NOT LISTED FOR SALE

1556 Pearson St Ferndale, MI 48220

Estimated Value: $340,000 - $382,000

3 Beds
2 Baths
1,436 Sq Ft
$248/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $216,000 $150 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,307/month

58 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Forced Air Heating System
  • Porch
  • Bungalow

About This Home

As of September 2016

This is a freshly and completely remodeled home in the great city of Ferndale! It has 3 bedrooms, an office, an attached garage, and a spacious back yard. Recent upgrades include granite and tile in Kitchen along with brand new appliances, 2 completely remodeled bathrooms with high quality finishes, one of which is an attached to a stunning and freshly remodeled MASSIVE master bedroom, new floors and freshly painted walls throughout, cleaned and freshly landscaped yard with a stained front deck and brand new rear deck, a HUGE garage that you could build a shop in with room left over to park a truck and much much more. Must see to believe! This one won't last!

Last Agent to Sell the Property

Samantha Thomas

Options Realty LLC License #6501378599 Listed on: 06/13/2016

Last Buyer's Agent

Cheryl Seprino

KW Metro License #RCO

KW Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921 | Remodeled in 2016

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 1 Car Attached Garage

Home Design

  • Bungalow
  • Block Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • 1.5-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533176043
  • $9,144 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,754

Year Built

Built in 1921 | Remodeled in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1921
  • Year Renovated: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 1436

Exterior Features

  • Foundation Details: Basement
  • Foundation Materials: Block
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 1571428.5714
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X125
  • Parcel Number: 2533176043

Tax Info

  • Tax Amount Summer: 2671.0000
  • Tax Amount Winter: 83.0000
  • Total Tax: 2754.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Sep 19, 2016
Sold by
Thomas Nolan Llc and Thomas Ronald
Bought by
Schumacher Bryce E and Schumacher Amy J
Seller's Agent
Samantha Thomas
Options Realty LLC
Buyer's Agent
Cheryl Seprino
KW Metro
List Price
$299,000
Sold Price
$216,000
Premium/Discount to List
-$83,000
-27.76%
Current Estimated Value
$356,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,395
Avg. Annual Appreciation
5.51%
Original Mortgage
$212,087
Outstanding Balance
$167,016
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$189,379

Purchase Details

Listed on
Mar 11, 2016
Closed on
Mar 25, 2016
Sold by
Nationstar Mortgage Llc
Bought by
Thomas Nolan Llc
Seller's Agent
Denny Putman
Keller Williams Realty-Great Lakes
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$144,900
Sold Price
$128,625
Premium/Discount to List
-$16,275
-11.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.61%
Original Mortgage
$109,200
Interest Rate
3.62%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 17, 2015
Sold by
Bartels Rebecca
Bought by
Nationstar Mortgage Llc and Champion Mortgage Company

Purchase Details

Closed on
Oct 25, 1995
Sold by
Lad Investment
Bought by
Bartels Rebecca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schumacher Bryce E $216,000 Ata National Title Group Llc
Thomas Nolan Llc $128,625 Attorney
Nationstar Mortgage Llc $130,987 None Available
Bartels Rebecca $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Bryce E $212,087
Previous Owner Thomas Nolan Llc $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2016 09/19/16 Sold $216,000 -1.8% $150 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
08/03/2016 08/03/16 Price Changed $220,000 -12.0% $153 / Sq Ft
06/23/2016 06/23/16 Price Changed $249,900 -16.4% $174 / Sq Ft
06/13/2016 06/13/16 For Sale $299,000 +132.5% $208 / Sq Ft
04/04/2016 04/04/16 Sold $128,625 -11.2% $90 / Sq Ft View Prior Sale
03/18/2016 03/18/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $144,900 -- $101 / 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 $5,547 $149,490 $0 $0
2024 $5,322 $149,000 $0 $0
2023 $5,176 $140,390 $0 $0
2022 $5,209 $128,710 $0 $0
2021 $5,240 $120,570 $0 $0
2020 $4,962 $114,330 $0 $0
2019 $5,045 $108,050 $0 $0
2018 $5,065 $88,240 $0 $0
2017 $5,028 $86,940 $0 $0
2016 $3,982 $64,540 $0 $0
2015 -- $60,240 $0 $0
2014 -- $53,900 $0 $0
2011 -- $53,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Samantha Thomas

    Options Realty LLC

    (313) 283-9346

    71 Total Sales

    Samantha Thomas
    Section Image

  • D

    Seller's Agent in 2016

    Denny Putman

    Keller Williams Realty-Great Lakes

    Section Image

  • C

    Buyer's Agent in 2016

    Cheryl Seprino

    KW Metro

    (248) 288-3500

    3 Total Sales

    Cheryl Seprino
    Section Image

  • N

    Buyer's Agent in 2016

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2016

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 216058044

Realcomp

APN: 25-33-176-043

Michigan Oakland County Ferndale 48220

1556 Pearson St, Ferndale, MI

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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