new - 1 day on rocket

8242 Farnum Ave, Warren, MI, 48093

$125,000

Home List Price

$1,484*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
1,200 SqFt
$104/SqFt
Condo

Location

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8242 Farnum Ave, Warren$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Parking1 Assigned Space
Year Built1964
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #20240086789
StatusActive

About 8242 Farnum Ave

Discover a rare opportunity to own the largest unit in the complex with this stunning 4-bedroom Lexington Townhome Co-Op. This spacious gem offers an incredible amount of room at an unbeatable price! As you step inside, you'll be greeted by beautifully refinished hardwood floors that flow through the expansive living area, leading you to a convenient first-floor half bath and beyond to a generous eat-in kitchen—perfect for hosting gatherings with even the largest dining table. Natural light floods in through the sliding door, inviting you outside to your private, fenced patio, an ideal spot for relaxation or entertaining. Venture upstairs to find four well-appointed bedrooms, each boasting plenty of closet space, hardwood floors, updated window treatments, modern interior doors, and an upgraded full bath featuring ceramic tile throughout. The unfinished basement offers so much storage potential, complete with a utility tub and washer/dryer hookups, as well as a 2-year-old central air system for your comfort. The monthly maintenance fee covers Natural Gas (Heating), Water, Property Taxes, Landscaping, and Snow Removal, making life here both convenient and economical. One of the standout features of this Co-Op is the comprehensive maintenance it includes: you'll enjoy peace of mind knowing that the stove, refrigerator, furnace, water heater, electrical system/fixtures, plumbing system, roof, windows, and siding are all taken care of for you. Beautifully landscaped and maintained community, which is well managed and ideally located for easy commuting anywhere in Metro Detroit. Cash sales or mortgage options are available—your new home awaits!

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1964
  • Stories: 2
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 724-1234
  • Listing Agent: Eric Oesterle

Interior Features

Interior Information:

  • Appliances: Electric Range, Refrigerator, Microwave
  • Basement: Yes
  • Interior: Furnished - No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Lighting, Fenced

Parking Information:

  • Parking: 1 Assigned Space

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Take Van Dyke north of 696 just past McDonalds and you will see Farnum St. Take this all the way down until the road turns to the left and you will see it on your right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
  • Price Per SqFt: $104/SqFt

HOA Fees:

  • Amount: $517
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Warren, MI.

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Warren, MI

City

Med. Sold Price

$189.9K

Med. Price/SqFt

$158

Avg. Days On Market

23

# of Sold Homes

165

8242 Farnum Ave vs Warren

1 DAY ON ROCKET

-22 Days

$125,000

-$64.9K Less

$104/SqFt

-$54 Less

KEY TAKEAWAY

This property is $64.9K less than the Median Sold Price and $54/SqFt less than other homes in Warren, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240086789

Listing Office:

  • Office Name: National Realty Centers, Inc
  • Office Phone: (248) 724-1234
  • Listing Agent: Eric Oesterle

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,208

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-197345
3
/10

  • Crothers Elementary School

  • 27401 Campbell Rd

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-197346
5
/10

  • Michigan Mathematics and Science Academy Lorraine

  • 28501 Lorraine Ave

  • 0.55 miles

  • Public Charter Grades KG-6

school-card-donut-197347
6
/10

  • Westwood Elementary School

  • 11999 Martin Rd

  • 1.10 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,352. Residents of Warren, MI typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Warren, MI

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Warren, MI?

Warren's housing market is diverse, with a mix of single-family homes, apartments, and townhouses. The architectural styles vary, with a prevalence of ranch-style and bungalow homes that reflect the city's growth during the mid-20th century. The housing landscape is primarily composed of single-family homes, which make up a significant portion of the market. The homeownership rate in Warren is robust, with a majority of residents owning their homes, while a smaller percentage are renters.

What are the advantages of living in Warren, MI?

Warren prides itself on being a community with a strong industrial heritage, which is reflected in its character. The city is celebrated for its annual events, such as the Warren Birthday Bash, which brings together residents in a festive atmosphere. The community's ambiance is one of pride and resilience, with a focus on family-friendly activities and a commitment to maintaining a vibrant local culture.

Are essential services in Warren, MI convenient?

The community is served by a solid educational system, including a number of public and private schools that cater to various educational needs. Warren is home to several healthcare facilities, offering a range of services from primary care to specialized treatments. The city's public library system is active, providing resources and programs for residents of all ages. Retail and dining options in Warren reflect the local culture, with a combination of national chains and independent businesses.

How do Warren, MI residents get around?

Warren's transport infrastructure includes a network of major roads and highways, facilitating travel and commuting within the metro Detroit area. Public transit options are available, with bus services connecting Warren to surrounding communities. The city is moderately walkable, with certain areas being more pedestrian-friendly than others. Bikeability varies across the city, with ongoing efforts to improve cycling infrastructure. Ride-sharing services are available, providing an alternative mode of transportation for residents and visitors.

Frequently Asked Questions About 8242 Farnum Ave

What is the listing price of this property?

The listing price of 8242 Farnum Ave property is $125,000.

What type of property is this?

The property 8242 Farnum Ave is a condo located in Warren, Michigan, 48093.

Is this property for sale now?

Active Listing: 8242 Farnum Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8242 Farnum Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8242 Farnum Ave is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8242 Farnum Ave is 1964.

Rocket Homes›Michigan›Macomb County›Warren›48093›8242 Farnum Ave

This home is located at 8242 Farnum Ave in Warren, MI and zip code 48093. This 1,200 square foot home was built in 1964. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $125,000.

In October 2024 more than 56 listings in Warren, MI were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 74 were sold below. The number of listings in Warren, MI increased by 13% between September 2024 and October 2024. In October 2024 median list price was $189,992 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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