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$370,000

Beds
3
Baths
1.5
sq ft
1,504

35973 Smithfield Rd, Farmington, MI 48335

35973 Smithfield Rd

Farmington, MI 48335

  • 55 days on market
    • Price drop $10,000↓
Price improvement! Location, location, location! Do you want to live close to downtown Farmington but still have the quiet and seclusion of a home situated on almost a half acre and backs to a park? Welcome to this spacious 1,504sqft ranch home with an additional 1442 sqft in the partially basement. It has 3 bedrooms and 1.5 baths with a spacious livingroom and an open concept floor plan in the family room, kitchen and dining room. The kitchen has granite counters, all appliances are included, and of course it has central air! Enjoy the 0.48 acres and making your own backyard oasis- You will love the peace and quiet of your backyard and enjoy watching the beautiful sunrise while relaxing on your deck. Chatham hills is a sought after subdivision boasting 1.2 miles of paved paths and 50 acres of natural park. It’s less than a 5 minute drive to the entertainment, shopping and restaurants of downtown Farmington. Plenty of storage in the basement and 2.5 car attached garage. HOA includes: Easter egg hunt, picnics, Santa Claus, Halloween decoration contest, etc! Updates: 2021 laminate floors & paint, newer garbage disposal, A/C recharged, electrical panel- updated & generator transfer switch installed. Check out the video to see footage of the subdivision and home! IDBRG BATVAI Some pictures virtually staged. Close to entertainment, shopping and restaurants or Novi, Northville, Plymouth, Livonia. Easy access to 275/696/M-5.Note: property is fenced on one side, HOA must approve all fences. Please see attached Chatham Hills website under "more" for bylaws, page 13 for more fence info. Video tour 35973-Smithfield-Rd-Farmington-MI-48335-WindowStill

Details

Property type

Single Family Residence

Est. home value

$347,362

Lot size

0.48 acres

Price per sq ft

$247

Year built

1977

Annual property taxes

$6,837

Monthly HOA fee

$16.67

Price History

11/12/2024
Realcomp

Realcomp #20240073206

Price change
$370,000
-2.63%
10/24/2024
Realcomp

Realcomp #20240073206

Price change
$380,000
-2.56%
10/09/2024
Realcomp

Realcomp #20240073206

Price change
$390,000
-1.27%

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

$86,666
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$253,734
Cash to seller
$86,666

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2021

Original loan amount

$271,600

Est. remaining balance

$253,734

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael P Clark and Kelly A Bedross

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 11:35 PM

Listing updated: 11/12/2024 at 9:10 AM

Listed by: Maria Reyes, Epique Realty Phone #: (248) 218-2604

MLS: Realcomp #20240073206

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