NOT LISTED FOR SALE

1587 W Saratoga St Ferndale, MI 48220

Estimated Value: $344,000 - $390,781

3 Beds
2 Baths
1,196 Sq Ft
$303/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $260,000 $217 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,598/month

64 Days on Market

Highlights

  • New Construction
  • Ground Level Unit
  • Covered Patio or Porch
  • Ranch Style House
  • No HOA
  • Programmable Thermostat

About This Home

As of March 2020

Spectacular BRAND NEW 1196+ sq.ft. home on a serene street in the City of Ferndale, Michigan. Construction nearly complete. A few blocks from downtown. Quaint neighborhood and exceptional schools nearby. This gracious 3 bedroom, 2 full bath home will be ready to showcase the month of January 2020. Home also features a full basement with egress window and prepped for a full bathroom and more living space to enjoy. This beautiful home also features a gourmet kitchen to suit any chef. Footings are poured and prepped for an optional attached 1 car garage. F&M Constructions, Inc. who has over 30 years of building excellence built this lovely home with you and your family in mind. It is not too late to make certain upgrades. Kitchen and Laundry appliances are included. This builder can custom build your Dream home to your specifications in other cities and locations.

Last Agent to Sell the Property

Frank Ferro

Ferro Group Realty License #6501269340 Listed on: 12/11/2019

Last Buyer's Agent

Erik Elsea

Real Estate One-Rochester License #6501398938

Real Estate One-Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x130

Home Design

  • 1,196 Sq Ft Home
  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating system powered by renewable energy
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Dryer
  • Covered Patio or Porch
  • Ground Level Unit
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2533128052

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 2019
  • State Equalized Value: 16330.0000
  • Entry Location: Ground Level
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Programmable Thermostat
  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, ENERGY STAR® qualified dishwasher, Disposal, Dryer, Microwave, ENERGY STAR® qualified refrigerator
  • Sq Ft Combined: 1196
  • Total Sq Ft: 1196
  • Sq Ft Total Bsmt: 1196

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Construction Features: New Construction
  • Foundation Materials: Poured
  • Frontage Feet: 50
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: No Garage

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: ENERGY STAR® Qualified Furnace Equipment, High Efficiency Sealed Combustion
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: ENERGY STAR® Qualified Water Heater
  • Water Source: Water at Street
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1892142.8571
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x130
  • Parcel Number: 2533128052

Tax Info

  • Tax Amount Summer: 1374.0000
  • Tax Amount Winter: 29.0000
  • Total Tax: 1403.0000
  • Taxable Value: 16330.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 6, 2020
Sold by
Ferro Frank M
Bought by
Cohen Abigayle M and Cohen Helena R
Seller's Agent
Frank Ferro
Ferro Group Realty
Buyer's Agent
Erik Elsea
Real Estate One-Rochester
List Price
$264,900
Sold Price
$260,000
Premium/Discount to List
-$4,900
-1.85%
Current Estimated Value
$362,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,945
Avg. Annual Appreciation
4.85%
Original Mortgage
$208,000
Outstanding Balance
$186,180
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$151,403

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jul 30, 2019
Sold by
Chirco Maria
Bought by
F & M Construction S Inc
Seller's Agent
Nick Sloney
Detroit Progress Realty LLC
Buyer's Agent
Frank Ferro
Ferro Group Realty
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
800.89%

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jun 5, 2019
Sold by
Huber Phillip
Bought by
Chirco Maria
Seller's Agent
Nick Sloney
Detroit Progress Realty LLC
Buyer's Agent
Frank Ferro
Ferro Group Realty
List Price
$74,900
Sold Price
$50,000
Premium/Discount to List
-$24,900
-33.24%

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 7, 2017
Sold by
The Daily Planet Llc
Bought by
Huber Philip
Seller's Agent
Robert Coburn
RE/MAX First
Buyer's Agent
Nick Sloney
Century 21 Curran & Oberski
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
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
Cohen Abigayle M $260,000 None Available
F & M Construction S Inc -- None Available
Chirco Maria $50,000 Chirco Title Agency Inc
Huber Philip $50,000 Partners Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Abigayle M $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $260,000 -1.8% $217 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $264,900 +429.8% $221 / Sq Ft
06/05/2019 06/05/19 Sold $50,000 -28.5% --
05/29/2019 05/29/19 Pending -- -- --
02/19/2019 02/19/19 Price Changed $69,900 -6.7% --
01/04/2019 01/04/19 For Sale $74,900 +49.8% --
06/07/2017 06/07/17 Sold $50,000 -16.7% --
05/26/2017 05/26/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $60,000 -- --
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 $7,635 $169,780 $0 $0
2023 $7,429 $159,380 $0 $0
2022 $7,483 $145,360 $0 $0
2021 $7,224 $133,030 $0 $0
2020 $7,658 $147,110 $0 $0
2019 $1,178 $16,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219122056

Realcomp

APN: 25-33-128-052