NOT LISTED FOR SALE

1100 Vester St Ferndale, MI 48220

Estimated Value: $215,000 - $237,467

3 Beds
1 Bath
1,042 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $191,000 $183 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,651/month

44 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • Enclosed Patio or Porch

About This Home

As of October 2022

Freshly updated home minutes from downtown Ferndale! New hardwood flooring, kitchen cabinets & countertop, freshly painted throughout and ready for you to move in. Enjoy the summer weather in your spacious backyard and rainy days on the enclosed front porch. Walk or ride your bike down the street to some of Ferndale's most popular shops, restaurants, and bars. BATVAI

Last Agent to Sell the Property

Ryan Lane

Max Broock, REALTORS®-Detroit License #6501387972 Listed on: 06/27/2022

Max Broock, REALTORS®-Detroit

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922 | Remodeled in 2022

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 105.00

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,042 Sq Ft Home
  • 1.5-Story Property
  • Gas Cooktop
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • East Urbanrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2526355012
  • $6,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,656

Year Built

Built in 1922 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Assessment: 172.00
  • Year Built: 1922
  • State Equalized Value: 69850.0000
  • Year Renovated: 2022
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Interior Entry, Unfinished
  • Kitchen Appliances: Gas Cooktop
  • Sq Ft Combined: 1042
  • Total Sq Ft: 1042
  • Sq Ft Total Bsmt: 777

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Porch - Enclosed, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • 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: Hazel Park

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00 x 105.00
  • Parcel Number: 2526355012

Tax Info

  • Tax Amount Summer: 2601.0000
  • Tax Amount Winter: 55.0000
  • Total Tax: 2656.0000
  • Taxable Value: 30210.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 13, 2022
Sold by
Urbanrest Properties Llc
Bought by
Chapin Chelsea-Lynn
Seller's Agent
Ryan Lane
Max Broock, REALTORS®-Detroit
Buyer's Agent
Jim Shaffer
Good Company
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%
Current Estimated Value
$228,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,617
Avg. Annual Appreciation
6.46%
Original Mortgage
$171,900
Outstanding Balance
$164,538
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$64,079

Purchase Details

Closed on
Nov 23, 2010
Sold by
Dietrich Wesley D and Dietrich Mary C
Bought by
Urbanrest Properties Llc

Purchase Details

Closed on
Jan 31, 1997
Sold by
Bmi Partners
Bought by
Mary C Dietrich Tr
Source: Public Records

Range of Values:

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Average Value
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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
Chapin Chelsea-Lynn $191,000 Title One
Chapin Chelsea-Lynn $191,000 Title One
Urbanrest Properties Llc -- None Available
Mary C Dietrich Tr $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chapin Chelsea-Lynn $171,900
Closed Chapin Chelsea-Lynn $171,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2022 10/25/22 Sold $191,000 +0.6% $183 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $189,900 -2.6% $182 / Sq Ft
06/27/2022 06/27/22 For Sale $195,000 -- $187 / 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 $4,984 $93,900 $0 $0
2023 $5,275 $86,310 $0 $0
2022 $2,671 $79,760 $0 $0
2021 $2,656 $69,850 $0 $0
2020 $2,555 $59,900 $0 $0
2019 $2,567 $51,630 $0 $0
2018 $2,524 $41,930 $0 $0
2017 $2,542 $40,000 $0 $0
2016 $2,450 $37,010 $0 $0
2015 -- $31,570 $0 $0
2014 -- $27,240 $0 $0
2011 -- $32,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221010530

Realcomp

APN: 25-26-355-012