tomo logo

$420,000

Beds
5
Baths
2.0
sq ft
1,877

807 Laprairie St, Ferndale, MI 48220

807 Laprairie St

Ferndale, MI 48220

  • Coming soon
    • Open house Sep 29
OPEN HOUSE: SUNDAY, SEPTEMBER 29TH, 11AM-1PM CLASSIC MOVE IN READY FERNDALE TUDOR!!! THIS GENEROUS SIZED HOME FEATURES 5 BEDROOMS, 2 FULL BATHS, UPDATED EAT-IN GRANITE KITCHEN WITH STAINLESS STEEL APPLIANCES, LARGE FAMILY ROOM, & DINING ROOM. FURNACE 2018, ROOF 2018, WATER HEATER 2017, A/C 2017. DEEP 250 FOOT LOT. LARGE FRONT PORCH WITH NEWER CONCRETE PERFECT FOR ENJOYING SUNRISES WITH MORNING COFFEE. BACKYARD PATIO IDEAL FOR SUNSETS & HAPPY HOUR. 2 CAR GARAGE & NEWER DRIVEWAY. CLOSE TO DOWNTOWN FERNDALE ATTRACTIONS & HIGHWAYS.

Details

Property type

Single Family Residence

Est. home value

$347,048

Lot size

9,583 sq ft

Price per sq ft

$224

Year built

1929

Annual property taxes

$7,170

Price History

07/27/2018
Realcomp

Realcomp #218052033

Sold
$299,900

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

$175,292
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$211,108
Cash to seller
$175,292

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

December 2020

Original loan amount

$263,000

Est. remaining balance

$211,108

Interest rate

2.34%

Loan type

New Conventional, 16 year

Seller

Timothy A Stevens and Anna Green

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: Coming Soon

Tomo last checked: 09/25/2024 at 11:20 AM

Listing updated: 09/25/2024 at 10:01 AM

Listed by: Todd M Otto, Otto Family Properties LLC Phone #: (248) 515-2753

MLS: Realcomp #20240071818

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