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$247,060Estimated home value

Beds
3
Baths
2.0
sq ft
1,800

556 Kensington Ave, Ferndale, MI 48220

556 Kensington Ave

Ferndale, MI 48220

  • Sold On 9/3/2024
    • Price drop $10,000↓
GREAT OPPORTUNITY to Own a Beautiful and well-maintained home in the Heart of "Fabulous" Ferndale. Turn key at move in!! Many furnishings as seen can stay!! 3 good-sized bedrooms and Updated Hardwood Floors throughout!! Large Living Room with Recessed Lighting!! Finished basement for so much extra living space and enjoyment. Updated kitchen with tile backsplash and Newer Appliances! Gorgeous Tiled Dual Head extra Wide shower. Custom Built and Vanity for additional storage! Glass Block windows for extra light and security!! Epoxy Flooring!! Updated electrical, plumbing with newer furnace and windows! Large Oversized yard with spacious deck! Oversized wide driveway. Stove, Refrigerator, Washer, Dryer included! Pack your bags and move on in!! Walk to restaurants and shopping and Ferndale Project Bar/Brewery! Close to major Freeways and Roads for quick trips around town!

Details

Property type

Single Family Residence

Est. home value

$247,060

Lot size

6,534 sq ft

Price per sq ft

$139

Year built

1946

Annual property taxes

$3,951

Price History

08/30/2024
MiRealSource

MiRealSource #50147628

Sold
$256,000
+2.44%
08/06/2024
MiRealSource

MiRealSource #50147628

Pending
$249,900
08/05/2024
MiRealSource

MiRealSource #50147628

Price change
$249,900
-3.85%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale City School District

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

$164,394
Asking price
$249,900
Closing costs (~8% of asking)
-$19,992
Est. remaining loan balance
-$65,514
Cash to seller
$164,394

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

July 2017

Original loan amount

$112,800

Est. remaining balance

$65,514

Interest rate

3.16%

Loan type

Not Provided, 15 year

Seller

Nolan Mcpartlin

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: Off Market

Tomo last checked: 10/05/2024 at 7:40 PM

Listing updated: 09/03/2024 at 2:39 PM

Listed by: Rosalie Iwig, Realty Executives Home Towne Shelby Phone #: (586) 726-4600

MLS: MiRealSource #50147628

MiRealSource logo

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