tomo logo

$400,000

Beds
3
Baths
1.5
sq ft
1,680

38649 Southfarm Ln, Northville, MI 48167

38649 Southfarm Ln

Farmington Hills, MI 48167

  • Pending
Welcome to 38649 Southfarm Lane! located in serene Meadowbrook Hills Sub. This is a contemporary 3 bedroom 1.5 bath colonial home that has a open floor plan, three spacious bedrooms upstairs, some of the many features are: updated kitchen with granite counter tops, lots of cabinets and counter top space, new dishwasher, appliance will stay with house, large dining area that opens to kitchen and family room, newer vinyl plank flooring, Pella windows, door wall leads to a nice deck, newer roof 2019 (tear off) furnace and central air 2022, large 840 square foot unfinished basement, nice landscaping, circular driveway, side entry garage, almost a half acre of land (country living in the City) the sub also offers pickle ball / tennis court, baseball field and play ground. outstanding community, close to Schools, shopping and freeways, Northville mailing address and Farmington Schools.

Details

Property type

Single Family Residence

Est. home value

$394,523

Lot size

0.46 acres

Price per sq ft

$239

Year built

1977

Annual property taxes

$6,009

Monthly HOA fee

$17.08

Price History

10/14/2024
Realcomp

Realcomp #20240068440

Pending
$400,000
09/12/2024
Realcomp

Realcomp #20240068440

Listed
$400,000
+41.84%
03/01/2019
Realcomp

Realcomp #218101408

Sold
$282,000
+34.29%

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

$212,645
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$155,355
Cash to seller
$212,645

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2019

Original loan amount

$225,600

Est. remaining balance

$155,355

Interest rate

3.89%

Loan type

New Conventional, 15 year

Seller

Bogdan Yavorenko and Alyssa R Yavorenko

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?

Similar Homes Nearby

Pending
Realcomp
$389,900
3 bd
|
1.5 ba
|
1,522 sq ft
|
House

17830 Fairway St, Livonia, MI 48152

Realcomp
$409,000
3 bd
|
1.5 ba
|
1,505 sq ft
|
House

17459 Woodside St, Livonia, MI 48152

Price drop
Realcomp
$380,000
3 bd
|
1.5 ba
|
1,504 sq ft
|
House

35973 Smithfield Rd, Farmington, MI 48335

Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 5:10 AM

Listing updated: 10/14/2024 at 5:26 AM

Listed by: Terry W Ozak, RE/MAX Leading Edge Phone #: (313) 277-7777

MLS: Realcomp #20240068440

Realcomp logo