NOT LISTED FOR SALE

1506 Pearson St Ferndale, MI 48220

Estimated Value: $358,239 - $394,000

3 Beds
2 Baths
1,342 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $370,000 $276 Per Sq Ft

Current estimated payment $2,767/month

5 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Detached Garage
  • Corner Lot
  • Stainless Steel Appliances
  • South/West Shading

About This Home

As of October 2024

This beautiful updated bungalow is conveniently located on a private, fenced, corner lot in desirable friendly Ferndale. It features an open kitchen with stainless appliances, hardwood floors and partially finished basement with bonus room and storage. Newer furnace and AC plus upper bedroom HVAC split. New backyard fence and concrete patio plus deck with pergola is perfect for entertaining. The spacious upper bedroom features a private full bathroom and generous storage closets. This one is truly move in ready. Exclusions: Ring Doorbell Camera. Wi-fi locks. Nest Thermostat, Garage digital locks.

Last Agent to Sell the Property

Dawne Ripinski

Century 21 Curran & Oberski License #6501299650 Listed on: 10/01/2024

Century 21 Curran & Oberski

Co-Listed By

Michael Ripinski

Century 21 Curran & Oberski License #6501304444

Last Buyer's Agent

Christina Gennari

KW Domain License #6501322143

KW Domain

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00 x 125.00
  • Back Yard Fenced
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • South/West Shading
  • Entrance Foyer
  • Partially Finished Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Shed

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2533176048
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 2 Story
  • Assessment: 198.00
  • Year Built: 1949
  • State Equalized Value: 158420.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Smoke Alarm, 100 Amp Service, Entrance Foyer, High Spd Internet Avail, Programmable Thermostat
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Gas Range, Microwave, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1342

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exclusions: Yes
  • Exterior Features: Lighting, Fenced
  • Foundation Materials: Block
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Features: Corner Lot, Level, South/West Shading
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00 x 125.00
  • Parcel Number: 2533176048

Tax Info

  • Tax Amount Summer: 9937.0000
  • Tax Amount Winter: 252.0000
  • Total Tax: 10189.0000
  • Taxable Value: 146700.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Oct 30, 2024
Sold by
Sutton John P and Sutton Jari L
Bought by
Gudeman Augusta J and Kanevskiy Alexsandr
Seller's Agent
Dawne Ripinski
Century 21 Curran & Oberski
Buyer's Agent
Christina Gennari
KW Domain
List Price
$380,000
Sold Price
$370,000
Premium/Discount to List
-$10,000
-2.63%
Views
12
Current Estimated Value
$369,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$440
Avg. Annual Appreciation
-0.10%

Purchase Details

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

Purchase Details

Listed on
Oct 23, 2020
Closed on
Nov 20, 2020
Sold by
Peyton Phillip W and Peyton Lisa Kay
Bought by
Sutton Jari L and Sutton John P
Seller's Agent
Lori Davis
KW Metro
Buyer's Agent
Michael Ripinski
Century 21 Curran & Oberski
List Price
$289,000
Sold Price
$300,000
Premium/Discount to List
$11,000
3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%
Original Mortgage
$200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2018
Closed on
Jul 2, 2018
Sold by
Dion Elisabeth Claire
Bought by
Peyton Phillip W and Peyton Lisa Kay
Seller's Agent
Taylor Bruno
Century 21 Professionals Utica
Buyer's Agent
Lori Davis
KW Metro
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
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

Listed on
Aug 18, 2011
Closed on
Jun 15, 2012
Sold by
Langridge Jimmy D and Banister Gerald
Bought by
Akey Scott
Seller's Agent
Gerry Banister
RE/MAX Showcase Homes
Buyer's Agent
Allen Liggett
Coldwell Banker Weir Manuel Birmingham/Bloomfield
List Price
$183,500
Sold Price
$110,000
Premium/Discount to List
-$73,500
-40.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%

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
New Conventional

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%
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
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
Previous Owner Sutton Jari L $200,000
Previous Owner Peyton Phillip W $204,000
Previous Owner Dion Elisabeth Claire $168,000
Previous Owner Langridge Jimmy D $178,550
Previous Owner Nelson Michael E $160,000
Previous Owner Nelson Michael E $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2024 10/30/24 Sold $370,000 -2.6% $276 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $380,000 +26.7% $283 / Sq Ft
11/20/2020 11/20/20 Sold $300,000 +3.8% $224 / Sq Ft View Prior Sale
10/29/2020 10/29/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $289,000 +13.3% $215 / Sq Ft
07/02/2018 07/02/18 Sold $255,000 +2.0% $190 / Sq Ft View Prior Sale
05/13/2018 05/13/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $249,900 +127.2% $186 / Sq Ft
06/15/2012 06/15/12 Sold $110,000 -40.1% $76 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
08/18/2011 08/18/11 For Sale $183,500 -- $126 / 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
2025 $10,246 $158,520 $0 $0
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

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240072671

Realcomp

APN: 25-33-176-048