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$374,900

Beds
3
Baths
1.5
sq ft
1,196

660 W Cambourne St, Ferndale, MI 48220

660 W Cambourne St

Ferndale, MI 48220

  • 30 days on market
INCREDIBLE OPPORTUNITY IN HIGHLY DESIRABLE ANSON RIDGE SUBDIVISION FERNDALE !! CHARMING 3 Bedroom & 1-1/2 Bathroom Updated Colonial Featuring Spacious Kitchen w/Hickory Designer Cabinets, Recessed Lighting, Granite Counters, Backsplash, SS Appliances & SS Undermount Sink. Living Room w/Natural Fireplace, Surround Brick Hearth, Hardwood Floors, Ornate Crown Molding, Updated Half Bath, Generously Sized Dining Room Open to Living Room. Upper Level Features 3 Well Sized Bedrooms w/Hardwood Floors & Exquisitely Updated Full Bathroom. Impeccably Clean w/Tons of Natural Light. Full Basement w/Plenty of Storage. Newer Front Patio, Delightful Covered Back Porch w/Trex Decking, Sizeable Fenced Back Private Yard Perfect for Relaxing or Entertaining, 1 Car Detached Garage & A/C. Lovely Tree Lined Street Walking Distance to Downtown Ferndale. Minutes to I-75, I-696, Parks, Restaurants & Shopping. Perfectly Located in the Heart of Ferndale !

Details

Property type

Single Family Residence

Est. home value

$350,163

Lot size

4,792 sq ft

Price per sq ft

$314

Year built

1927

Annual property taxes

$7,451

Price History

08/20/2024
Realcomp

Realcomp #20240061888

Listed
$374,900
+10.26%
08/26/2022
Realcomp

Realcomp #20221017999

Sold
$340,000
+54.55%
08/06/2015
Realcomp

Realcomp #215061482

Sold
$220,000

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

$47,692
Asking price
$374,900
Closing costs (~8% of asking)
-$29,992
Est. remaining loan balance
-$297,216
Cash to seller
$47,692

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

Seller’s Loan History

Lender

Michigan First Cu

Loan start date

August 2022

Original loan amount

$306,000

Est. remaining balance

$297,216

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Steven Wilson and Jenna Wilson

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: 09/19/2024 at 7:10 PM

Listing updated: 09/14/2024 at 3:21 PM

Listed by: Haig V Istamboulian, Arterra Realty Michigan LLC Phone #: (248) 731-0048

MLS: Realcomp #20240061888

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