Video tour of the first-floor corner condo in Bloomfield Concord, Bloomfield Township.
Sold | Bloomfield Township, Michigan (2022)
This first-floor corner condo in Bloomfield Concord was successfully sold in 2022 for $140,000 in Bloomfield Township. With multiple offers on the table, the seller was guided through a detailed offer analysis that prioritized net proceeds, lender strength, and execution certainty — resulting in a smooth transaction from acceptance through closing.
Property Overview
📍 339 Concord Place, Unit 1, Bloomfield Township, MI 48304
💰 Sold for $140,000
🏢 Condominium | Bloomfield Concord (OCCPN 249)
🛏 2 Bedrooms
🛁 1.5 Bathrooms
🚗 Carport (2 Spaces Allowed)
📍 Oakland County
📅 Sold in 2022
Why This Home Sold Successfully
This sale demonstrates why offer analysis goes far beyond loan type.
The seller received two competing offers:
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One conventional financing offer
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One FHA financing offer requiring spot approval
A less experienced approach would have defaulted to the conventional offer due to perceived FHA risk. Instead, a full strategic review was conducted that considered:
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Net proceeds, not just financing type
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Lender quality and communication
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Buyer qualification and motivation
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Cleanliness and clarity of the offer presentation
Key strategic outcomes:
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The FHA offer ultimately netted the seller more money
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The FHA buyer had a strong lender and clean file, reducing risk
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After disclosing the competing offer, the FHA buyer agreed to pay the remaining $2,172 special assessment, which was originally the seller’s responsibility at closing
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Once under contract, the buyer chose not to request any seller concessions following inspection, prioritizing a smooth closing
The seller had purchased the condo just two years prior for $95,000 and completed minimal improvements during ownership. By carefully evaluating both offers and selecting the one that maximized net proceeds while minimizing execution risk, the seller was able to achieve a strong return driven by market positioning, lender quality, and strategic decision-making rather than renovation.
From acceptance through closing, the transaction proceeded seamlessly — validating the decision to focus on execution quality rather than assumptions about financing.
Home & Community Features
This well-maintained Bloomfield Concord condo offered several appealing features:
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Open-concept, first-floor corner unit with abundant natural light
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Carport located closest to the unit, with allowance for two spaces
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Gazebo and outdoor gathering area just steps from the unit — creating a backyard-like feel
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Kitchen with generous cabinet storage
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Natural hardwood floors beneath the vinyl flooring in living and dining areas
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Primary suite with half bathroom and walk-in closet
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A/C wall units in both the living room and primary bedroom
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Basement laundry room with a large private storage unit
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Intimate building with only four total units
While located in Bloomfield Township, the condo carries a Bloomfield Hills ZIP code, adding to its desirability.
Why This Sale Matters
This transaction highlights the importance of:
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Detailed offer vetting
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Understanding lender strength
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Strategic use of competing offers
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Looking beyond financing labels to evaluate true risk and reward
Choosing the right offer — not just the “safest-looking” one — allowed the seller to maximize proceeds and avoid unnecessary friction.
Bloomfield Township Condo Market Insight
Condos in Bloomfield Township continue to attract strong interest, especially well-maintained, low-unit buildings offering first-floor living and parking convenience. Sellers benefit most when offers are evaluated holistically rather than by financing type alone.
To view additional successful transactions, visit:
👉 Sold Homes & Sales Results
Learn more about our seller-focused strategy at:
👉 Designed Living Real Estate
Thinking About Selling a Condo?
Considering selling a condo in Bloomfield Township or Oakland County?
Offer analysis, lender vetting, and negotiation strategy matter — especially in multiple-offer situations.
👉 Schedule a listing consultation
👉 Contact Designed Living Real Estate
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