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$300,000

Beds
3
Baths
1.5
sq ft
1,140

860 Marshfield St, Ferndale, MI 48220

860 Marshfield St

Ferndale, MI 48220

  • Coming soon
    • Open house Sep 22
This beautiful brick Tudor, just minutes from downtown Ferndale, exudes charm and character with its well-maintained interior and inviting curb appeal. Step inside from the covered front porch to a bright living room featuring coved ceilings, abundant natural light, and a cozy brick fireplace. A large arched passageway leads into the formal dining room, with easy access to the raised back deck. The kitchen is both stylish and functional with tile floors, subway tile backsplash, open shelving, and plenty of cabinet space. A convenient half bath is located on the main level. Upstairs, you'll find three spacious bedrooms that share a lovely updated full bath with a subway-tiled shower. The full basement offers laundry and ample storage space. Outside, enjoy the fenced backyard with a deck and a detached garage. Close to parks, shopping, and all that downtown Ferndale has to offer. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$306,332

Lot size

4,356 sq ft

Price per sq ft

$264

Year built

1938

Annual property taxes

$3,721

Price History

04/12/2022
Realcomp

Realcomp #2220013441

Sold
$275,000
+83.33%
07/31/2014
Realcomp

Realcomp #214054198

Sold
$150,000

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

$56,258
Asking price
$300,000
Closing costs (~8% of asking)
-$24,000
Est. remaining loan balance
-$219,742
Cash to seller
$56,258

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

April 2022

Original loan amount

$230,000

Est. remaining balance

$219,742

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Anna Transit and Nicholas Matesanz

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: 09/19/2024 at 4:55 AM

Listing updated: 09/18/2024 at 2:21 PM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240068283

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