$100,300
SOLD NOV 7, 2012

1525 Ferris Ave Royal Oak, MI 48067

3 Beds
1 Bath
1,053 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$95 Per Sq Ft

15% Above List Price

71 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of November 2018

This property is eligible under the Freddie Mac first look initiative thru 09/04/12. Being sold as is. IDRBNG. Freddie Mac will offer an allowance up to $500 to owner occupant buyers towards the buyers purchase of a home warranty of their choice. Buyer to verify all measurements & data.

Last Agent to Sell the Property

Dean Johnson

BHHS Michigan Real Estate Great Lakes License #MISPE-6502362956 Listed on: 08/20/2012

BHHS Michigan Real Estate Great Lakes

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,996

Year Built

  • Built in 1941

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,053 Sq Ft Home
  • 1.5-Story Property
  • Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2515203028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,996

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Architecture Style: Cape Cod
  • Structure Style: 1 1/2 Story
  • Year Built: 1941
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Basement: Block
  • Bedrooms: 3
  • Bedroom 1: On Upper Floor, Dimensions: 28 x 10
  • Bedroom 2: On Entry Level, Dimensions: 10 x 10
  • Bedroom 3: On Entry Level, Dimensions: 10 x 10
  • Bathrooms Description: First Flr Lavatory
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Family Room: On Entry Level, Dimensions: 12 x 12
  • Kitchen: On Entry Level, Dimensions: 10 x 8
  • Living Room: On Entry Level, Dimensions: 14 x 10
  • Above Grade Finished Sq Ft: 1053
  • Total Finished Sq Ft: 1053

Exterior Features

  • Exterior: Aluminum
  • Foundation: Basement
  • Frontage: 50
  • Road: City/County

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 2515203028
  • Zoning: Residential
  • Lot Description: Platted
  • Lot Dimensions: 50x135
  • Acreage: 0.16
  • Map Side Numeric: 27
  • Map Top Alpha: AD
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2011, Amount: $1,932.00
  • Winter Tax: Year: 2011, Amount: $64.00

MLS Schools

  • School District: Royal Oak Neighborhood Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Nov 20, 2018
Sold by
George Eric R and George Christina L
Bought by
Lopez Gabriel and Lopez Gabriel O
Seller's Agent
John Farhat
Good Company
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$429,000
Sold Price
$399,000
Premium/Discount to List
-$30,000
-6.99%
Current Estimated Value
$589,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,100
Avg. Annual Appreciation
5.33%
Original Mortgage
$407,578
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Listed on
Sep 10, 2014
Closed on
Oct 17, 2014
Sold by
Ballew Carrie and Ballew Christopher Clark
Bought by
George Eric R and Dinello Christina L
Seller's Agent
Patricia Teeley
RE/MAX Vision
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$322,500
Sold Price
$317,000
Premium/Discount to List
-$5,500
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$301,150
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2013
Closed on
Sep 18, 2013
Sold by
Allers Richard and Allers Charlene
Bought by
Rossman Carrie and Ballew Christopher Clark
Seller's Agent
Margie Farris
KW Platinum
Buyer's Agent
Jennifer and Joe Caira-Lauff
Real Estate One-Chesterfield
List Price
$287,900
Sold Price
$284,000
Premium/Discount to List
-$3,900
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.71%
Original Mortgage
$227,920
Interest Rate
4.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 20, 2012
Closed on
Nov 2, 2012
Sold by
Allers Richard
Bought by
Allers Richard and Development Today Llc
Seller's Agent
Dean Johnson
BHHS Michigan Real Estate Great Lakes
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$87,500
Sold Price
$100,300
Premium/Discount to List
$12,800
14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
235.43%

Purchase Details

Closed on
Jan 11, 2011
Sold by
Stachowicz Jon and Stachowicz Kara C
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 18, 2007
Sold by
Stachowicz Jon and Stachowicz Kara C
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $399,000 First American Title Insuran
Warranty Deed $317,000 None Available
Warranty Deed $284,900 Liberty Title
Interfamily Deed Transfer -- Liberty Title
Interfamily Deed Transfer -- None Available
Sheriffs Deed $88,400 None Available
Sheriffs Deed $144,877 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $421,352 VA
Closed $416,914 VA
Closed $407,578 VA
Previous Owner $293,000 New Conventional
Previous Owner $301,150 New Conventional
Previous Owner $227,920 New Conventional
Previous Owner $70,000 Unknown
Previous Owner $30,000 Stand Alone Second
Previous Owner $164,000 Fannie Mae Freddie Mac
Previous Owner $30,750 Balloon
Previous Owner $175,500 Unknown
Previous Owner $141,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $399,000 0.0% $222 / Sq Ft
10/16/2018 10/16/18 Pending -- -- --
10/08/2018 10/08/18 Price Changed $399,000 -4.8% $222 / Sq Ft
09/18/2018 09/18/18 Price Changed $419,000 -2.3% $233 / Sq Ft
09/04/2018 09/04/18 For Sale $429,000 +35.3% $238 / Sq Ft
10/17/2014 10/17/14 Sold $317,000 -1.7% $167 / Sq Ft
09/14/2014 09/14/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $322,500 +13.6% $170 / Sq Ft
09/18/2013 09/18/13 Sold $284,000 -1.4% $149 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $287,900 +187.0% $152 / Sq Ft
11/07/2012 11/07/12 Sold $100,300 +14.6% $95 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $87,500 -- $83 / 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 $5,682 $211,360 $0 $0
2022 $6,811 $189,990 $0 $0
2020 $5,521 $170,970 $0 $0
2018 $6,811 $148,620 $0 $0
2017 $5,602 $148,620 $0 $0
2015 -- $134,850 $0 $0
2014 -- $132,210 $0 $0
2011 -- $61,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31116106

Michigan Multiple Listing Service

APN: 25-15-203-028