NOT LISTED FOR SALE

1367 Pearson St Ferndale, MI 48220

Estimated Value: $261,000 - $305,000

3 Beds
1.5 Baths
1,093 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $163,500 $150 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,983/month

101 Days on Market

Highlights

  • Cape Cod Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 1 Car Detached Garage
  • Ceiling Fan

About This Home

As of March 2019

Warm and open floor plan awaits you in this special home. Located on one of Ferndale's finest streets and only blocks to the vibrant downtown. Natural light throughout with open living spaces, hardwood floors a bay window and a charming kitchen with plenty of storage. First floor bedroom and full bathroom located on the main floor and a large Florida Room waiting for your finishing touches. Upstairs you'll find two spacious bedrooms with cozy alcove spaces. Partially finished basement adds much more living space with a half bath that adds even more potential. A 1 car garage and a nice sized fenced in lot makes this home truly special.

Last Agent to Sell the Property

Jonathan Levin

Urban Ridge Realty LLC License #6501316960 Listed on: 10/26/2018

Last Buyer's Agent

Leanne Smits

Real Estate One-Royal Oak License #6501271221

Real Estate One-Royal Oak

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Fenced

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,093 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

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 2533252010
  • $4,905 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1593
  • Sq Ft Lower Floor: 500
  • Total Sq Ft: 1093
  • Sq Ft Total Bsmt: 829

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

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

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1285714.2857
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X125
  • Parcel Number: 2533252010

Tax Info

  • Tax Amount Summer: 4056.0000
  • Tax Amount Winter: 126.0000
  • Total Tax: 4182.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2018
Closed on
Mar 20, 2019
Sold by
Norton Zachary T and Shaddock Kelly
Bought by
Forey Marleija
Seller's Agent
Jonathan Levin
Urban Ridge Realty LLC
Buyer's Agent
Leanne Smits
Real Estate One-Royal Oak
List Price
$195,000
Sold Price
$163,500
Premium/Discount to List
-$31,500
-16.15%
Current Estimated Value
$286,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,982
Avg. Annual Appreciation
8.85%
Original Mortgage
$155,325
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 22, 2016
Sold by
Robinson Teri and Emrich Teri
Bought by
Norton Zachary T and Shaddock Kelly A
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$120,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
Dixon Lisa
Bought by
Emrich Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
6.3%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Emrich Teri
Bought by
Emrich Teri
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Forey Marleija $163,500 None Available
Norton Zachary T $150,000 None Available
Emrich Teri -- --
Emrich Teri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forey Marleija $155,000
Closed Forey Marleija $155,500
Closed Forey Marleija $155,325
Previous Owner Norton Zachary T $120,000
Previous Owner Robinson Teri $98,750
Previous Owner Emrich Teri $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $163,500 -9.2% $150 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/03/2019 01/03/19 Price Changed $180,000 -2.2% $165 / Sq Ft
12/11/2018 12/11/18 Price Changed $184,000 -2.6% $168 / Sq Ft
11/19/2018 11/19/18 Price Changed $189,000 -3.1% $173 / Sq Ft
10/26/2018 10/26/18 For Sale $195,000 +30.0% $178 / Sq Ft
08/22/2016 08/22/16 Sold $150,000 0.0% $137 / Sq Ft
08/22/2016 08/22/16 Rented $150,000 +5900.0% --
07/06/2016 07/06/16 Under Contract -- -- --
07/06/2016 07/06/16 Pending -- -- --
07/05/2016 07/05/16 For Rent $2,500 0.0% --
07/01/2016 07/01/16 For Sale $150,000 -- $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
2024 $5,064 $115,950 $0 $0
2023 $4,925 $108,860 $0 $0
2022 $4,956 $99,820 $0 $0
2021 $4,986 $91,940 $0 $0
2020 $4,722 $87,440 $0 $0
2019 $4,206 $81,900 $0 $0
2018 $4,222 $73,050 $0 $0
2017 $4,182 $71,800 $0 $0
2016 $3,316 $57,800 $0 $0
2015 -- $53,910 $0 $0
2014 -- $48,410 $0 $0
2011 -- $48,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218104816

Realcomp

APN: 25-33-252-010