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$185,000

Beds
2
Baths
1.0
sq ft
700

521 Rosewood St, Ferndale, MI 48220

521 Rosewood St

FerndaleCity_Oakland, MI 48220

  • 7 days on market
This charming ranch in Ferndale is just a few blocks from Woodward Avenue's vibrant restaurants and entertainment. Featuring 2 bedrooms and 1 bathroom, this home offers hardwood flooring throughout the living area, adding warmth and character. The updated kitchen provides modern convenience, while the mudroom offers extra storage and functionality. The fenced backyard is perfect for outdoor enjoyment and includes a shed for additional storage. With its prime location and thoughtful updates, this home is an excellent opportunity to enjoy the best of Ferndale living. HVAC new 2021

Details

Property type

Single Family Residence

Est. home value

$178,137

Lot size

3,920 sq ft

Price per sq ft

$265

Year built

1925

Annual property taxes

$3,405.96

Price History

03/28/2025
Realcomp

Realcomp #81025011243

Listed
$185,000
03/27/2025
Realcomp

Realcomp #81025011243

Removed
03/07/2018
Realcomp

Realcomp #218001228

Sold
$115,500
+5.96%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High 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

$75,684
Asking price
$185,000
Closing costs (~8% of asking)
-$14,800
Est. remaining loan balance
-$94,516
Cash to seller
$75,684

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

Seller’s Loan History

Lender

Mortgage 1 Inc

Loan start date

March 2018

Original loan amount

$109,725

Est. remaining balance

$94,516

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Joshua Buscher

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?

Status: Active

Tomo last checked: 03/31/2025 at 5:50 PM

Listing updated: 03/29/2025 at 12:41 PM

Listed by: Matthew Talbot, Redefine Real Estate Phone #: (734) 259-7949

MLS: Realcomp #81025011243

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