312

  • 51 days on market
    • Price drop $10,000↓
This beautifully updated ranch home is move-in ready, featuring a finished basement complete with a bar and fresh carpet throughout. Recent updates include a brand-new roof and hot water tank (both installed this year), along with a newer AC unit for added comfort. The open-concept kitchen, dining, and family room create a spacious, inviting atmosphere perfect for modern living. The bedrooms showcase gleaming hardwood floors, ceiling fans, and stylish, updated doors. Step outside to a private backyard with a large patio, perfect for entertaining, and enjoy the serene view of the open field beyond. A shed provides extra storage, and the finished, attached two-car garage adds convenience and value. With its thoughtful layout and seamless flow, this home is sure to impress!

Details

Property type

Single Family Residence

Est. home value

$266,658

Lot size

7,405 sq ft

Price per sq ft

$226

Year built

1967

Annual property taxes

$3,611

Price History

10/17/2024
Realcomp

Realcomp #20240074082

Price change
$300,000
-3.23%
10/12/2024
Realcomp

Realcomp #20240074082

Price change
$310,000
-3.13%
10/01/2024
Realcomp

Realcomp #20240074082

Listed
$320,000
+68.42%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Warren Con

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

$139,681
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$136,319
Cash to seller
$139,681

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2017

Original loan amount

$160,000

Est. remaining balance

$136,319

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Chelsea Farinetti

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 5:40 AM

Listing updated: 11/17/2024 at 3:45 PM

Listed by: Jimmy Moss, RC Platinum Inc Phone #: (248) 379-3275

MLS: Realcomp #20240074082

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