NOT LISTED FOR SALE

1690 Academy St Ferndale, MI 48220

Estimated Value: $155,000 - $184,666

2 Beds
1 Bath
701 Sq Ft
$246/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $138,000 $197 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,178/month

25 Days on Market

Highlights

  • Newly Remodeled
  • Ground Level Unit
  • 2.5 Car Detached Garage
  • Ranch Style House
  • No HOA
  • 5-minute walk to Wanda Park

About This Home

As of September 2021

Absolutely Adorable! Location, Location, Location! "Set it & Forget it.... Turn-Key, Tenant Occupied, Investment Property located in the Heart of Ferndale! Move-in condition home with plenty of updates. Gorgeous Hardwood flooring & Laminate Throughout! Updated Kitchen with a newer subway tile back splash and awesome hardwood ceiling! Spacious bedrooms plus one Full Bathroom! Laundry room has plenty of room for storage! 2 Car Garage! Fenced back yard with a patio & fire-pit...perfect for Summertime BBQ's. - Close to Shopping, Restaurants and all of the downtown action! - Long-Term Tenant, wants to stay! - $850/month - Call for more details

Last Agent to Sell the Property

Stephanie Janiga

Keller Williams Advantage License #6501346264 Listed on: 07/07/2021

Keller Williams Advantage

Last Buyer's Agent

Carol Papazian

Dwellings Michigan License #RCO-6501410413

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1952 | Newly Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40.00x111.00

Parking

  • 2.5 Car Detached Garage

Home Design

  • 701 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

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

Additional Features

  • Free-Standing Gas Range
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Mayfield Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535209003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,161

Year Built

Built in 1952 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1952
  • State Equalized Value: 42260.0000
  • Entry Location: Ground Level
  • 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 Gas Range, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 701
  • Total Sq Ft: 701

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Vinyl
  • Construction Features: New Construction, Permit Ready
  • Exterior Features: Lighting
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car, 2.5 Car
  • Garage Features: Detached
  • 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

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.10
  • Lot Dimensions: 40.00X111.00
  • Parcel Number: 2535209003

Tax Info

  • Tax Amount Summer: 3093.0000
  • Tax Amount Winter: 68.0000
  • Total Tax: 3161.0000
  • Taxable Value: 36520.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 22, 2021
Sold by
Janiga Stephanie and Johnson Tracy
Bought by
Gooden Jamie
Seller's Agent
Stephanie Janiga
Keller Williams Advantage
Buyer's Agent
Carol Papazian
Dwellings Michigan
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%
Current Estimated Value
$172,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,417
Avg. Annual Appreciation
4.45%
Original Mortgage
$133,860
Outstanding Balance
$123,385
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$40,912

Purchase Details

Closed on
Aug 21, 2018
Sold by
Warchol John
Bought by
Johnson Tracy

Purchase Details

Closed on
Sep 15, 2017
Sold by
Iron City Investments Llc
Bought by
Warchola John

Purchase Details

Closed on
Feb 20, 2012
Sold by
Sunny Pilgrim Llc
Bought by
Iron City Investments Llc

Purchase Details

Closed on
Dec 10, 2011
Sold by
Friendly Partners Llc
Bought by
Sunny Pilgrim Llc

Purchase Details

Closed on
Jul 19, 2005
Sold by
Warchol John
Bought by
Friendly Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 15, 2005
Sold by
Krajewski William and Krajewski Dianna
Bought by
Warchol John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 13, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
Krajewski William C and Krajewski Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 1997
Sold by
Secretary Veterans Affai
Bought by
Bankers Trust Co Ca

Purchase Details

Closed on
Oct 17, 1995
Sold by
Maynars Samuel M
Bought by
First Nationwide Mtg Corp
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
Gooden Jamie $138,000 None Available
Johnson Tracy -- None Available
Warchola John -- None Available
Iron City Investments Llc -- None Available
Sunny Pilgrim Llc -- None Available
Friendly Partners Llc -- --
Warchol John M $73,000 --
Krajewski William C $28,000 --
Bankers Trust Co Ca -- --
First Nationwide Mtg Corp $28,945 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warchol John M $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $138,000 -1.4% $197 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 Price Changed $140,000 -3.4% $200 / Sq Ft
07/23/2021 07/23/21 Price Changed $145,000 -3.3% $207 / Sq Ft
07/07/2021 07/07/21 For Sale $150,000 -- $214 / 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 $3,213 $68,020 $0 $0
2023 $3,392 $64,050 $0 $0
2022 $3,380 $51,800 $0 $0
2021 $3,217 $47,560 $0 $0
2020 $3,093 $42,260 $0 $0
2019 $3,307 $35,840 $0 $0
2018 $1,727 $29,970 $0 $0
2017 $1,694 $28,560 $0 $0
2016 $1,673 $23,580 $0 $0
2015 -- $21,500 $0 $0
2014 -- $19,170 $0 $0
2011 -- $27,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2210053453

Realcomp

APN: 25-35-209-003