NOT LISTED FOR SALE

1067 Pearson St Ferndale, MI 48220

Estimated Value: $324,000 - $372,000

3 Beds
2 Baths
1,257 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $160,000 $127 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,302/month

20 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Fenced
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2013

Grab your agent and bring a Purchase Agreement, you'll be sold before you walk through the door. Old world charm meets modern day comforts. CHARM of an open porch, grand architecture and Hrd wood floors. MODERN kitchen, master suite, double sinks, walk in closet, finished basement, stainless steel appliances, granite counter tops and more. Plus 2009 roof, furnace and other major mechanicals. Larger back yard, walking distance to downtown Ferndale.

Last Agent to Sell the Property

Mike Sher

Max Broock, REALTORS®-Bloomfield Hills License #6502346400 Listed on: 03/12/2013

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Patricia Teeley

Good Company License #RCO-6501280195

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

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

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,257 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement
  • Sump Pump

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

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 2533278011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,750

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: YES
  • Year Built: 1953
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1807
  • Sq Ft Lower Floor: 550
  • Total Sq Ft: 1257
  • Sq Ft Total Bsmt: 828

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Shed, Fenced, Lighting
  • Porch Type: Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • 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

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1409091.0000
  • Lot Size Area: 0.11
  • Lot Dimensions: 40X122
  • Parcel Number: 2533278011

Tax Info

  • Tax Amount Summer: 2684.0000
  • Tax Amount Winter: 66.0000
  • Total Tax: 2750.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
May 2, 2013
Sold by
Brewer Abbey and Brewer Mark
Bought by
Peltz Cathryn
Seller's Agent
Mike Sher
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Patricia Teeley
Good Company
List Price
$155,000
Sold Price
$160,000
Premium/Discount to List
$5,000
3.23%
Total Days on Market
20
Current Estimated Value
$342,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,254
Avg. Annual Appreciation
6.50%
Original Mortgage
$144,000
Outstanding Balance
$103,949
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$238,305

Purchase Details

Closed on
Aug 5, 2009
Sold by
Coburn Robert
Bought by
Brewer Abbey and Brewer Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,423
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2009
Sold by
Secretary Of Housing & Urban Development
Bought by
Coburn Robert E

Purchase Details

Closed on
May 23, 2008
Sold by
National City Real Estate Services Llc
Bought by
Hud

Purchase Details

Closed on
Apr 22, 2008
Sold by
Rees Raymond
Bought by
National City Real Estate Services Llc and Commonwealth United Mortgage Co

Purchase Details

Closed on
Nov 7, 2007
Sold by
Rees Raymond L and Trotz Saely L
Bought by
Rees Raymond L

Purchase Details

Closed on
Sep 14, 2005
Sold by
Rees Raymond L
Bought by
Rees Raymond L and Trotz Sally L

Purchase Details

Closed on
Sep 24, 1999
Sold by
Rees Juanita E
Bought by
Rees Raymond
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
Peltz Cathryn $160,000 Parks
Brewer Abbey $114,500 Partners Title Agency Llc
Coburn Robert E $25,000 None Available
Hud -- None Available
National City Real Estate Services Llc $135,260 None Available
Rees Raymond L -- Great Lakes Title Michigan
Rees Raymond L -- --
Rees Raymond -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peltz Cathryn $144,000
Previous Owner Brewer Abbey $112,423
Previous Owner Ress Raymond $21,000
Previous Owner Rees Raymond $136,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2013 05/02/13 Sold $160,000 +3.2% $127 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $155,000 -- $123 / Sq Ft
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 $4,636 $139,640 $0 $0
2023 $4,507 $130,780 $0 $0
2022 $4,535 $112,970 $0 $0
2021 $4,563 $110,430 $0 $0
2020 $4,322 $110,840 $0 $0
2019 $4,393 $106,750 $0 $0
2018 $4,410 $90,780 $0 $0
2017 $4,353 $91,440 $0 $0
2016 $4,304 $87,940 $0 $0
2015 -- $84,230 $0 $0
2014 -- $72,830 $0 $0
2011 -- $47,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 213022886

Realcomp

APN: 25-33-278-011