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$375,000

Beds
3
Baths
2.5
sq ft
1,282

470 E Troy St, Ferndale, MI 48220

470 E Troy St

Ferndale, MI 48220

  • Pending
The Best of All Worlds! Located within walking distance to Downtown Ferndale, this 1919 Charming Craftsman Style home has been updated from the studs out! Open Entry Level boasts a beautiful island kitchen with quartz countertops, plentiful cabinetry, all new SS Appliances, a Primary En-suite w/ walk-in closet and 9’ ceilings! BEAUTIFUL Finishes throughout: Black 2-Panel interior doors with polished chrome hardware, consistent vinyl plank flooring through much of the home and top of the line Bathroom materials. GREAT Closet space! Enjoy the outdoors from your fully covered front porch or fully fenced backyard. 2-car Detached Garage.

Details

Property type

Single Family Residence

Est. home value

$367,991

Lot size

5,663 sq ft

Price per sq ft

$293

Year built

1919

Annual property taxes

$6,103

Price History

10/31/2024
Realcomp

Realcomp #20240080122

Pending
$375,000
10/23/2024
Realcomp

Realcomp #20240080122

Listed
$375,000
+17%
01/29/2021
Realcomp

Realcomp #2200100867

Sold
$320,500
+146.54%

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

$63,422
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$281,578
Cash to seller
$63,422

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

January 2021

Original loan amount

$307,835

Est. remaining balance

$281,578

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Dominic Mackie

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
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House

435 Laprairie St, Ferndale, MI 48220

Status: Pending/Under Contract

Tomo last checked: 11/05/2024 at 4:10 PM

Listing updated: 10/31/2024 at 2:05 PM

Listed by: Susan Vogel, RE/MAX First Phone #: (248) 218-4300

MLS: Realcomp #20240080122

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