NOT LISTED FOR SALE

1616 Pearson St Ferndale, MI 48220

Estimated Value: $210,164 - $273,000

2 Beds
1 Bath
835 Sq Ft
$282/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $165,000 $198 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,536/month

5 Days on Market

Highlights

  • Deck
  • Porch
  • Shed
  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

* Highest and Best must be received by listing agent by Sept 7 at 12pm* New windows, new roof, new flooring, new water heater, new doors, new paint, new bathroom, new kitchen with stainless steel appliances and new quartz counter tops! If you are searching for an affordable house where all of the work is done, this two bedroom Ferndale bungalow is the one you are looking for! It is totally updated and move in ready. The laundry is conveniently located behind closet doors in the kitchen. The living room closet extends under the stairway to store your suitcases and holiday decorations. Closets space could also be built into the second bedroom by using the under eave attic storage. You can use the shed in the large, fenced in backyard for storage, or you can build the garage of your dreams!

Last Agent to Sell the Property

Marianne Mast

KW Metro License #6501340868 Listed on: 09/03/2020

KW Metro

Last Buyer's Agent

TJ Francisco

Real Estate One-Sterling Heights License #6501360034

Real Estate One-Sterling Heights

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1923 | Remodeled in 2020

Lot Details

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

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 835 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed
  • Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 2533176037

Community Details

Overview

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1923 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1923
  • State Equalized Value: 47630.0000
  • Year Renovated: 2020
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Dryer, Free-Standing Electric Oven, Free-Standing Electric Range, Washer
  • Sq Ft Combined: 835
  • Total Sq Ft: 835

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Crawl
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 50
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: No Garage

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: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ferndale

Lot Info

  • List Price per Acre: 1120714.2857
  • Lot Size Area: 0.14
  • Lot Dimensions: 50.00X125.00
  • Parcel Number: 2533176037

Tax Info

  • Tax Amount Summer: 2087.0000
  • Tax Amount Winter: 48.0000
  • Total Tax: 2135.0000
  • Taxable Value: 27240.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 9, 2020
Sold by
Macleod Thomas B and Macleod Robert M
Bought by
Briscoe Brandon L
Seller's Agent
Marianne Mast
KW Metro
Buyer's Agent
TJ Francisco
Real Estate One-Sterling Heights
List Price
$156,900
Sold Price
$165,000
Premium/Discount to List
$8,100
5.16%
Current Estimated Value
$235,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,791
Avg. Annual Appreciation
7.40%

Purchase Details

Closed on
Feb 17, 1988
Sold by
The Word For Islam Inc
Bought by
Macleod Thomas D and Macleod Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Briscoe Brandon L $165,000 Fnt
Macleod Thomas D $1,700 Multiple
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $165,000 +5.2% $198 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $156,900 -- $188 / 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 $3,359 $79,980 $0 $0
2023 $3,263 $71,340 $0 $0
2022 $3,280 $64,320 $0 $0
2021 $3,299 $57,590 $0 $0
2020 $2,119 $51,980 $0 $0
2019 $2,134 $47,630 $0 $0
2018 $2,128 $40,880 $0 $0
2017 $2,098 $39,300 $0 $0
2016 $2,069 $32,050 $0 $0
2015 -- $28,030 $0 $0
2014 -- $25,370 $0 $0
2011 -- $33,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200072438

Realcomp

APN: 25-33-176-037