tomo logo

$174,900

Beds
3
Baths
1.0
sq ft
895

39809 Village Wood Ln, Novi, MI 48375

39809 Village Wood Ln

Novi, MI 48375

  • Pending
    • Price drop $5,100↓
**MUST SEE*** Three bed / 1 bath. ranch condominium in the beautiful community of Lakewoode Parkhomes. The community includes generous green space where you can relax outside, at home, or in the pool and clubhouse. Large living area with dining room and kitchen. Low HOA fees, including lawn maintenance, snow removal, garbage pick-up, pool, and clubhouse. Furnace and AC (2017). Some handicap accessibility. Handicap parking is available. Great location and private entrance. Live in the desirable City of Novi with a cost-effective investment. Happy housing hunting!

Details

Property type

Condominium

Est. home value

$175,226

Lot size

Unknown

Price per sq ft

$196

Year built

1977

Monthly HOA fee

$327

Price History

09/24/2024
Realcomp

Realcomp #20240064058

Pending
$174,900
09/05/2024
Realcomp

Realcomp #20240064058

Price change
$174,900
-2.83%
08/27/2024
Realcomp

Realcomp #20240064058

Listed
$180,000
+50.13%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Novi

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

$94,462
Asking price
$174,900
Closing costs (~8% of asking)
-$13,992
Est. remaining loan balance
-$66,446
Cash to seller
$94,462

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

Seller’s Loan History

Lender

Staunton Financial Inc

Loan start date

January 2020

Original loan amount

$117,700

Est. remaining balance

$66,446

Interest rate

3.19%

Loan type

New Conventional, 10 year

Seller

Dennis Rafferty and Kathleen Rafferty

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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Price drop
Realcomp
$180,000
1 bd
|
1 ba
|
808 sq ft
|
Condo

21520 Indian Creek Dr, Farmington Hills, MI 48335

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Pending
Realcomp
$178,342
2 bd
|
1 ba
|
835 sq ft
|
Condo

39727 Village Wood Ln, Novi, MI 48375

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Realcomp
$188,000
2 bd
|
1 ba
|
860 sq ft
|
Condo

39852 Village Wood Cir, Novi, MI 48375

Status: Pending/Under Contract

Tomo last checked: 11/08/2024 at 7:10 AM

Listing updated: 09/24/2024 at 1:35 PM

Listed by: Trudi Wichlacz, Oak and Stone Real Estate Phone #: (248) 266-0584

MLS: Realcomp #20240064058

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