NOT LISTED FOR SALE

1538 Pearson St Ferndale, MI 48220

Estimated Value: $307,000 - $326,000

4 Beds
2 Baths
1,581 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $267,450 $169 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,221/month

1 Day on Market

Highlights

  • Ground Level Unit
  • Covered patio or porch
  • Forced Air Heating and Cooling System
  • No HOA
  • Bungalow

About This Home

As of June 2021

Just move in! This super clean 4 bedroom bungalow offers a large living room that opens to the breakfast area and an updated kitchen with granite counters and stainless steel appliances. Both bathrooms have also been renovated. Upstairs you’ll find a beautiful spacious master bedroom. Like to entertain? This home features great gathering space both inside and out. In 2020 the homeowner added a 250 square foot brick paver patio to extend your spring, summer or fall outdoor gathering space. Attached carport/shed. The HVAC was new in 2016. All appliances stay - including the washer and dryer. Walk, bike or drive to downtown Ferndale’s restaurants, coffee shops and retail. BATVAI

Last Listed By

Tracy Johnson

Five Star Real Estate-Commerce License #6501374486 Listed on: 04/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50.00x125.00

Parking

  • Carport

Home Design

  • Bungalow
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,581 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533176045

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,071

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1955
  • State Equalized Value: 90920.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Free-Standing Gas Range, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 1581
  • Total Sq Ft: 1581

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 2533176045

Tax Info

  • Tax Amount Summer: 4903.0000
  • Tax Amount Winter: 168.0000
  • Total Tax: 5071.0000
  • Taxable Value: 90920.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Jun 2, 2021
Sold by
Rice Trevor
Bought by
Oliver Kevin S and Oliver Donna R
Seller's Agent
Tracy Johnson
Five Star Real Estate-Commerce
Buyer's Agent
Tracy Johnson
Five Star Real Estate-Commerce
List Price
$269,900
Sold Price
$267,450
Premium/Discount to List
-$2,450
-0.91%
Total Days on Market
1
Current Estimated Value
$315,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,243
Avg. Annual Appreciation
4.27%
Original Mortgage
$204,000
Outstanding Balance
$186,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$128,997

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 1, 2019
Sold by
Moore Jeffrey
Bought by
Rice Trevor
Seller's Agent
Sarai Skousen
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
Tracy Johnson
Five Star Real Estate-Commerce
List Price
$181,500
Sold Price
$220,000
Premium/Discount to List
$38,500
21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.20%
Original Mortgage
$209,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2016
Closed on
May 31, 2016
Sold by
Sherrit Katherine and Patmon Wykeia Chante
Bought by
Moore Jeffrey
Seller's Agent
Katherine Sherrit
Vylla Home
Buyer's Agent
Jim Shaffer
Good Company
List Price
$149,900
Sold Price
$163,000
Premium/Discount to List
$13,100
8.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$154,850
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Sep 16, 2014
Sold by
Christiana Trust
Bought by
Sherrit Katherine
Seller's Agent
Darryl Sanders
Treasure Homes, Inc
Buyer's Agent
Leonard Pickett
RCH Brokerage Legacy Inc
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.46%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Chavarria Michael
Bought by
Christiana Trust and Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Oct 14, 2003
Sold by
Galt Growth Group Llc and Wisniewski Trevor J
Bought by
Chavarria Michael

Purchase Details

Closed on
Aug 22, 2001
Sold by
Galt Growth Group
Bought by
Deroche Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Deroche Paul M
Bought by
Galt Growth Group

Purchase Details

Closed on
Mar 12, 1999
Sold by
Wisniewski Trevory J
Bought by
Deroche Paul M

Purchase Details

Closed on
Feb 14, 1995
Sold by
Mortgage Corporation Ame and Mca Mortgage Corp Et Al Et Al
Bought by
Mortgage Corporation Amer

Range of Values:

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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
Oliver Kevin S $267,450 Vanguard Title Company
Rice Trevor $220,000 Leading Edge Title Agency
Moore Jeffrey $163,000 None Available
Sherrit Katherine $59,900 Attorneys Title Agency Llc
Sherrit Katherine $59,900 Attorneys Title Agency Llc
Christiana Trust $104,000 None Available
Chavarria Michael $135,000 Great Lakes Title Michigan
Deroche Paul M -- --
Galt Growth Group -- --
Deroche Paul M -- --
Mortgage Corporation Amer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Kevin S $204,000
Previous Owner Rice Trevor $215,000
Previous Owner Rice Trevor $209,000
Previous Owner Moore Jeffrey $158,300
Previous Owner Moore Jeffrey $154,850
Previous Owner Chavarria Michael $140,000
Previous Owner Chavarria Michael $17,000
Previous Owner Deroche Paul M $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2021 06/02/21 Sold $267,450 -0.9% $169 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $269,900 +22.7% $171 / Sq Ft
08/01/2019 08/01/19 Sold $220,000 +21.2% $139 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $181,500 +11.3% $115 / Sq Ft
05/31/2016 05/31/16 Sold $163,000 +1.9% $103 / Sq Ft
04/25/2016 04/25/16 Price Changed $159,900 +6.7% $101 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $149,900 +150.3% $95 / Sq Ft
09/25/2014 09/25/14 Sold $59,900 0.0% $46 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $59,900 -- $46 / 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
2024 $5,653 $119,150 $0 $0
2023 $5,499 $111,930 $0 $0
2022 $5,562 $102,660 $0 $0
2021 $5,178 $94,770 $0 $0
2020 $4,903 $90,920 $0 $0
2019 $4,047 $85,300 $0 $0
2018 $4,063 $70,190 $0 $0
2017 $4,021 $68,920 $0 $0
2016 $3,052 $64,610 $0 $0
2015 -- $51,670 $0 $0
2014 -- $46,450 $0 $0
2011 -- $49,530 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210028449

Realcomp

APN: 25-33-176-045