NOT LISTED FOR SALE

1480 Spencer St Ferndale, MI 48220

Estimated Value: $172,103 - $197,000

3 Beds
1 Bath
927 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: March 19, 2018

Last sale price $104,000 $112 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,153 / mo

6 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Security System Owned
  • Awning

About This Home

As of March 2018

Wonderful 3 bedroom ranch located in popular Ferndale. Spacious living room offers built-in shelving and opens to a bright eat-in kitchen with a fun retro vibe. New vanity in full bathroom, recently painted interior and a new front storm door & exterior light fixture. Other features include hardwood floors, vinyl siding, many vinyl windows throughout, plus a new tear-off roof in 2016 with dimensional shingles. Enjoy the large fenced in backyard or sit back and relax on the covered front porch. Entire sewer line brand new in 2017. Nearby to expressways and a variety of restaurants and nightlife. Current home warranty transferable to buyer (coverage thru approximately August 2018).

Last Agent to Sell the Property

Chris Lynn

Good Company License #6501380823 Listed on: 02/02/2018

Last Buyer's Agent

Scott McClue

Tailored Real Estate Solutions License #RCO-6501354288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1953

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x100x45x100
  • Fenced

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 927 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Crawl Space
  • Security System Owned

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ford Heights Resub Ferndale Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2535451009
  • $2,358 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,656

Year Built

Built in 1953

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: $166 Rubbish-R1
  • Warranty: Yes
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 927

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Awning/Overhang(s), Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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

Lot Info

  • Homestead: Yes
  • List Price per Acre: 1049000.0000
  • Lot Size Area: 0.10
  • Lot Dimensions: 45X100X45X100
  • Parcel Number: 2535451009

Tax Info

  • Tax Amount Summer: 1621.0000
  • Tax Amount Winter: 35.0000
  • Total Tax: 1656.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 19, 2018
Sold by
Houit Mark W and Estate Of Michael D Houit
Bought by
Johnson Analise Lynn
Seller's Agent
Chris Lynn
Good Company
Buyer's Agent
Scott McClue
Tailored Real Estate Solutions
List Price
$104,900
Sold Price
$104,000
Premium/Discount to List
-$900
-0.86%
Current Estimated Value
$180,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,526
Avg. Annual Appreciation
7.02%
Original Mortgage
$98,800
Outstanding Balance
$84,108
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$96,418

Purchase Details

Listed on
May 7, 2017
Closed on
Jul 14, 2017
Sold by
Cadotta Courtney E
Bought by
Hoult Michael D
Seller's Agent
Lawrence Cadotte
Berkley Homes
Buyer's Agent
Chris Lynn
Skyward Real Estate
List Price
$86,600
Sold Price
$79,500
Premium/Discount to List
-$7,100
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.45%
Original Mortgage
$77,115
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2006
Sold by
Hahka Curt E
Bought by
Cadotte Courtney E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,314
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Hahka Curt E and Estate Of Carrie J Hahka
Bought by
Hahka Curt E

Purchase Details

Closed on
Mar 16, 2004
Sold by
Fairbanks Capital Corp
Bought by
Gmac Mortgage Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Analise Lynn $104,000 Title One Inc
Hoult Michael D $79,500 Title One Inc
Cadotte Courtney E $77,000 Philip R Seaver Title Co Inc
Hahka Curt E -- --
Gmac Mortgage Corp -- Philip R Seaver Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Analise Lynn $98,800
Previous Owner Hoult Michael D $77,115
Previous Owner Cadotte Courtney E $70,314
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2018 03/19/18 Sold $104,000 -0.9% $112 / Sq Ft
02/08/2018 02/08/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $104,900 +31.9% $113 / Sq Ft
07/14/2017 07/14/17 Sold $79,500 -8.2% $86 / Sq Ft View Prior Sale
06/20/2017 06/20/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $86,600 0.0% $93 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/07/2017 05/07/17 For Sale $86,600 -- $93 / Sq Ft
Source: Realcomp

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
2025 $2,436 $73,320 $0 $0
2024 $2,350 $68,940 $0 $0
2023 $2,473 $64,020 $0 $0
2022 $2,461 $55,590 $0 $0
2021 $2,464 $45,900 $0 $0
2020 $2,354 $40,400 $0 $0
2019 $2,380 $34,650 $0 $0
2018 $2,098 $30,010 $0 $0
2017 $1,822 $30,070 $0 $0
2016 $1,801 $26,590 $0 $0
2015 -- $24,140 $0 $0
2014 -- $21,190 $0 $0
2011 -- $29,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Lynn

    Seller's Agent in 2018

    Chris Lynn

    Good Company

    (248) 914-7228

    2 in this area

    15 Total Sales

    Chris Lynn
    Section Image

  • S

    Buyer's Agent in 2018

    Scott McClue

    Tailored Real Estate Solutions

    (248) 765-8602

    8 Total Sales

    Scott McClue
    Section Image

  • L

    Seller's Agent in 2017

    Lawrence Cadotte

    Berkley Homes

    Section Image
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Map

Source: Realcomp

MLS Number: 218008161

Realcomp

APN: 25-35-451-009

Michigan Oakland County Ferndale 48220

1480 Spencer St, Ferndale, MI

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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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