NOT LISTED FOR SALE

1051 Pearson St Ferndale, MI 48220

Estimated Value: $290,000 - $318,202

3 Beds
1 Bath
1,104 Sq Ft
$278/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $218,000 $197 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,086/month

3 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of April 2020

Move in ready brick ranch in Ferndale with hardwood floors throughout, clean spacious basement, and rear Florida room filled with natural light. Large living room with bright bay window opens to the dining area. Roomy eat in kitchen with tile counters and backsplash and plenty of cabinet space. Three nice sized bedrooms share a full bath. Full-sized basement has laundry area and tons of storage space. Covered front porch and fenced backyard with brick patio and detached garage. Close to downtown Ferndale shopping and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/11/2020

Good Company

Last Buyer's Agent

Abigail Sochacki

Keller Williams Advantage License #6501372285

Keller Williams Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x122x40x122
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,104 Sq Ft Home
  • Ceiling Fan
  • Free-Standing Electric Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533278013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,794

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1955
  • State Equalized Value: 87870.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 1104
  • Total Sq Ft: 1104
  • Sq Ft Total Bsmt: 1026

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Size Area: 0.11
  • Lot Dimensions: 40X122X40X122
  • Parcel Number: 2533278013

Tax Info

  • Tax Amount Summer: 3706.0000
  • Tax Amount Winter: 88.0000
  • Total Tax: 3794.0000
  • Taxable Value: 50240.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2025
Sold by
Nance Brian Lee and Guibord David Gerald
Bought by
Guibord David Gerald
Total Days on Market
3
Current Estimated Value
$307,301

Purchase Details

Listed on
Mar 11, 2020
Closed on
Apr 10, 2020
Sold by
Edwards Paul
Bought by
Nance Brian and Guibord David
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Abigail Sochacki
Keller Williams Advantage
List Price
$219,900
Sold Price
$218,000
Premium/Discount to List
-$1,900
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$200,450
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2016
Sold by
Edwards Nancy E and Edwards Stanley J
Bought by
Edwards Nancy and Edwards Paul

Purchase Details

Closed on
Mar 31, 2003
Sold by
Edwards Stanley J and Edwards Evelyn M
Bought by
Stanley J Edwads & Evelyn M Edwards Trus and Edwards Evelyn M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Guibord David Gerald $55,000 First American Title
Nance Brian $218,000 First American Title
Edwards Nancy -- None Available
Stanley J Edwads & Evelyn M Edwards Trus -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nance Brian $200,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $218,000 -0.9% $197 / Sq Ft
03/14/2020 03/14/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $219,900 0.0% $199 / Sq Ft
02/24/2017 02/24/17 Rented $1,400 0.0% --
02/20/2017 02/20/17 Under Contract -- -- --
02/17/2017 02/17/17 For Rent $1,400 0.0% --
01/18/2017 01/18/17 Under Contract -- -- --
01/13/2017 01/13/17 Price Changed $1,400 -3.4% $1 / Sq Ft
12/16/2016 12/16/16 For Rent $1,450 +9.4% --
08/15/2015 08/15/15 Rented $1,325 +1.9% --
08/02/2015 08/02/15 Under Contract -- -- --
07/30/2015 07/30/15 For Rent $1,300 -- --
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $5,460 $133,540 $0 $0
2023 $5,310 $124,830 $0 $0
2022 $5,345 $107,990 $0 $0
2021 $5,356 $95,460 $0 $0
2020 $2,835 $93,150 $0 $0
2019 $3,794 $87,870 $0 $0
2018 $3,783 $76,070 $0 $0
2017 $3,728 $76,660 $0 $0
2016 $3,685 $73,710 $0 $0
2015 -- $70,790 $0 $0
2014 -- $61,780 $0 $0
2011 -- $54,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200018641

Realcomp

APN: 25-33-278-013