NOT LISTED FOR SALE

1347 Pearson St Ferndale, MI 48220

Estimated Value: $289,408 - $321,000

3 Beds
1 Bath
1,087 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 05, 2021

Last sale price $250,000 $230 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,044/month

31 Days on Market

Highlights

  • Deck
  • Porch
  • Shed
  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of October 2021

Beautiful bungalow on a desirable street within walking distance of downtown Ferndale! Hardwood floors & crown molding throughout much of the main level. Beautiful coved ceilings in the sunny living room and 3 bay windows in the open dining room. Amazing master suite has lots of natural light and a huge walk-in closet with built-in shelves. More great storage in the basement laundry/storage room. Lower level also includes a large fully finished family room w/ recessed lights, TV area with built-in entertainment system, designer carpet, and plenty of extra space for a pool, ping pong or large dining table. New furnace (2018). Private and fully-fenced backyard oasis features a delightful brick paver patio, large deck and shed w/ plenty of storage for your mower, bikes, and lawn tools. More great seating on the front porch. Wonderful central location near highways, parks, as well as Ferndale's plentiful stores and restaurants.

Last Agent to Sell the Property

Anne Hammond

Coldwell Banker Professionals-Birm License #6501226313 Listed on: 08/31/2021

Coldwell Banker Professionals-Birm

Last Buyer's Agent

Annaliese Ruggero

KW Metro License #RCO-6501403756

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1942

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,087 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • ENERGY STAR Qualified Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533252012
  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,470

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1942
  • State Equalized Value: 78070.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: ENERGY STAR® qualified dryer, Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Total Sq Ft: 1087

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), 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

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50 x 125
  • Parcel Number: 2533252012

Tax Info

  • Tax Amount Summer: 3359.0000
  • Tax Amount Winter: 111.0000
  • Total Tax: 3470.0000
  • Taxable Value: 60740.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 5, 2021
Sold by
Adams Olivia
Bought by
Adams Olivia and Swan Timothy Walker
Seller's Agent
Anne Hammond
Coldwell Banker Professionals-Birm
Buyer's Agent
Annaliese Ruggero
KW Metro
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%
Current Estimated Value
$301,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,852
Avg. Annual Appreciation
4.50%
Original Mortgage
$237,500
Outstanding Balance
$215,163
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$86,689

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 4, 2021
Sold by
Lansky Judith M
Bought by
Adams Olivia
Seller's Agent
Anne Hammond
Coldwell Banker Professionals-Birm
Buyer's Agent
Annaliese Ruggero
KW Metro
List Price
$235,000
Sold Price
$250,000
Premium/Discount to List
$15,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$215,163
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$86,689

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 26, 2016
Sold by
Jbr Investments Llc and Ringold Ryan S
Bought by
Lansky Judith M
Seller's Agent
Jeffrey Ringold
The Ringold Group LLC
Buyer's Agent
Anne Hammond
Coldwell Banker Professionals-Birm
List Price
$149,900
Sold Price
$150,007
Premium/Discount to List
$107
0.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Schweickert Laurie A and Schweickert Laurie
Bought by
Jbr Investments Llc

Purchase Details

Closed on
Nov 17, 2015
Sold by
Schweickert Laurie A and M&T Bank
Bought by
Metro Developers Llc and Gsr Properties Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Barthelemy Wendysue A and Hutchings Wendy Sue A
Bought by
Schweickert Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 1998
Sold by
Jaynes Diane S
Bought by
Hutchings Wendysue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,411
Interest Rate
6.99%
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
Adams Olivia -- First American Title
Adams Olivia $250,000 Bankers Title Stlmt Svcs
Lansky Judith M $150,007 Title One Inc
Jbr Investments Llc $83,450 Title One Inc
Metro Developers Llc $68,765 Attorney
Schweickert Laurie A $150,000 Metropolitan Title Company
Hutchings Wendysue A $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Olivia $237,500
Previous Owner Schweickert Laurie A $120,000
Previous Owner Hutchings Wendysue A $66,411
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2021 10/05/21 Sold $250,000 +6.4% $230 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $235,000 +56.7% $216 / Sq Ft
08/26/2016 08/26/16 Sold $150,007 +0.1% $137 / Sq Ft View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $149,900 -- $137 / 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
2025 $5,580 $112,240 $0 $0
2024 $4,814 $110,270 $0 $0
2023 $4,681 $103,430 $0 $0
2022 $4,710 $86,870 $0 $0
2021 $3,470 $78,070 $0 $0
2020 $3,289 $71,120 $0 $0
2019 $3,342 $65,040 $0 $0
2018 $3,355 $57,430 $0 $0
2017 $3,314 $56,290 $0 $0
2016 $2,383 $53,810 $0 $0
2015 -- $50,150 $0 $0
2014 -- $45,110 $0 $0
2011 -- $46,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anne Hammond

    Coldwell Banker Professionals-Birm

    Section Image

  • A

    Buyer's Agent in 2021

    Annaliese Ruggero

    KW Metro

    (248) 376-7064

    5 in this area

    48 Total Sales

    Annaliese Ruggero
    Section Image

  • J

    Seller's Agent in 2016

    Jeffrey Ringold

    The Ringold Group LLC

    Section Image
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Map

Source: Realcomp

MLS Number: 2210071804

Realcomp

APN: 25-33-252-012

Michigan Oakland County Ferndale 48220

1347 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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