tomo logo

$429,700

Beds
3
Baths
2.0
sq ft
1,843

8448 Yale St, Oak Park, MI 48237

8448 Yale St

Oak Park, MI 48237

  • 39 days on market
***MULTIPLE OFFERS RECEIVED, best and final offers are due by 4 PM on Monday, October 21st.***Step into a piece of history with this stunning tudor, built in 1930 and brimming with character. Located on a quiet, tree-lined street just one block west of Pleasant Ridge and Northwest Ferndale, this residence offers an exceptional blend of historic charm and modern convenience. With over 1,800 square feet of above-ground living space, this home features a first-floor primary bedroom and two additional bedrooms, offering ample space for comfort and functionality. The classically renovated kitchen seamlessly flows into the dining and living areas centered around the original Pewabic-tiled fireplace which has been converted to gas for ease of use. Two fully renovated bathrooms showcase high-end finishes and materials, including a deep soaking tub and thoughtful storage solutions. The large family room features a Spanish inspired natural-burning fireplace, and windows lined with original Pewabic tile. French doors open to the backyard, providing a perfect indoor-outdoor living experience. The beautifully landscaped front yard includes lily of the valley, hydrangeas, and a winding wisteria tree shading a quaint front porch. The expansive backyard features an oversized yard, a 250+ square foot Trex deck, and comes with a detailed landscaping plan from English Gardens. Additionally, this home offers a spacious 450 square foot attached two-car garage and a 137 square foot built-in storage shed, providing ample space for all your storage needs. Enjoy close proximity to the brand new Ferndale lower elementary or upper elementary school, Detroit Zoo, Royal Oak Roast, downtown Ferndale, and numerous parks. If you are weary of plain box houses, then come see this thoughtfully restored gem in a highly sought-after area!

Details

Property type

Single Family Residence

Est. home value

$322,398

Lot size

5,663 sq ft

Price per sq ft

$234

Year built

1930

Annual property taxes

$3,871

Price History

10/13/2024
Realcomp

Realcomp #20240077501

Listed
$429,700
+126.28%
08/01/2015
Realcomp

Realcomp #215062603

Sold
$189,900

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

$245,543
Asking price
$429,700
Closing costs (~8% of asking)
-$34,376
Est. remaining loan balance
-$149,781
Cash to seller
$245,543

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

August 2021

Original loan amount

$160,949

Est. remaining balance

$149,781

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Jonathan Kiskaddon and Tess Kiskaddon

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: 11/22/2024 at 11:00 AM

Listing updated: 10/21/2024 at 8:45 PM

Listed by: Grace Mulcahy, @properties Christie's Int'l R.E. Birmingham Phone #: (248) 850-8632

MLS: Realcomp #20240077501

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