NOT LISTED FOR SALE

1605 Pearson St Ferndale, MI 48220

Estimated Value: $228,572 - $319,000

3 Beds
1 Bath
899 Sq Ft
$299/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $69,000 $77 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $1,731/month

Highlights

  • Ranch Style House
  • 2 Car Garage
  • Patio
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of June 2012

IMMACULATE RANCH WITHIN WALKING DISTANCE TO DOWNTOWN FABULOUS FERNDALE! REFINISHED HARDWOODS T/O, NEW KITCHEN W/GRANITE, NEW APPLIANCES, UPDATED BATH W/TILE. LARGE CLEAN BRIGHT BASEMENT, EXTRA LARGE GARAGE W/NEW GARAGE DOOR, PLUS FENCED YARD. RENTAL APPLICATION AND CREDIT REPORT W/SCORES REQUIRED.

Last Agent to Rent the Property

Lisa Bradford

Real Estate One-Troy License #6501325055 Listed on: 05/16/2012

Real Estate One-Troy

Last Renter's Agent

Mary Sagady

Own Your Dream License #RCO

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

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

Home Design

  • 899 Sq Ft Home
  • Ranch Style House
  • Vinyl Construction Material

Kitchen

  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533177014

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: YES
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Refrigerator, Range/Stove
  • Total Sq Ft: 899

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Porch Type: Patio, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Direct Access, Door Opener
  • Garage: Yes

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)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • List Price per Acre: 7143.0000
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X125
  • Parcel Number: 2533177014

Tax Info

  • Tax Amount Summer: 3648.0000
  • Tax Amount Winter: 121.0000
  • Total Tax: 3769.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2013
Sold by
Kinariwala Vpul R
Bought by
1605 Pearson Llc
Current Estimated Value
$269,143

Purchase Details

Listed on
May 16, 2012
Closed on
May 9, 2012
Sold by
Michigan Property Superstore Inc
Bought by
Kinariwala Vipul R
Seller's Agent
Lisa Bradford
Real Estate One-Troy
Buyer's Agent
Mary Sagady
Own Your Dream
Sold Price
$1,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Michigan Property Superstore Inc

Purchase Details

Closed on
Aug 17, 2010
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
May 11, 2010
Sold by
Cervantes Sherrie A and Cervantes Juan Jose
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Cervantes Juan and Cervantes Sherrie
Bought by
Cervantes Sherrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,824
Interest Rate
6.77%
Mortgage Type
FHA
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
1605 Pearson Llc -- None Available
Kinariwala Vipul R $69,000 Fidelity Natl Title Ins Co
Michigan Property Superstore Inc $39,680 None Available
Secretary Of Housing & Urban Development -- None Available
Chase Home Finance Llc $136,018 None Available
Cervantes Sherrie -- Embassy Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cervantes Sherrie $126,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2012 06/12/12 Rented $1,050 +5.0% --
05/22/2012 05/22/12 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $1,000 0.0% --
05/09/2012 05/09/12 Sold $69,000 -10.4% $77 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $77,000 -- $86 / 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 $4,051 $117,350 $0 $0
2024 $3,932 $114,120 $0 $0
2023 $3,799 $105,760 $0 $0
2022 $3,765 $95,770 $0 $0
2021 $3,753 $86,770 $0 $0
2020 $3,592 $79,870 $0 $0
2019 $3,619 $73,450 $0 $0
2018 $3,609 $63,600 $0 $0
2017 $3,556 $62,520 $0 $0
2016 $3,514 $58,620 $0 $0
2015 -- $54,650 $0 $0
2014 -- $48,980 $0 $0
2011 -- $55,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 212050110

Realcomp

APN: 25-33-177-014