NOT LISTED FOR SALE

1010 Laprairie St Ferndale, MI 48220

Ferndale Area
10 Beds
9 Baths
4,580 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: August 19, 2025

Last sale price $1,225,000 $267 Per Sq Ft

22 Days on Market

Highlights

  • 0.31 Acre Lot
  • 9 Car Garage
  • Laundry Facilities
  • Forced Air Heating System

About This Home

As of August 2025

Well-maintained 9-unit apartment complex located just 0.5 miles from downtown Ferndale. The property consists of 8 one-bedroom units and 1 two-bedroom unit, all in classic condition offering significant upside potential through interior renovations and improved operations. New windows installed in 2024. Seller financing is not offered. Contact listing broker for offering memorandum.

Last Agent to Sell the Property

Michael McClafferty

OakPointe Real Estate Advisors License #6501421721 Listed on: 07/13/2025

Last Buyer's Agent

Daniel McCleary

JEM Realty Group, Inc License #6502113479

JEM Realty Group, Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 0.31

Parking

  • 9 Car Garage

Home Design

  • 4,580 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • 9 Full Bathrooms
  • 13,504 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2534178019

Community Details

Overview

  • 9 Units
  • Woodward Farms Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,034

Year Built

Built in 1955

Lot Details

0.31 Acres

Listing Details

  • Property Type: ResidentialIncome
  • Year Built: 1955
  • State Equalized Value: 297150.00
  • Pets Allowed: Call
  • Property Sub Type: MultiFamily
  • LotSizeAcres: 0.31
  • Co List Office Mls Id: 432912
  • Above Grade Finished Sq Ft: 4580.00
  • Living Area: 4580.00
  • ClassName: ResidentialIncome
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No
  • Full Bathrooms: 9

Exterior Features

  • Waterfront: No
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved
  • Sideof Street: NE
  • Disclosures: ProjectedIncome, TaxesNotHomesteadExempt
  • Roof: Asphalt

Garage/Parking

  • Garage: Yes
  • Total Parking Spaces: 9.00

Utilities

  • Cooling: WallUnits
  • Heating: ForcedAir, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Other
  • Laundry Features: CommonArea
  • Utilities: CableAvailable

Fee Information

  • Operating Expense: 42247.00

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Lot Dimensions: Irregular
  • Parcel Number: 2534178019
  • Zoning Description: Multiple

Rental Info

  • Rent Includes: MaintenanceOffSite, Sewer, SnowRemoval, TrashCollection, Water, YardMaintenance
  • Monthly Rental Income: 12470.00

Tax Info

  • Tax Amount Summer: 13656.00
  • Tax Amount Winter: 378.00
  • Tax Annual Amount: 14034.00

Multi Family

  • Gross Scheduled Income: 150140.00
  • Number Of Units Total: 9
  • Above Grade Finished Area Units: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2025
Closed on
Aug 19, 2025
Sold by
Bought by
Seller's Agent
Michael McClafferty
OakPointe Real Estate Advisors
Buyer's Agent
Daniel McCleary
JEM Realty Group, Inc
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%
Views
73

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ferndale, MI

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,225,000 None Listed On Document
-- --
$243,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $1,225,000 +2.1% $267 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/13/2025 07/13/25 For Sale $1,200,000 -- $262 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,816 $313,470 $0 $0
2024 $13,656 $297,150 $0 $0
2023 $12,956 $267,440 $0 $0
2022 $12,793 $246,030 $0 $0
2021 $12,753 $222,630 $0 $0
2020 $12,231 $216,340 $0 $0
2019 $12,309 $200,530 $0 $0
2014 -- $141,440 $0 $0
2011 -- $158,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20251016822

Realcomp
Your Personal Tour Guide

Ask me questions while you tour the home.