NOT LISTED FOR SALE

151 W Webster St Ferndale, MI 48220

Ferndale Area

Estimated Value: $286,000 - $301,000

4 Beds
2 Baths
1,650 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2021

Last sale price $245,000 $148 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,904 / mo

161 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Fenced
  • Bungalow

About This Home

As of December 2021

Great investment opportunity. Fully occupied multi family with long term tenants on month to month lease. Tenants would like to stay if new owner would allow, or live in one unit and rent the other. Both units have had recent updates in the last 2 years including kitchen and bath upgrades, fresh paint, and refinished hardwood floors. Electric is metered separately. Full basement for storage and laundry and detached garage. Great location west of Woodward.

Last Agent to Sell the Property

Lee Lark

Keller Williams Paint Creek License #6501299715 Listed on: 05/17/2021

Keller Williams Paint Creek

Last Buyer's Agent

Qassim Al-omairi

ARG Realty License #6501375961

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1926

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 35x122
  • Fenced

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,650 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Adolph Sloman's Woodward Blvd Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2534453031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,270

Year Built

Built in 1926

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1926
  • State Equalized Value: 88940.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1650

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: On Street

Utilities

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

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 35X122
  • Parcel Number: 2534453031
  • Zoning: Residential

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 1750

Tax Info

  • Tax Amount Summer: 3193.7000
  • Tax Amount Winter: 76.5700
  • Total Tax: 3270.2700
  • Taxable Value: 41370.0000

Multi Family

  • Gross Scheduled Income: 21000.00
  • Number Of Units Total: 2

MLS Schools

  • School District: Ferndale

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2021
Closed on
Dec 30, 2021
Sold by
Bought by
Seller's Agent
Lee Lark
Keller Williams Paint Creek
Buyer's Agent
Qassim Al-omairi
ARG Realty
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
$295,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,443
Avg. Annual Appreciation
4.10%
Original Mortgage
$196,000
Interest Rate
0.0309%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1996
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 None Listed On Document
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $196,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $245,000 -9.2% $148 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
08/14/2021 08/14/21 Price Changed $269,900 -1.9% $164 / Sq Ft
05/17/2021 05/17/21 For Sale $275,000 -- $167 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,322 $130,060 $0 $0
2024 $7,657 $122,540 $0 $0
2023 $7,397 $110,240 $0 $0
2022 $7,344 $100,010 $0 $0
2021 $3,331 $92,930 $0 $0
2020 $3,194 $88,940 $0 $0
2019 $3,215 $81,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lee Lark

    Seller's Agent in 2021

    Lee Lark

    Keller Williams Paint Creek

    (248) 321-1238

    132 Total Sales

    Lee Lark
    Section Image
  • Qassim Al-omairi

    Buyer's Agent in 2021

    Qassim Al-omairi

    ARG Realty

    (313) 903-0341

    126 Total Sales

    Qassim Al-omairi
    Section Image
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Map

Source: Realcomp

MLS Number: 2210035962

Realcomp

APN: 25-34-453-031

Michigan Oakland County Ferndale 48220

151 W Webster St, Ferndale, MI

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Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
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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