$120,000
SOLD JUN 2, 2016

1125 Pearson St Ferndale, MI 48220

3 Beds
1 Bath
1,047 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$115 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Enclosed patio or porch
  • Humidifier
  • 2 Car Detached Garage
  • Bungalow
  • Forced Air Heating System

About This Home

As of June 2016

Original owner! Calling all investors. This bargain-priced 3-bedroom bungalow located just a few blocks from downtown Ferndale is mechanically and structurally sound. Features hardwood floors (some under carpeting), main floor master bedroom, dry basement, enclosed front porch and fenced yard plus updated bath, roof (tear off), windows, High-Efficiency furnace and sewer line from house to main. Buyers Agent to Verify All Information.

Last Agent to Sell the Property

Scott Sowles

Key Realty One License #6501315192 Listed on: 05/17/2016

Last Buyer's Agent

Scott Sowles

Key Realty One License #RCO-6501315192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 42 x 122.93
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,047 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Ridgeway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533278008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: High Spd Internet Avail, Humidifier
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Refrigerator
  • Sq Ft Combined: 1047
  • Total Sq Ft: 1047
  • Sq Ft Total Bsmt: 500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Construction Features: Platted Sub.
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 42
  • Porch Type: Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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: 999166.6667
  • Lot Size Area: 0.12
  • Lot Dimensions: 42 x 122.93
  • Parcel Number: 2533278008

Tax Info

  • Tax Amount Summer: 1973.0000
  • Tax Amount Winter: 63.0000
  • Total Tax: 2036.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 2, 2016
Sold by
Ottman Leslie
Bought by
Pendolino James M
Seller's Agent
Scott Sowles
Key Realty One
Buyer's Agent
Scott Sowles
Key Realty One
List Price
$119,900
Sold Price
$120,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$273,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,948
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
May 29, 2008
Sold by
Maier Doris Read and Maier Eugene D
Bought by
Maier Doris Read and Ottman Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2002
Sold by
Maier Eugene D
Bought by
Maier Eugene D
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 Type Sale Price Title Company
Warranty Deed $120,000 First American Title Ins Co
Interfamily Deed Transfer -- Philip R Seaver Title Co Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $10,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Rented $1,400 -3.4% --
02/09/2017 02/09/17 Under Contract -- -- --
02/09/2017 02/09/17 For Rent $1,450 0.0% --
06/02/2016 06/02/16 Sold $120,000 +0.1% $115 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $119,900 -- $115 / 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 $5,307 $109,810 $0 $0
2023 $5,161 $100,950 $0 $0
2022 $5,308 $88,100 $0 $0
2021 $5,290 $83,870 $0 $0
2020 $5,061 $82,320 $0 $0
2019 $5,100 $78,400 $0 $0
2018 $5,086 $66,750 $0 $0
2017 $5,120 $66,850 $0 $0
2016 $2,136 $55,270 $0 $0
2015 -- $52,860 $0 $0
2014 -- $46,440 $0 $0
2011 -- $40,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216047623

Realcomp

APN: 25-33-278-008