NOT LISTED FOR SALE

1471 Spencer St Ferndale, MI 48220

Estimated Value: $202,000 - $266,000

3 Beds
2 Baths
937 Sq Ft
$242/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $78,000 $83 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $1,415/month

17 Days on Market

Highlights

  • No HOA
  • Bungalow
  • High Speed Internet
  • Covered Patio or Porch
  • Forced Air Heating System
  • Fenced

About This Home

As of September 2016

Charming 3 bedroom 2 full bath Ferndale Bungalow with an open floor plan. Walking in you will pass through the covered front porch, as you proceed through the front door you will step onto the extensive hardwood flooring which covers the bedrooms as well as the family room, and dining area. The home boasts a remodeled kitchen with breakfast bar, all appliances included, updated plumbing, and updated furnace. Upstairs features a full bath as well as large master bedroom area with a walk in closet, and a sitting area. BATVAI

Last Agent to Sell the Property

Lee Lieberman

Rocket Homes Real Estate LLC License #6501278976 Listed on: 08/01/2016

Last Buyer's Agent

John Delia

KW Metro License #RCO-6501393012

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1940

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 937 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ford Heights Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535409024
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 937
  • Total Sq Ft: 937
  • Sq Ft Total Bsmt: 740

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • Garage Size: No Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Homestead: Yes
  • List Price per Acre: 888888.8889
  • Lot Size Area: 0.09
  • Lot Dimensions: 40X100
  • Parcel Number: 2535409024

Tax Info

  • Tax Amount Summer: 1519.0000
  • Tax Amount Winter: 39.0000
  • Total Tax: 1558.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 21, 2016
Sold by
Frey Donald and Frey Kelsey
Bought by
Wernert William
Seller's Agent
Lee Lieberman
Rocket Homes Real Estate LLC
Buyer's Agent
John Delia
KW Metro
List Price
$90,000
Sold Price
$78,000
Premium/Discount to List
-$12,000
-13.33%
Current Estimated Value
$226,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,296
Avg. Annual Appreciation
11.98%
Original Mortgage
$74,100
Outstanding Balance
$60,143
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$155,408

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 20, 2012
Sold by
Vazques Elizabeth
Bought by
Mackey Thomas and Frey Donald
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
Joanna Darmanin
Keller Williams Realty Woodward
List Price
$52,500
Sold Price
$45,000
Premium/Discount to List
-$7,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$44,184
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2012
Closed on
Jun 15, 2012
Sold by
Romesburg Scott D
Bought by
Vazques Elizabeth and Mackey Thomas
Seller's Agent
Judy Palmer
RE/MAX Showcase Homes
Buyer's Agent
Joanna Darmanin
Keller Williams Realty Woodward
List Price
$52,500
Sold Price
$45,000
Premium/Discount to List
-$7,500
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,184
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2012
Sold by
Vazquez Elizabeth
Bought by
Vazquez Elizabeth and Mackey Thomas C

Purchase Details

Closed on
Apr 4, 2007
Sold by
Mecado Jaime A Montano
Bought by
Romesburg Scott D

Purchase Details

Closed on
Aug 29, 2006
Sold by
Homecomings Financial Network Inc
Bought by
Mercado Jaime A Montano and Romesburg Scott

Purchase Details

Closed on
May 11, 2006
Sold by
Jp Morgan Chase Bank
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Mar 29, 2005
Sold by
Litfin Lynne S and Litfin Joseph D
Bought by
Jp Morgan Chase Bank

Purchase Details

Closed on
Sep 26, 2003
Sold by
Krawczyk Lynne S and Ligett Lynne S
Bought by
Litfin Lynne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,200
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 24, 1998
Sold by
Sinclair Marshall Tr
Bought by
Krawczyk Lynne S

Purchase Details

Closed on
Jun 17, 1998
Sold by
Sinclair Marshall
Bought by
Sinclair Marshall Tr
Source: Public Records

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
Wernert William $78,000 Title Source Inc
Mackey Thomas $45,000 Title Source
Vazques Elizabeth -- Title Source
Vazques Elizabeth -- Title Source
Vazquez Elizabeth -- None Available
Romesburg Scott D -- None Available
Mercado Jaime A Montano $57,000 Parks Title
Homecomings Financial Network Inc -- Parks Title
Jp Morgan Chase Bank $83,300 --
Litfin Lynne S -- Golden Title
Krawczyk Lynne S $52,000 --
Sinclair Marshall Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wernert William $74,100
Previous Owner Frey Donald $44,184
Previous Owner Litfin Joseph D $24,200
Previous Owner Litfin Lynne S $96,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2016 09/21/16 Sold $78,000 -2.5% $83 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
08/16/2016 08/16/16 Price Changed $80,000 -11.1% $85 / Sq Ft
08/01/2016 08/01/16 For Sale $90,000 +100.0% $96 / Sq Ft
06/20/2012 06/20/12 Sold $45,000 -14.3% $48 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $52,500 -- $56 / 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 $2,516 $84,590 $0 $0
2023 $2,649 $79,950 $0 $0
2022 $2,637 $69,790 $0 $0
2021 $2,641 $58,890 $0 $0
2020 $2,521 $46,210 $0 $0
2019 $2,550 $39,900 $0 $0
2018 $2,511 $36,610 $0 $0
2017 $2,477 $35,700 $0 $0
2016 $1,599 $31,410 $0 $0
2015 -- $28,480 $0 $0
2014 -- $24,550 $0 $0
2011 -- $30,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lee Lieberman

    Rocket Homes Real Estate LLC

  • John Delia

    Buyer's Agent in 2016

    John Delia

    KW Metro

    (248) 425-5873

    11 in this area

    199 Total Sales

    John Delia
    Section Image

  • J

    Seller's Agent in 2012

    Judy Palmer

    RE/MAX

    Section Image

  • J

    Buyer's Agent in 2012

    Joanna Darmanin

    Keller Williams Realty Woodward

See All Agents

Map

Source: Realcomp

MLS Number: 216074123

Realcomp

APN: 25-35-409-024

Michigan Oakland County Ferndale 48220

1471 Spencer St, Ferndale, MI

This home is located at 1471 Spencer St, Ferndale, MI 48220 since 01 August 2016 and is currently estimated at $226,296, approximately $241 per square foot. This property was built in 1940. 1471 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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