NOT LISTED FOR SALE

1427 Pearson St Ferndale, MI 48220

Estimated Value: $218,000 - $291,603

3 Beds
1 Bath
1,020 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $102,000 $100 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,745/month

71 Days on Market

Highlights

  • 1 Car Detached Garage
  • Bungalow
  • Forced Air Heating and Cooling System
  • Porch
  • Fireplace in Basement

About This Home

As of June 2014

NICE BUNGALOW WITH PARTIALLY FINISHED BASEMENT, 1 CAR DETACHED GARAGE, HARDWOOD FLOORS, FENCED YARD, CENTRAL AIR. SHOWINGS 7 DAYS A WEEK, VERY EASY TO MAKE AN APPOINTMENT.

Last Listed By

Giovan Agazzi

GSA Elite Realty License #MISPE-6501293658 Listed on: 02/03/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1942

Lot Details

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

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Stone Siding

Interior Spaces

  • 1,020 Sq Ft Home
  • 1.5-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Partially Finished Basement

  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

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

Community Details

  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533252004

Home Details

Home Type

Single Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Bungalow
  • Structure Style: 1 1/2 Story
  • Year Built: 1942
  • Mail City: Ferndale
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: Basement Fireplace
  • Basement: Yes
  • Basement: Block, Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 22 x 16
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Bedroom 3: On Entry Level, Dimensions: 12 x 12
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Kitchen: On Entry Level, Dimensions: 12 x 10
  • Living Room: On Entry Level, Dimensions: 16 x 16
  • Above Grade Finished Sq Ft: 1020
  • Total Finished Sq Ft: 1020

Exterior Features

  • Exterior: Aluminum, Stone
  • Exterior Features: Porch
  • Foundation: Basement
  • Frontage: 50

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public At Street
  • Water: Public Water, Public Water at Street
  • Cooling: Central A/C

Lot Info

  • Assessments: 128
  • Assessments: Yes
  • Assessor Parcel Number: 2533252004
  • Lot Dimensions: 50 X 125
  • Acreage: 0.14
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2013, Amount: $2,505.00
  • Winter Tax: Year: 2013, Amount: $61.00
  • Total Tax: Year: 2013, Amount: $2,566.00
  • SEV Year: 2013

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2014
Closed on
Jun 4, 2014
Sold by
New York Community Bank
Bought by
Moore Richard and Moore Laura
Seller's Agent
Giovan Agazzi
GSA Elite Realty
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$109,900
Sold Price
$102,000
Premium/Discount to List
-$7,900
-7.19%
Total Days on Market
71
Current Estimated Value
$258,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,151
Avg. Annual Appreciation
10.07%
Original Mortgage
$98,595
Outstanding Balance
$76,080
Interest Rate
4.2%
Mortgage Type
FHA
Estimated Equity
$215,845

Purchase Details

Closed on
Oct 15, 2013
Sold by
Turmell Robert M and Turmell Michelle M
Bought by
New York Community Bank

Purchase Details

Closed on
Jul 31, 2000
Sold by
Addison Richard W
Bought by
Wilson Stephen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.7%

Purchase Details

Closed on
Dec 27, 1996
Sold by
Diaz Shelly A
Bought by
Addison Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,550
Interest Rate
7.58%

Purchase Details

Closed on
Dec 14, 1994
Sold by
Burnham Linda D
Bought by
Diaz Shelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,900
Interest Rate
9.19%
Mortgage Type
FHA

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
Moore Richard $102,000 Dataquick Title Llc
New York Community Bank $100,657 None Available
Wilson Stephen R $126,000 --
Addison Richard W $94,000 --
Diaz Shelly A $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Richard $98,595
Previous Owner Wilson Stephen R $122,200
Previous Owner Addison Richard W $93,550
Previous Owner Diaz Shelly A $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $102,000 -7.2% $100 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $109,900 -- $108 / Sq Ft
Source: Michigan Multiple Listing Service

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 $3,686 $126,190 $0 $0
2023 $3,582 $118,700 $0 $0
2022 $3,601 $108,880 $0 $0
2021 $3,623 $100,970 $0 $0
2020 $3,433 $96,780 $0 $0
2019 $3,489 $91,030 $0 $0
2018 $3,502 $81,030 $0 $0
2017 $3,457 $79,810 $0 $0
2016 $4,477 $75,130 $0 $0
2015 -- $58,160 $0 $0
2014 -- $52,110 $0 $0
2011 -- $52,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31180588

Michigan Multiple Listing Service

APN: 25-33-252-004