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$295,000

Beds
3
Baths
1.0
sq ft
1,259

466 Pearson St, Ferndale, MI 48220

466 Pearson St

Ferndale, MI 48220

  • 18 days on market
Updated, inviting Ferndale home close to Downtown Ferndale. Walking distance to shopping and great restaurants. Beautiful curb appeal with a large covered front sitting porch. Granite countertops with stone backsplash. Stainless steel appliances, washer and dryer. Tastefully painted throughout. Wainscoting and crown molding add to the character and charm of this home. Huge first floor primary bedroom has French doors leading to the back deck. Fenced in yard with a 2 car garage.

Details

Property type

Single Family Residence

Est. home value

$328,776

Lot size

5,227 sq ft

Price per sq ft

$235

Year built

1920

Annual property taxes

$7,973

Price History

12/04/2024
Realcomp

Realcomp #20240090183

Listed
$295,000
05/12/2022
Realcomp

Realcomp #2220023834

Sold
$295,000
+51.28%
03/30/2016
Realcomp

Realcomp #216001449

Sold
$195,000

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

$17,574
Asking price
$295,000
Closing costs (~8% of asking)
-$23,600
Est. remaining loan balance
-$253,826
Cash to seller
$17,574

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2022

Original loan amount

$265,450

Est. remaining balance

$253,826

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Blake Scheer

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: 12/23/2024 at 12:35 AM

Listing updated: 12/06/2024 at 6:15 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240090183

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