NOT LISTED FOR SALE

1388 W Troy St Ferndale, MI 48220

Estimated Value: $345,000 - $384,411

3 Beds
2 Baths
1,479 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 23, 2023

Last sale price $335,000 $227 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,726/month

3 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Car Detached Garage
  • Humidifier
  • No HOA
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2023

Unique Ferndale bungalow blends original Arts & Crafts charm with beautiful modern updates. Covered front sitting porch leads to a light filled living room with hardwood floors and a cozy natural brick fireplace. Living room opens to the dining room for a great entertainment space. Spacious updated kitchen with bar seating, pendant lighting, stainless steel appliances, custom tile backsplash, and lots of cabinet and counter space. Entry level bedroom and updated full bath round out the first floor. Two large bedrooms share an updated full bath on the second floor. Large walk-in closet off the upper landing. Full basement with laundry and lots of storage space. Large private backyard with a stone patio, fire pit, and newer detached garage. Concrete Fiber Cement siding on house & garage. New HWT and furnace. Walkable to downtown Ferndale shops and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 12/15/2022

Good Company

Last Buyer's Agent

Julie Rea

License #6501370787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1928

Lot Details

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

Home Design

  • Craftsman Architecture
  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,479 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Unfinished Basement

Kitchen

  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533201018

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,120

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Craftsman
  • Architecture Level: 1 1/2 Story
  • Assessment: 172.00
  • Year Built: 1928
  • State Equalized Value: 111230.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier, Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 1479
  • Total Sq Ft: 1479
  • Sq Ft Total Bsmt: 805

Exterior Features

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

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Electricity, Door Opener, 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50 x 125
  • Parcel Number: 2533201018

Tax Info

  • Tax Amount Summer: 3986.0000
  • Tax Amount Winter: 134.0000
  • Total Tax: 4120.0000
  • Taxable Value: 75620.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2022
Closed on
Jan 23, 2023
Sold by
Maylen Trevor P and Maylen Sarah
Bought by
Phillips James and Loewen Angela
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Julie Rea
List Price
$324,900
Sold Price
$335,000
Premium/Discount to List
$10,100
3.11%
Total Days on Market
3
Views
65
Current Estimated Value
$366,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,103
Avg. Annual Appreciation
3.82%
Original Mortgage
$324,950
Outstanding Balance
$316,482
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$49,621

Purchase Details

Closed on
Nov 9, 2021
Sold by
Maylen Trevor P
Bought by
Maylen Trevor P and Cook-Maylen Sarah

Purchase Details

Listed on
May 1, 2013
Closed on
Jun 18, 2013
Sold by
Falconer Robert and Falconer Monica Marie
Bought by
Maylen Trevor
Seller's Agent
Thomas Duke
Thomas A. Duke Co.
Buyer's Agent
Jim Shaffer
Good Company Realty LLC
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$149,737
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2013
Closed on
May 24, 2013
Sold by
Falconer David L and Falconer Diane
Bought by
Falconer Robert
Seller's Agent
Thomas Duke
Thomas A. Duke Co.
Buyer's Agent
Jim Shaffer
Good Company Realty LLC
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,737
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2006
Sold by
Gumke Christopher A and Atkins Teresa M
Bought by
Falconer Robert and Falconer David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.33%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 7, 2000
Sold by
Miranda Rachelle L
Bought by
Provident Bank

Purchase Details

Closed on
May 7, 1999
Sold by
Newman Rachelle L
Bought by
Miranda Rachelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.04%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Newman Donald A
Bought by
Newman Rachelle

Purchase Details

Closed on
Sep 27, 1995
Sold by
Secretary Of Veterans Af
Bought by
Bankers Trust Co
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 Buyer Sale Price Title Company
Phillips James $335,000 --
Maylen Trevor P -- None Listed On Document
Maylen Trevor $152,500 First American Title Ins Co
Falconer Robert -- First American Title Ins Co
Falconer Robert $182,000 Capital Title Ins Agency
Provident Bank $99,000 --
Miranda Rachelle L -- --
Newman Rachelle -- --
Bankers Trust Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips James $324,950
Previous Owner Maylen Trevor $167,250
Previous Owner Maylen Trevor $149,737
Previous Owner Falconer Robert $179,100
Previous Owner Miranda Rachelle L $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $335,000 +3.1% $227 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $324,900 +113.0% $220 / Sq Ft
06/19/2013 06/19/13 Sold $152,500 -1.6% $103 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $155,000 -- $105 / 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 $8,050 $162,900 $0 $0
2023 $4,099 $121,320 $0 $0
2022 $4,122 $111,230 $0 $0
2021 $4,147 $103,230 $0 $0
2020 $3,929 $99,170 $0 $0
2019 $3,832 $90,330 $0 $0
2018 $3,249 $69,360 $0 $0
2017 $3,207 $68,110 $0 $0
2016 $3,168 $63,840 $0 $0
2015 -- $59,350 $0 $0
2014 -- $52,900 $0 $0
2011 -- $43,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221066190

Realcomp

APN: 25-33-201-018