NOT LISTED FOR SALE

1647 Pearson St Ferndale, MI 48220

Estimated Value: $294,000 - $316,000

3 Beds
1.5 Baths
1,168 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $152,000 $130 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,950/month

4 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Covered Patio or Porch
  • Bungalow
  • Ceiling Fan

About This Home

As of August 2016

Charming Craftstman-style bungalow with great bones! Covered front sitting porch welcomes you in, enter to spacious open living and dining room with hardwood floors throughout. Light-filled kitchen has lots of cabinet space, and access to mud room/storage room. Two bedrooms on first level share a full bath; one is a walk through to upstairs, perfect for office or den. Huge master upstairs has 3 double closets and attic storage. Partially finished basement is great for musicians or artists with sound deadened recording room and studio space. Extra wide lot out back has patio space, two car garage and lots of room for gardening. Brand new vinyl siding ('15), updated plumbing and roof less than 10 yrs old. Bike to downtown Ferndale this summer! Welcome Home.

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 06/10/2016

Good Company

Last Buyer's Agent

J R Reagan

Coldwell Banker Professionals-Clarkston License #6502367945

Coldwell Banker Professionals-Clarkston

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1921

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,168 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • Leggett Farm Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2533177010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,140

Year Built

Built in 1921

Lot Details

0

Listing Details

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

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Total Sq Ft: 1168

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced, Lighting
  • Foundation Materials: Block
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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: 1067857.1429
  • Lot Size Area: 0.14
  • Lot Dimensions: 50X125
  • Parcel Number: 2533177010

Tax Info

  • Tax Amount Summer: 3066.0000
  • Tax Amount Winter: 74.0000
  • Total Tax: 3140.0000

MLS Schools

  • School District: Ferndale

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 1, 2016
Sold by
Polymeneas Aristomenes G and Polymeneas Keli
Bought by
Shafer Stefan A
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
J R Reagan
Coldwell Banker Professionals-Clarkston
List Price
$149,500
Sold Price
$152,000
Premium/Discount to List
$2,500
1.67%
Current Estimated Value
$301,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,091
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Feb 10, 2011
Sold by
Polymeneas George H
Bought by
Polymeneas Aristomenes G and Polymeneas Aris G

Purchase Details

Closed on
Sep 28, 2001
Sold by
Burns W
Bought by
Polymeneas George H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.52%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Ibh Investment Grp
Bought by
Burns William G

Purchase Details

Closed on
Jun 1, 1998
Sold by
Wheeler William Edward
Bought by
Ibh Investment Grp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Shafer Stefan A $152,000 Sterling Title Agency
Polymeneas Aristomenes G -- Sterling Title Agency
Polymeneas George H $138,000 --
Burns William G $100,000 --
Ibh Investment Grp $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polymeneas George H $103,500
Previous Owner Ibh Investment Grp $40,000
Closed Burns William G --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $152,000 +1.7% $130 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $149,500 0.0% $128 / Sq Ft
05/30/2013 05/30/13 Rented $1,150 +9.5% --
05/16/2013 05/16/13 Under Contract -- -- --
05/13/2013 05/13/13 For Rent $1,050 -- --
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 $4,703 $122,600 $0 $0
2024 $4,514 $119,500 $0 $0
2023 $4,389 $110,820 $0 $0
2022 $4,415 $101,790 $0 $0
2021 $4,442 $94,080 $0 $0
2020 $4,207 $89,880 $0 $0
2019 $4,276 $84,440 $0 $0
2018 $4,293 $74,330 $0 $0
2017 $4,340 $71,850 $0 $0
2016 $3,259 $58,290 $0 $0
2015 -- $54,400 $0 $0
2014 -- $48,870 $0 $0
2011 -- $47,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 216057183

Realcomp

APN: 25-33-177-010