NOT LISTED FOR SALE

1397 Pearson St Ferndale, MI 48220

Estimated Value: $292,000 - $327,070

3 Beds
1.5 Baths
1,190 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $268,000 $225 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,289/month

66 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Deck
  • Stainless Steel Appliances
  • Ceiling Fan

About This Home

As of December 2022

Wonderful and rare Ferndale colonial with recent updates and charm all in one lovely package. You will love watching the leaves change color on your large covered front porch which just had a refresh, there is also a deck off the back of the home if you prefer a little more privacy. Enter the foyer leading into the large living room with plenty of space and natural light. The real show stopper is the recently updated kitchen. What's not to love about the gorgeous deep blue cabinetry including a large pantry, so much storage and butcher block counters. This kitchen is super functional and opens into a large dining room. Don't miss the half bath tucked in just beyond the kitchen. Upstairs there are three nice sized bedrooms that share an all-tile bath with a large vanity. The basement is large and dry, ready for you to finish if desired or take advantage of all that extra storage space. Backyard is fenced in and private with a lot of mature trees. Don't miss your chance to tour this beauty today!

Last Listed By

Jennifer Hemstrom

Thrive Realty Company License #6501401209 Listed on: 10/07/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Back Yard Fenced

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,190 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

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 2533252007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: 172.00
  • Year Built: 1925
  • State Equalized Value: 100760.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Dryer, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 1190
  • Total Sq Ft: 1190
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Fencing: Back Yard, 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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Parcel Number: 2533252007

Tax Info

  • Tax Amount Summer: 3981.0000
  • Tax Amount Winter: 134.0000
  • Total Tax: 4115.0000
  • Taxable Value: 75530.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 30, 2022
Sold by
Witham Samuel L
Bought by
Weltsher Nir
Seller's Agent
Jennifer Hemstrom
Thrive Realty Company
Buyer's Agent
Ruth Karmel
Real Estate One-W Blmfld
List Price
$315,000
Sold Price
$268,000
Premium/Discount to List
-$47,000
-14.92%
Total Days on Market
66
Views
126
Current Estimated Value
$305,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,518
Avg. Annual Appreciation
6.80%
Original Mortgage
$60,000
Outstanding Balance
$50,485
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$263,158

Purchase Details

Listed on
Aug 9, 2016
Closed on
Sep 27, 2016
Sold by
Tountas Jason and Tountas Kathryn
Bought by
Witham Samuel L
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$175,000
Sold Price
$182,000
Premium/Discount to List
$7,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$145,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2011
Closed on
Jan 31, 2012
Sold by
Sigler Dean A and Sigler Shelly
Bought by
Tountas Jason
Seller's Agent
William Adams
Adams Realty Services
Buyer's Agent
Jim Shaffer
Good Company
List Price
$97,500
Sold Price
$92,000
Premium/Discount to List
-$5,500
-5.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.77%
Original Mortgage
$89,574
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2010
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Sigler Dean A

Purchase Details

Closed on
Dec 1, 2009
Sold by
Kowalski Brian S
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Jun 27, 1998
Sold by
Kowal Charleen Bernadine
Bought by
Kowalski Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.07%

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
Weltsher Nir $268,000 None Listed On Document
Weltsher Nir $268,000 --
Witham Samuel L $182,000 Title One Inc
Tountas Jason $92,000 None Available
The Bank Of New York Mellon Trust Compan $19,543 None Available
Kowalski Brian S $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weltsher Nir $60,000
Closed Weltsher Nir $60,000
Previous Owner Witham Samuel L $128,385
Previous Owner Witham Samuel L $145,600
Previous Owner Tountas Jason $89,574
Previous Owner Kowalski Brian S $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $268,000 -7.3% $225 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
11/14/2022 11/14/22 Price Changed $289,000 -3.6% $243 / Sq Ft
10/24/2022 10/24/22 Price Changed $299,900 -4.8% $252 / Sq Ft
10/07/2022 10/07/22 For Sale $315,000 +73.1% $265 / Sq Ft
09/27/2016 09/27/16 Sold $182,000 +4.0% $153 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/09/2016 08/09/16 For Sale $175,000 +90.2% $147 / Sq Ft
01/31/2012 01/31/12 Sold $92,000 -5.6% $77 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
09/16/2011 09/16/11 For Sale $97,500 -- $82 / 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 $7,047 $143,840 $0 $0
2023 $6,857 $135,330 $0 $0
2022 $4,118 $100,760 $0 $0
2021 $4,142 $91,640 $0 $0
2020 $3,924 $86,150 $0 $0
2019 $3,989 $79,450 $0 $0
2018 $4,023 $69,460 $0 $0
2017 $3,993 $68,420 $0 $0
2016 $2,593 $59,540 $0 $0
2015 -- $55,500 $0 $0
2014 -- $49,710 $0 $0
2011 -- $47,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221048650

Realcomp

APN: 25-33-252-007