NOT LISTED FOR SALE

1061 Pearson St Ferndale, MI 48220

Estimated Value: $232,000 - $310,000

2 Beds
1 Bath
1,067 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $124,000 $116 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $1,853/month

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Security System Owned
  • No HOA
  • Porch
  • Forced Air Heating System

About This Home

As of May 2016

Solid 2 bedroom ranch is perfect for a 1st time home buyer or an investor looking to rent it out. Nice large kitchen & living room, full basement, 2+ car garage, extra 10x12 room off bedroom, and a huge bathroom. Updated furnace, bathroom, HWT, glass block windows, PVC drains, and electrical. Windows were upgraded in the 80's and work just fine. Make your appointment today.
Licensed real estate agent must be physically present for all showings or previews. No virtual showings.

Last Agent to Sell the Property

Robert Visingardi

Real Broker Birmingham License #6501279563 Listed on: 05/13/2016

Real Broker Birmingham

Last Buyer's Agent

Deborah O'Leary

Sine & Monaghan, LLC License #6501311372

Sine & Monaghan, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x122.87
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • 1,067 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disposal
  • Dryer
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533278012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,531

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Security Alarm (owned)
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove
  • Total Sq Ft: 1067

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1044545.4545
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X122.87
  • Parcel Number: 2533278012

Tax Info

  • Tax Amount Summer: 2472.0000
  • Tax Amount Winter: 59.0000
  • Total Tax: 2531.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
May 26, 2016
Sold by
Edwards Nancy E and Edwards Stanley J
Bought by
Polen Andrew S
Seller's Agent
Robert Visingardi
Real Broker Birmingham
Buyer's Agent
Deborah O'Leary
Sine & Monaghan, LLC
List Price
$114,900
Sold Price
$124,000
Premium/Discount to List
$9,100
7.92%
Current Estimated Value
$278,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,863
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Mar 31, 2013
Sold by
Edwards Stanley J and Edwards Evelyn M
Bought by
Stanley J Edwards & Evelyn M Edwards Tru and Edwards Evelyn M

Purchase Details

Closed on
Mar 31, 2003
Sold by
Edwards Paul William and Edwards Jane
Bought by
Edwards Stanley J and Edwards Evelyn M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Polen Andrew S $124,000 First American Title Ins Co
Stanley J Edwards & Evelyn M Edwards Tru -- None Available
Edwards Stanley J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $124,000 +7.9% $116 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $114,900 -- $108 / Sq Ft
Source: Realcomp

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
2025 $4,856 $125,700 $0 $0
2024 $4,660 $126,830 $0 $0
2023 $4,531 $117,920 $0 $0
2022 $4,559 $102,010 $0 $0
2021 $4,587 $98,740 $0 $0
2020 $4,344 $98,260 $0 $0
2019 $4,416 $94,140 $0 $0
2018 $4,305 $74,550 $0 $0
2017 $4,298 $73,880 $0 $0
2016 $2,022 $56,250 $0 $0
2015 -- $53,880 $0 $0
2014 -- $47,400 $0 $0
2011 -- $39,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216046525

Realcomp

APN: 25-33-278-012