NOT LISTED FOR SALE

1457 Spencer St Ferndale, MI 48220

Estimated Value: $203,000 - $233,000

2 Beds
1 Bath
868 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $200,000 $230 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,565/month

3 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Fenced
  • No HOA

About This Home

As of October 2022

Gorgeous updated Ferndale ranch in a prime location with newer hardwood floors, arched passageways, large enclosed back sun porch, and tons of charm. Bright entry living room with coved ceilings leads to the centrally located dining room. Galley kitchen with stainless steel appliances, subway tile backsplash, granite counters, and plenty of cabinet space. Two nice sized bedrooms share a full updated bath with glass block window and tile shower. Enjoy a nice day on the covered front porch or entertain in the spacious backyard. Within walking distance to Ferndale parks and close highway access. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 09/01/2022

Good Company

Last Buyer's Agent

Eric Gourand

United Real Estate Inc License #6501196634

United Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1948 | Remodeled in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Fenced

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 868 Sq Ft Home
  • Unfinished Basement
  • Sump Pump
  • Washer

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

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
  • Ford Heights Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535409023

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,182

Year Built

Built in 1948 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 172.00
  • Year Built: 1948
  • State Equalized Value: 62600.0000
  • Year Renovated: 2020
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Range Hood, Washer
  • Sq Ft Combined: 868
  • Total Sq Ft: 868
  • Sq Ft Total Bsmt: 759

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
  • Fencing: Fenced

Garage/Parking

  • Garage Size: No Garage

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: Hazel Park

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.12
  • Lot Dimensions: 50.00 x 100.00
  • Parcel Number: 2535409023

Tax Info

  • Tax Amount Summer: 4067.0000
  • Tax Amount Winter: 115.0000
  • Total Tax: 4182.0000
  • Taxable Value: 62600.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 3, 2022
Sold by
Lino Kayla M
Bought by
Brooks Lestyn E
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Eric Gourand
United Real Estate Inc
List Price
$195,000
Sold Price
$200,000
Premium/Discount to List
$5,000
2.56%
Views
5
Current Estimated Value
$216,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,796
Avg. Annual Appreciation
1.25%
Original Mortgage
$190,000
Outstanding Balance
$184,621
Interest Rate
6.7%
Estimated Equity
$22,831

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 4, 2020
Sold by
Shaffer Holdings Llc
Bought by
Amstutz Kayla M
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$165,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 10, 2020
Sold by
Dunn Russell
Bought by
Shaffer Holdings Llc
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Jim Shaffer
Good Company
List Price
$77,500
Sold Price
$83,500
Premium/Discount to List
$6,000
7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
687.69%

Purchase Details

Closed on
Sep 11, 2013
Sold by
Oakland County Treasurer
Bought by
Dunn Russell

Purchase Details

Closed on
May 21, 2008
Sold by
Northern Venture Acquisitions Llc
Bought by
Real Estate Investment Specialist Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,700
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2007
Sold by
Baker Ishmael and Wing Felicia B
Bought by
The Bank Of New York Trust Co Na and Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bencsik Lori Brasier and Bencski Lori Brasier
Bought by
Baker Ishmael and Wing Felicia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.64%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2005
Sold by
The Estate Of Dorothy H Egan and Albery Stephen C
Bought by
Bencski Lori Brasier
Source: Public Records

Range of Values:

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Average Value
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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
Brooks Lestyn E $200,000 Parks Title
Amstutz Kayla M $165,000 Parks Title
Shaffer Holdings Llc $83,500 Parks Title
Dunn Russell $30,000 None Available
Real Estate Investment Specialist Llc $50,000 Title Connect Llc
The Bank Of New York Trust Co Na $80,750 None Available
Baker Ishmael $96,000 None Available
Bencski Lori Brasier $51,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Lestyn E $190,000
Closed Brooks Lestyn E $190,000
Previous Owner Amstutz Kayla M $165,000
Previous Owner Real Estate Investment Specialist Llc $364,700
Previous Owner Baker Ishmael $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $200,000 +2.6% $230 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $195,000 +18.2% $225 / Sq Ft
05/11/2020 05/11/20 Sold $165,000 0.0% $190 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $165,000 0.0% $190 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $165,000 +97.6% $190 / Sq Ft
01/10/2020 01/10/20 Sold $83,500 +7.7% $96 / Sq Ft
12/14/2019 12/14/19 Pending -- -- --
12/11/2019 12/11/19 For Sale $77,500 -- $89 / 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 $4,918 $90,290 $0 $0
2023 $5,205 $85,120 $0 $0
2022 $4,176 $74,500 $0 $0
2021 $4,182 $62,600 $0 $0
2020 $1,852 $47,430 $0 $0
2019 $2,357 $40,790 $0 $0
2018 $2,353 $36,640 $0 $0
2017 $2,273 $35,560 $0 $0
2016 $2,249 $31,390 $0 $0
2015 -- $28,460 $0 $0
2014 -- $24,860 $0 $0
2011 -- $33,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Shaffer

    Seller's Agent in 2022

    Jim Shaffer

    Good Company

    (248) 219-3782

    460 in this area

    3,744 Total Sales

    Jim Shaffer
    Section Image
  • Eric Gourand

    Buyer's Agent in 2022

    Eric Gourand

    United Real Estate Inc

    (248) 425-0080

    1 in this area

    30 Total Sales

    Eric Gourand
    Section Image
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Map

Source: Realcomp

MLS Number: 20221033808

Realcomp

APN: 25-35-409-023

Michigan Oakland County Ferndale 48220

1457 Spencer St, Ferndale, MI

This home is located at 1457 Spencer St, Ferndale, MI 48220 since 01 September 2022 and is currently estimated at $216,796, approximately $249 per square foot. This property was built in 1948. 1457 Spencer St is a home located in Oakland County with nearby schools including Hazel Park Junior High School and Hazel Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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