tomo logo

$289,000

Beds
3
Baths
1.5
sq ft
1,200

970 Pearson St, Ferndale, MI 48220

970 Pearson St

Ferndale, MI 48220

  • 29 days on market
    • Price drop $10,000↓
Charming 1927 Colonial home located in the heart of Ferndale! The kitchen has been modernized with updated cabinets and granite countertops, offering both style and functionality. The Bathroom is finished with slate tiles and includes a large storage closet for added convenience. The home offers durable vinyl siding and windows, as well as newer HVAC and hot water heater. The deep, fenced yard provides ample space, with the potential to add a garage if desired.

Details

Property type

Single Family Residence

Est. home value

$294,106

Lot size

5,227 sq ft

Price per sq ft

$241

Year built

1927

Annual property taxes

$7,623

Price History

09/12/2024
Realcomp

Realcomp #20240061880

Price change
$289,000
-3.34%
08/20/2024
Realcomp

Realcomp #20240061880

Listed
$299,000
+53.96%
01/08/2019
Realcomp

Realcomp #218110493

Sold
$194,200
+43.85%

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

$174,586
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$91,294
Cash to seller
$174,586

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

Seller’s Loan History

Lender

Shore Mortgage

Loan start date

December 2006

Original loan amount

$143,366

Est. remaining balance

$91,294

Interest rate

6.33%

Loan type

FHA, 30 year

Seller

Jason Thompson

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?

Similar Homes Nearby

A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
Price drop
Realcomp
$269,900
3 bd
|
1 ba
|
1,200 sq ft
|
House

639 E Hazelhurst St, Ferndale, MI 48220

A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
Pending
Realcomp
$275,000
3 bd
|
1.5 ba
|
1,134 sq ft
|
House

1870 Central St, Ferndale, MI 48220

A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
A home in Ferndale
Price drop
Realcomp
$294,000
3 bd
|
1 ba
|
1,530 sq ft
|
House

581 Spencer St, Ferndale, MI 48220

Status: Active

Tomo last checked: 09/19/2024 at 4:55 AM

Listing updated: 09/12/2024 at 10:11 AM

Listed by: Matthew Bazner, Max Broock, REALTORS-Royal Oak Phone #: (248) 548-9100

MLS: Realcomp #20240061880

Realcomp logo

Recently listed in Ferndale

$424,000|4 bd|2.5 ba|House
$215,000|3 bd|1.0 ba|House
$469,900|4 bd|2.0 ba|Townhouse
$399,900|3 bd|2.5 ba|House
$259,900|3 bd|1.0 ba|House
$359,900|3 bd|1.5 ba|House
$399,800|3 bd|2.0 ba|House
$288,000|3 bd|1.5 ba|House
$360,000|3 bd|2.0 ba|House

Explore top cities in Michigan