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$285,000

Beds
3
Baths
2.0
sq ft
1,225

620 Silman St, Ferndale, MI 48220

620 Silman St

Ferndale, MI 48220

  • Pending
Welcome to this stunning, fully renovated home nestled in the heart of Ferndale! This residence combines modern luxury with the charm and character that Ferndale is known for. As you step inside, you'll immediately notice the all-new floors and the fresh paint that gives the home a bright and inviting atmosphere. The brand-new kitchen is a chef's dream, featuring granite counter tops and newer appliances including a high-end Viking gas range and Viking refrigerator. The sleek design and functionality make it perfect for both everyday cooking and entertaining guests. The primary suite has been fully updated with a spa-like bathroom showcasing Italian marble, marble floor beautiful fixtures, and trendy tile and wall finishings that exude elegance and style. Stay comfortable year-round with a new furnace and a new A/C system, which includes an added blower to keep the upper level perfectly chilled during the warmer months. Step outside to your new back patio, ideal for summer barbecues, morning coffees, or simply enjoying the outdoors in your backyard space with Fido. The home also boasts a new electrical panel, majority updated wiring, and new hot water tank ensuring safety and efficiency, as well as a newer roof, giving you peace of mind for years to come. Located in a vibrant neighborhood, this home is just minutes from Downtown Ferndale. Enjoy the convenience of trendy shops, diverse dining options, and lively entertainment venues that make Ferndale one of the most sought-after communities in the area. Whether you’re exploring the local farmer’s market, enjoying a craft beer at one of the local breweries, or taking a leisurely stroll through the charming streets, there’s always something to do. Don’t miss out on the opportunity to own this beautiful, move-in-ready home in one of Michigan’s most sought after cities. Schedule a showing today and experience everything this exceptional property and location have to offer!

Details

Property type

Single Family Residence

Est. home value

$255,033

Lot size

4,356 sq ft

Price per sq ft

$233

Year built

1941

Annual property taxes

$3,749

Price History

07/03/2024
Realcomp

Realcomp #20240043086

Pending
$285,000
06/18/2024
Realcomp

Realcomp #20240043086

Listed
$285,000
+98.61%
09/15/2017
Realcomp

Realcomp #217050821

Sold
$143,500

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

$150,766
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$111,434
Cash to seller
$150,766

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

Seller’s Loan History

Lender

Hall Financial Group

Loan start date

June 2021

Original loan amount

$119,150

Est. remaining balance

$111,434

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Amber Dostent

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: Pending/Under Contract

Tomo last checked: 07/04/2024 at 11:15 PM

Listing updated: 07/03/2024 at 9:23 PM

Listed by: James Galba, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240043086

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