NOT LISTED FOR SALE

1506 Pearson St Unit Bldg-Unit Ferndale, MI 48220

Estimated Value: $350,000 - $376,000

3 Beds
3 Baths
1,342 Sq Ft
$274/Sq Ft Est. Value

About This Home

This home is located at 1506 Pearson St Unit Bldg-Unit, Ferndale, MI 48220 and is currently estimated at $368,032, approximately $274 per square foot. 1506 Pearson St Unit Bldg-Unit is a home located in Oakland County with nearby schools including Ferndale Lower Elementary Campus, Ferndale Upper Elementary Campus, and Ferndale Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Sutton John P and Sutton Jari L
Bought by
Gudeman Augusta J and Kanevskiy Alexsandr
Current Estimated Value
$368,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$169,501
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$199,290

Purchase Details

Closed on
Jun 6, 2022
Sold by
Sutton Jari L and Sutton John P
Bought by
Sutton John P

Purchase Details

Closed on
Nov 20, 2020
Sold by
Peyton Phillip W and Peyton Lisa Kay
Bought by
Sutton Jari L and Sutton John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2018
Sold by
Dion Elisabeth Claire
Bought by
Peyton Phillip W and Peyton Lisa Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2016
Sold by
Akey Scott and Mett Theresa K
Bought by
Dion Elisabeth Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2012
Sold by
Langridge Jimmy D and Banister Gerald
Bought by
Akey Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2008
Sold by
Nelson Michael E
Bought by
Langridge Jimmy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,550
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2006
Sold by
Nelson Michael E and Kusz Michael Alexander
Bought by
Nelson Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 22, 1998
Sold by
Nelson Michael E
Bought by
Nelson Michael E

Purchase Details

Closed on
Oct 23, 1997
Sold by
Roomian Saundra L
Bought by
Nelson Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.42%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Gudeman Augusta J $370,000 Title One
Sutton John P -- None Listed On Document
Sutton Jari L $300,000 Title One Inc
Peyton Phillip W $255,000 Title Source Inc
Dion Elisabeth Claire $214,000 Title Source Inc
Akey Scott $110,000 Partners Title Agency Llc
Langridge Jimmy D $180,000 None Available
Nelson Michael E -- None Available
Nelson Michael E -- --
Nelson Michael E $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudeman Augusta J $170,000
Previous Owner Sutton Jari L $200,000
Previous Owner Peyton Phillip W $204,000
Previous Owner Dion Elisabeth Claire $168,000
Previous Owner Akey Scott $126,000
Previous Owner Akey Scott $58,300
Previous Owner Akey Scott $9,300
Previous Owner Akey Scott $129,934
Previous Owner Akey Scott $108,007
Previous Owner Langridge Jimmy D $178,550
Previous Owner Nelson Michael E $160,000
Previous Owner Nelson Michael E $73,000
Previous Owner Nelson Michael E $95,000
Source: Public Records

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 $9,937 $158,420 $0 $0
2023 $7,073 $149,410 $0 $0
2022 $7,123 $137,010 $0 $0
2021 $7,167 $128,820 $0 $0
2020 $6,489 $125,660 $0 $0
2019 $6,597 $119,120 $0 $0
2018 $5,770 $100,940 $0 $0
2017 $5,808 $99,670 $0 $0
2016 $3,107 $73,000 $0 $0
2015 -- $68,150 $0 $0
2014 -- $60,720 $0 $0
2011 -- $61,850 $0 $0
Source: Public Records

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