NOT LISTED FOR SALE

1371 E Chesterfield St Ferndale, MI 48220

Estimated Value: $192,000 - $230,000

3 Beds
1 Bath
1,112 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $60,000 $54 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $1,383/month

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Forced Air Heating System
  • No HOA
  • Shed
  • Ceiling Fan

About This Home

As of November 2015

You'll love this neat and tidy ranch situated in a friendly neighborhood on a tree lined street in Ferndale. This 3 bedroom, 1 bath home with family and laundry rooms offers 1112 sq ft of well laid out space to move about without losing that quaint, cozy atmosphere. The home has all newer mechanicals, recently updated interior, a neutral palette with hardwood floors. Immediate occupancy at closing. The enclosed back yard is just waiting for a grill and an urban garden! The roomy shed with electricity could easily be an art studio, she shed or work shop. Lovely charmer located in the progressive and desirable City of Ferndale. The house is one half mile to Woodward, walking distance to grocery store and shops, short drive to major highways and 10 minutes to downtown Ferndale or trendy Midtown Detroit.

Last Agent to Rent the Property

Stephanie Montour

@properties Christie's Int'l R.E. Birmingham License #6501377774 Listed on: 10/28/2015

@properties Christie's Int'l R.E. Birmingham

Last Renter's Agent

Stephanie Montour

@properties Christie's Int'l R.E. Birmingham License #6501377774 Listed on: 10/28/2015

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 1954

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x107.5

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,112 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ford Heights Add Sub Ferndale Subdivision

Listing and Financial Details

  • Negotiable Lease Term
  • Application Fee: 35.00
  • Assessor Parcel Number 2535455021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Application Fee: 35.00
  • Lease Type: Single Family House
  • Security Deposit: 1.50

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 1112
  • Total Sq Ft: 1112

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Frontage Feet: 40
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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

Fee Information

  • Additional Fee: 150.00

Schools

  • School District: Hazel Park

Lot Info

  • List Price per Acre: 9500.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 40X107.5
  • Parcel Number: 2535455021

Multi Family

  • Length of Lease: Negotiable

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Augustus Property Investors Vi Llc
Bought by
Augustus Homes De Llc
Current Estimated Value
$214,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,415,000
Outstanding Balance
$4,556,459
Interest Rate
4.8%
Mortgage Type
Construction
Estimated Equity
-$4,367,135

Purchase Details

Listed on
Oct 28, 2015
Closed on
Oct 21, 2015
Sold by
Querrard Debbie K and Rexenes Patricia J
Bought by
Augustus Property Investors Vi Llc
Seller's Agent
Stephanie Montour
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Stephanie Montour
Max Broock, REALTORS®-Birmingham
Sold Price
$950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%

Purchase Details

Listed on
Jun 6, 2013
Closed on
Oct 29, 2013
Sold by
Citibank Na
Bought by
Querrard Debbie K and Rexenes Patricia J
Seller's Agent
John Koerner
Premier Realty Professionals, Inc
Buyer's Agent
John Koerner
Premier Realty Professionals, Inc
List Price
$34,650
Sold Price
$24,500
Premium/Discount to List
-$10,150
-29.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.05%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Stephenson Thomas A and Stephenson Catherine
Bought by
Citibank Na
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
Augustus Homes De Llc -- Premium Title Service Inc
Augustus Property Investors Vi Llc $60,000 None Available
Citibank Na $23,654 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Augustus Homes De Llc $9,415,000
Previous Owner Stephenson Thomas A $117,000
Previous Owner Stephenson Thomas A $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2015 11/11/15 Rented $950 -2.6% --
11/05/2015 11/05/15 Under Contract -- -- --
10/28/2015 10/28/15 For Rent $975 0.0% --
10/22/2015 10/22/15 Sold $60,000 -14.2% $54 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $69,900 +185.3% $63 / Sq Ft
11/15/2013 11/15/13 Sold $24,500 -29.3% $22 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $34,650 -- $31 / 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 $2,534 $75,520 $0 $0
2023 $2,602 $63,000 $0 $0
2022 $2,563 $57,110 $0 $0
2021 $2,549 $52,990 $0 $0
2020 $2,452 $49,340 $0 $0
2019 $2,463 $46,050 $0 $0
2018 $2,422 $36,140 $0 $0
2017 $2,374 $34,910 $0 $0
2016 $2,350 $26,540 $0 $0
2015 -- $25,490 $0 $0
2014 -- $22,810 $0 $0
2011 -- $33,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 215116438

Realcomp

APN: 25-35-455-021