NOT LISTED FOR SALE

1114 Pearson St Ferndale, MI 48220

Estimated Value: $347,942 - $386,000

3 Beds
1.5 Baths
1,801 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $349,000 $194 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,465/month

21 Days on Market

Highlights

  • Deck
  • Terrace
  • Covered Patio or Porch
  • Contemporary Architecture
  • No HOA
  • Stainless Steel Appliances

About This Home

As of November 2023

Welcome to 1114 Pearson Street: a charming 3 bedroom, 1.5 bathroom contemporary split-level boasting over 1,800 square feet, located in trendy Ferndale. As you walk in under the covered front patio, the first floor boasts a spacious living room with natural light and built in shelving, dining room with barn door covered pantry space, and a beautiful kitchen with granite countertops and plenty of storage and counter space. Past the kitchen you will find the updated primary bathroom complete with a deep soaker bathtub and tasteful finishes, a functional laundry and utility area and one of the light-filled bedrooms complete with sliding door walkout to private terrace deck overlooking the backyard and fire pit. Upstairs you will love the 2 spacious bedrooms with his and her closets and convenient half bath. Step down to the finished basement where you will find even more living space and walkout access to the incredible fenced in back yard complete with sunken, custom built stone fire pit area that is perfect for entertaining. With its prime location near schools, downtown Ferndale, Livernois Avenue and more, this home is a must-see for anyone looking for a unique, charming, turn-key property in Ferndale.

Last Agent to Sell the Property

Carly Peil

RE/MAX Eclipse License #6501432709 Listed on: 08/31/2023

RE/MAX Eclipse

Co-Listed By

Lauryn Laszczak

EXP Realty Main License #6501400148

Last Buyer's Agent

William Mallow

Coldwell Banker Professionals-Northville License #6501421609

Coldwell Banker Professionals-Northville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40.00 x 133.00
  • Back Yard Fenced

Home Design

  • 1,801 Sq Ft Home
  • Contemporary Architecture
  • Split Level Home
  • Tri-Level Property
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Terrace

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 2533276018
  • $1,000 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,450

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary, Split Level
  • Architecture Level: Tri-Level
  • Assessment: 172.00
  • Year Built: 1947
  • State Equalized Value: 105260.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Furnished - No
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1801

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch - Covered, Deck, Porch, Terrace, Patio - Covered
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.12
  • Lot Dimensions: 40.00 x 133.00
  • Parcel Number: 2533276018

Tax Info

  • Tax Amount Summer: 4340.0000
  • Tax Amount Winter: 110.0000
  • Total Tax: 4450.0000
  • Taxable Value: 60750.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Nov 14, 2023
Sold by
Spencer Drew M
Bought by
Bourque Amber E
Seller's Agent
Carly Peil
RE/MAX Eclipse
Buyer's Agent
William Mallow
Coldwell Banker Professionals-Northville
List Price
$369,900
Sold Price
$349,000
Premium/Discount to List
-$20,900
-5.65%
Views
35
Current Estimated Value
$363,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,486
Avg. Annual Appreciation
1.82%
Original Mortgage
$338,530
Outstanding Balance
$332,613
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$30,873

Purchase Details

Closed on
Aug 22, 2016
Sold by
Spencer Ryan and Spencer Drew M
Bought by
Spencer Drew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Metro Developers Llc
Bought by
Spencer Ryan and Spencer Drew M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,832
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2008
Sold by
Misner Jillian
Bought by
Wells Fargo Bank Na and Certificate Holders Park Place Securitie

Purchase Details

Closed on
Apr 1, 2005
Sold by
Reyes Jose V
Bought by
Misner Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,315
Interest Rate
8.94%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 31, 2000
Sold by
Verghese Sajji
Bought by
Reyes Jose V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.64%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Mcconnell Robert
Bought by
Verghese Sajji

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,550
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bourque Amber E $349,000 Greater Macomb Title Agency
Bourque Amber E $349,000 Greater Macomb Title Agency
Spencer Drew M -- Stewart
Spencer Ryan $78,250 Attorneys Title Agency Llc
Wells Fargo Bank Na $142,650 None Available
Misner Jillian $167,700 Capital Title Ins Agency
Reyes Jose V $140,000 --
Verghese Sajji $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bourque Amber E $338,530
Closed Bourque Amber E $338,530
Previous Owner Spencer Drew M $71,600
Previous Owner Spencer Ryan $76,832
Previous Owner Misner Jillian $159,315
Previous Owner Reyes Jose V $140,000
Previous Owner Verghese Sajji $98,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2023 11/14/23 Sold $349,000 -1.7% $194 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/11/2023 09/11/23 Price Changed $354,900 -4.1% $197 / Sq Ft
08/31/2023 08/31/23 For Sale $369,900 -- $205 / 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 $6,935 $156,560 $0 $0
2024 $6,653 $133,900 $0 $0
2023 $4,488 $122,950 $0 $0
2022 $4,450 $105,260 $0 $0
2021 $3,365 $100,290 $0 $0
2020 $3,189 $97,770 $0 $0
2019 $3,241 $92,270 $0 $0
2018 $3,253 $69,820 $0 $0
2017 $3,211 $70,160 $0 $0
2016 $3,172 $67,250 $0 $0
2015 -- $64,540 $0 $0
2014 -- $56,650 $0 $0
2011 -- $49,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230073441

Realcomp

APN: 25-33-276-018