NOT LISTED FOR SALE

1642 E Webster St Ferndale, MI 48220

Estimated Value: $217,000 - $252,447

3 Beds
1 Bath
1,200 Sq Ft
$200/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $247,000 $206 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,687/month

53 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Awning
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of April 2024

Welcome to 1642 East Webster. This rehabbed home with an added on large dining area and recently added 2 nd level primary suite is a perfect started home in in Ferndale. Hardwood floors throughout the lower level a galley kitchen leading into a generously sized dining area is ideal for larger gatherings andfamily events. The basement is unfished but provides plenty of room and ability to add a new bathroom, work out room or simply extra space for the new homeowner to enjoy. This is also a turnkey registered AIRBNB property registered with the City of Ferndale. $2700/month avg. rent. It is being sold as is, fullyfurnished, inspected, and registered with the city as a short-term rental. EVERYTHING IN THE HOUSE IS INCLUDED IN THE SALE. An additional unique feature on this home it is approved for an ADU by the city of Ferndale. This entitles the owner to re-build the garage with an apartment above potentially turning this into a double AIRBNB on this site. Plans and approvals will be provided as part of the sale. AIRBNB rental Information will be made available to qualified buyers upon request – this house will make a great investment property or fantastic home for the first-time home buyer. Taxes shown are non-homestead.

Last Agent to Sell the Property

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 01/11/2024

Keller Williams Realty-Great Lakes

Co-Listed By

john hawthorne

GoodHome Realty LLC License #6501419763

Last Buyer's Agent

Jacquelyn Nagle

@properties Christie's Int'l R.E. Birmingham License #6501395750

@properties Christie's Int'l R.E. Birmingham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950 | Remodeled in 2023

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40x108

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • Awning
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Ford Heights Add Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535453019
  • $5,000 Seller Concession

Home Details

Home Type

Single Family

Year Built

Built in 1950 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 217.00
  • Year Built: 1950
  • State Equalized Value: 78690.0000
  • Year Renovated: 2023
  • Entry Location: Ground Level w/Steps
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 7
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1200
  • Total Sq Ft: 1200
  • Sq Ft Total Bsmt: 900

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s)
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Door Opener, Detached
  • Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40x108
  • Parcel Number: 2535453019

Tax Info

  • Tax Amount Summer: 6291.0000
  • Tax Amount Winter: 94.0000
  • Total Tax: 6385.0000
  • Taxable Value: 78690.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Apr 3, 2024
Sold by
4D2 Holdings Llc
Bought by
Rau Michael P
Seller's Agent
Erick Monzo
Keller Williams Realty-Great Lakes
Buyer's Agent
Jacquelyn Nagle
@properties Christie's Int'l R.E. Birmingham
List Price
$250,000
Sold Price
$247,000
Premium/Discount to List
-$3,000
-1.2%
Views
127
Current Estimated Value
$239,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,138
Avg. Annual Appreciation
-2.44%
Original Mortgage
$234,650
Outstanding Balance
$232,211
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$6,576

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 2, 2022
Sold by
Matthew Frick
Bought by
4D2 Holdings Llc
Seller's Agent
Janine Kerr
KW Platinum
Buyer's Agent
john hawthorne
GoodHome Realty LLC
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 6, 2019
Sold by
Mcintyre Dawn
Bought by
Frick Matthew
Seller's Agent
Rachel Vavro
REALTEAM Real Estate
Buyer's Agent
Kristin Straetmans
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$150,350
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2010
Sold by
Alfonsi Elizabeth L
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jul 28, 2006
Sold by
Riethmeier Derek Paul and Riethmeier Iris Lisbeth
Bought by
Alfonsi Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Riethmeier Derek Paul
Bought by
Riethmeier Derek Paul and Riethmeier Iris Lebeth

Purchase Details

Closed on
Nov 1, 2001
Sold by
Cupp Terry L
Bought by
Riethmeier Derek P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,100
Interest Rate
7.16%
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
Rau Michael P $247,000 Vanguard Title
4D2 Holdings Llc $185,000 Platinum Title
Frick Matthew $155,000 Allegiance Title Company
Federal Home Loan Mortgage Corp $20,250 None Available
Alfonsi Elizabeth L $119,900 Multiple
Riethmeier Derek Paul -- --
Riethmeier Derek P $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rau Michael P $234,650
Closed Rau Michael P $234,650
Previous Owner 4D2 Holdings Llc $168,750
Previous Owner Frick Matthew $157,200
Previous Owner Frick Matthew $150,350
Previous Owner Alfonsi Elizabeth L $116,100
Previous Owner Riethmeier Derek P $108,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $247,000 0.0% $206 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/27/2024 02/27/24 Price Changed $247,000 -1.2% $206 / Sq Ft
02/15/2024 02/15/24 For Sale $250,000 0.0% $208 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $250,000 -3.8% $208 / Sq Ft
01/25/2024 01/25/24 Price Changed $260,000 -5.5% $217 / Sq Ft
01/11/2024 01/11/24 For Sale $275,000 +48.6% $229 / Sq Ft
06/02/2022 06/02/22 Sold $185,000 -2.6% $206 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $189,900 0.0% $211 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $189,900 +22.5% $211 / Sq Ft
08/06/2019 08/06/19 Sold $155,000 +0.6% $172 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $154,000 -3.7% $171 / Sq Ft
06/05/2019 06/05/19 For Sale $159,900 -- $178 / 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 $4,561 $96,620 $0 $0
2023 $6,291 $78,690 $0 $0
2022 $3,405 $58,130 $0 $0
2021 $3,410 $53,510 $0 $0
2020 $3,254 $49,860 $0 $0
2019 $2,797 $45,800 $0 $0
2018 $2,750 $38,070 $0 $0
2017 $2,695 $36,890 $0 $0
2016 $2,668 $34,950 $0 $0
2015 -- $33,700 $0 $0
2014 -- $29,830 $0 $0
2011 -- $42,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erick Monzo

    Seller's Agent in 2024

    Erick Monzo

    Keller Williams Realty-Great Lakes

    (586) 210-3350

    16 in this area

    1,888 Total Sales

    Erick Monzo
    Section Image

  • j

    Seller Co-Listing Agent in 2024

    john hawthorne

    GoodHome Realty LLC

    (248) 301-9444

    18 in this area

    82 Total Sales

    john hawthorne
    Section Image
  • Jacquelyn Nagle

    Buyer's Agent in 2024

    Jacquelyn Nagle

    @properties Christie's Int'l R.E. Birmingham

    (248) 798-6006

    8 in this area

    88 Total Sales

    Jacquelyn Nagle
    Section Image

  • J

    Seller's Agent in 2022

    Janine Kerr

    KW Platinum

    (586) 438-2151

    1 in this area

    15 Total Sales

    Janine Kerr
    Section Image
  • Rachel Vavro

    Seller's Agent in 2019

    Rachel Vavro

    REALTEAM Real Estate

    (248) 649-7200

    1 in this area

    65 Total Sales

    Rachel Vavro
    Section Image

  • K

    Buyer's Agent in 2019

    Kristin Straetmans

See All Agents

Map

Source: Realcomp

MLS Number: 20240001487

Realcomp

APN: 25-35-453-019

Michigan Oakland County Ferndale 48030

1642 E Webster St, Ferndale, MI

This home is located at 1642 E Webster St, Ferndale, MI 48220 since 11 January 2024 and is currently estimated at $239,862, approximately $199 per square foot. This property was built in 1950. 1642 E Webster St is a home located in Oakland County with nearby schools including Hazel Park Junior High School and Hazel Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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