NOT LISTED FOR SALE

139 Academy St Ferndale, MI 48220

Estimated Value: $236,000 - $307,014

2 Beds
2 Baths
1,402 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $223,000 $159 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,942/month

4 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Fenced
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

Downtown Ferndale craftsman with beautiful hardwood floors, woodwork, and a big finished basement. Enclosed front porch leads to a light filled dining area and spacious living room. Large kitchen with plenty of cabinet and counter space. Two nice sized bedrooms share a full bath down the hallway. Enclosed back porch off one of the bedrooms with access to the backyard. Two long rooms on the second floor could be used as an office, workspace, or provide a great opportunity for a pop top. Full basement with bar, laundry, a second full bath, and plenty of storage space. Great curb appeal, detached garage, and fenced backyard with a raised deck. It's ready for your updates to make this home your own. Just steps from downtown Ferndale shopping and restaurants. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/31/2022

Good Company

Last Buyer's Agent

Kyle Poe

EXP Realty License #RCO-6501401999

EXP Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1922

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.00x108.00
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,402 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Finished Basement

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Exterior Lighting
  • Ground Level

Community Details

  • No Home Owners Association
  • The Little Farms Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534204037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1922
  • State Equalized Value: 98420.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Locations: Living Room
  • Room Count: 9
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 2340
  • Sq Ft Lower Floor: 938
  • Total Sq Ft: 1402
  • Sq Ft Total Bsmt: 938

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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 Features: Sprinkler(s)
  • Lot Size Area: 0.13
  • Lot Dimensions: 50.00X108.00
  • Parcel Number: 2534204037

Tax Info

  • Tax Amount Summer: 2158.0000
  • Tax Amount Winter: 69.0000
  • Total Tax: 2227.0000
  • Taxable Value: 37850.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 6, 2022
Sold by
Mccoy Karen A
Bought by
Boumansour Cayley
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Kyle Poe
EXP Realty
Sold Price
$223,000
Total Days on Market
4
Current Estimated Value
$269,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,504
Avg. Annual Appreciation
6.36%
Original Mortgage
$199,500
Outstanding Balance
$190,050
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$79,454

Purchase Details

Closed on
Jun 29, 2006
Sold by
Mccoy Frederic C
Bought by
Mccoy Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2004
Sold by
Krueger Kris W and Krueger Sarah
Bought by
Mccoy Frederic C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1996
Sold by
Edwards Richard
Bought by
Krueger Kris W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
8.32%
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
Boumansour Cayley $223,000 Fidelity National Title
Mccoy Karen A $158,000 Metropolitan Title Company
Mccoy Frederic C $158,000 Metropolitan Title Company
Krueger Kris W $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boumansour Cayley $199,500
Previous Owner Mccoy Karen A $86,725
Previous Owner Mccoy Karen A $126,400
Previous Owner Mccoy Frederic C $126,400
Previous Owner Krueger Kris W $84,085
Previous Owner Krueger Kris W $63,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $223,000 -- $159 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
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 $6,144 $123,340 $0 $0
2023 $6,033 $118,620 $0 $0
2022 $2,214 $108,860 $0 $0
2021 $2,227 $98,420 $0 $0
2020 $2,113 $93,290 $0 $0
2019 $2,146 $83,290 $0 $0
2018 $2,154 $69,810 $0 $0
2017 $2,127 $67,770 $0 $0
2016 $2,097 $55,210 $0 $0
2015 -- $47,050 $0 $0
2014 -- $39,960 $0 $0
2011 -- $42,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2220018395

Realcomp

APN: 25-34-204-037