NOT LISTED FOR SALE

1513 Spencer St Ferndale, MI 48220

Estimated Value: $170,000 - $204,817

4 Beds
1 Bath
896 Sq Ft
$210/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $48,000 $54 Per Sq Ft

Est. 292% increase in value since last sale

Current estimated payment $1,225/month

About This Home

As of September 2014

THIS PROPERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 06-29-14. PROPERTY SOLD 'AS IS' BUYER RESPONSIBLE FOR ANY MUNICIPAL REQUIREMENTS AND BUYER TO VERIFY ALL INFORMATION. , FREDDIE MAC WILL PAY UP TO $500 FOR OWNER OCCUPANT HOME WARRANTY TO BE SUBMITTED WITH OFFERS. 4 BEDROOM 1 BATH HOME WITH BASEMENT AND 1 CAR GARAGE. SOME ORIGINAL WOODWORK AND HARDWOOD FLOORS.

Last Agent to Sell the Property

Kent Colpaert

Bearing Group License #MISPE-6502334886 Listed on: 06/09/2014

Last Buyer's Agent

Ramona Green

Bearing Group License #MISPE-6501368152

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 45x108x45x108

Parking

  • 1 Car Garage

Interior Spaces

  • 896 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Community Details

  • Ford Heights Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535409037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,676

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 1/2 Story
  • Year Built: 1928
  • Mail City: Ferndale
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 4
  • Bedroom 1: On Entry Level, Dimensions: 10 x 9
  • Bedroom 2: On Entry Level, Dimensions: 10 x 9
  • Bedroom 3: On Upper Floor, Dimensions: 10 x 9
  • Bedroom 4: On Upper Floor, Dimensions: 10 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Dining Room: On Entry Level, Dimensions: 10 x 10
  • Kitchen: On Entry Level, Dimensions: 9 x 7
  • Living Room: On Entry Level, Dimensions: 11 x 10
  • Above Grade Finished Sq Ft: 896
  • Total Finished Sq Ft: 896

Exterior Features

  • Foundation: Basement
  • Frontage: 45

Garage/Parking

  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 2535409037
  • Lot Dimensions: 45x108x45x108
  • Acreage: 0.1
  • Geo Subdivision: MI

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 18, 2014
Sold by
Cohen David
Bought by
Realty Ferndale Llc
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Ramona Green
Bearing Group
List Price
$49,900
Sold Price
$48,000
Premium/Discount to List
-$1,900
-3.81%
Current Estimated Value
$187,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,954

Purchase Details

Listed on
Jun 9, 2014
Closed on
Sep 9, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cohen David
Seller's Agent
Kent Colpaert
Bearing Group
Buyer's Agent
Ramona Green
Bearing Group
List Price
$49,900
Sold Price
$48,000
Premium/Discount to List
-$1,900
-3.81%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation and Fannie Mae

Purchase Details

Closed on
Aug 13, 2013
Sold by
Prater Steven and Prater Lizabeth Ann
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 11, 1996
Sold by
Prater Daniel B
Bought by
Prater Steven
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
Realty Ferndale Llc -- None Available
Cohen David $48,000 E Title
Federal Home Loan Mortgage Corporation -- None Available
Citimortgage Inc $52,000 None Available
Prater Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prater Steven $16,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $48,000 -3.8% $54 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $49,900 -- $56 / Sq Ft
Source: Michigan Multiple Listing Service

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 $2,676 $81,200 $0 $0
2023 $2,749 $76,560 $0 $0
2022 $2,709 $67,080 $0 $0
2021 $2,693 $56,370 $0 $0
2020 $2,590 $52,310 $0 $0
2019 $2,602 $45,800 $0 $0
2018 $2,559 $41,690 $0 $0
2017 $2,509 $40,510 $0 $0
2016 $2,483 $35,520 $0 $0
2015 -- $28,070 $0 $0
2014 -- $24,480 $0 $0
2011 -- $30,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kent Colpaert

    Bearing Group

  • R

    Buyer's Agent in 2014

    Ramona Green

    Bearing Group

See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31197863

Michigan Multiple Listing Service

APN: 25-35-409-037

Michigan Oakland County Ferndale 48220

1513 Spencer St, Ferndale, MI

This home is located at 1513 Spencer St, Ferndale, MI 48220 since 09 June 2014 and is currently estimated at $187,954, approximately $209 per square foot. This property was built in 1928. 1513 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.

Michigan Multiple Listing Service Source MLS: MiRealSource
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