$92,000
SOLD JAN 31, 2012

1397 Pearson St Ferndale, MI 48220

3 Beds
1.5 Baths
1,190 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

6% Below List Price

82 Days on Market

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

NEWLY UPDATED COLONIAL WITH AN OPEN KITCHEN, UPDATED BATH, STAINLESS STEAL APPLIANCES, GRANITE COUNTER TOPS, ALL ON A DEEP LOT. WALKING DISTANCE TO DOWNTOWN FERNDALE. BONUS TO SELLING BROKER OF $1,000 AT PRICE AND TERMS ACCEPTABLE TO THE SELLER.

Last Agent to Sell the Property

William Adams

Adams Realty Services License #6501158021 Listed on: 09/16/2011

Last Buyer's Agent

Jim Shaffer

Good Company License #RCO-6502380733

Good Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 50 x 125

Home Design

  • Colonial Architecture
  • Vinyl Construction Material

Interior Spaces

  • 1,190 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533252007
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Assessment: YES
  • Year Built: 1925
  • 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: Partially Finished
  • Sq Ft Combined: 1190
  • Total Sq Ft: 1190

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Lot Dimensions: 50 X 125
  • Parcel Number: 2533252007

Tax Info

  • Tax Amount Summer: 2453.0000
  • Tax Amount Winter: 57.0000
  • Total Tax: 2510.0000

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%
Views
126
Current Estimated Value
$321,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,749
Avg. Annual Appreciation
5.37%
Original Mortgage
$60,000
Outstanding Balance
$49,667
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$257,367

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
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%
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 Type Sale Price Title Company
Warranty Deed $268,000 None Listed On Document
Warranty Deed $268,000 --
Warranty Deed $182,000 Title One Inc
Warranty Deed $92,000 None Available
Sheriffs Deed $19,543 None Available
Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 Construction
Closed $60,000 New Conventional
Previous Owner $128,385 New Conventional
Previous Owner $145,600 New Conventional
Previous Owner $89,574 FHA
Previous Owner $60,000 No Value Available
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: 211098935

Realcomp

APN: 25-33-252-007