NOT LISTED FOR SALE

1725 Silman St Ferndale, MI 48220

Estimated Value: $174,000 - $179,000

2 Beds
1 Bath
807 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $165,000 $204 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,110/month

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of April 2024

Charming ranch nestled on a spacious corner lot just moments away from downtown Ferndale. Inviting covered front porch leads to a bright, open living room and dining room. Efficiently designed kitchen with tile floors and ample cabinet and counter space. Step down into the expansive laundry room, providing additional storage. Two generously sized bedrooms share access to a full tile bath. Nice fenced yard with a delightful deck and a detached garage, perfect for outdoor relaxation and storage needs. Enjoy the prime location near Woodward Ave. shopping and effortless freeway access, making daily errands a breeze. Welcome Home!

Last Agent to Sell the Property

Jim Shaffer

Good Company License #6502380733 Listed on: 03/01/2024

Good Company

Last Buyer's Agent

Gaye Butler

Robinson Realty & Management Group Inc License #6501296409

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 52x107

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation

Interior Spaces

  • 807 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Community Details

  • No Home Owners Association
  • Ford Heights Sub Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2535405034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,749

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 Story
  • Assessment: 183.00
  • Year Built: 1924
  • State Equalized Value: 75990.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 6
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Disposal, Dryer, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Washer
  • Sq Ft Combined: 807
  • Total Sq Ft: 807

Exterior Features

  • Foundation Details: Crawl, Slab
  • Construction Materials: Aluminum
  • Frontage Feet: 52
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Hazel Park

Lot Info

  • Lot Size Area: 0.13
  • Lot Dimensions: 52x107
  • Parcel Number: 2535405034

Tax Info

  • Tax Amount Summer: 1705.0000
  • Tax Amount Winter: 44.0000
  • Total Tax: 1749.0000
  • Taxable Value: 25800.0000

MLS Schools

  • School District: Hazel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 2, 2024
Sold by
Boyd Jessica R
Bought by
Stelzer Matthew
Seller's Agent
Jim Shaffer
Good Company
Buyer's Agent
Gaye Butler
Robinson Realty & Management Group Inc
List Price
$159,900
Sold Price
$165,000
Premium/Discount to List
$5,100
3.19%
Views
41
Current Estimated Value
$176,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,273
Avg. Annual Appreciation
2.31%
Original Mortgage
$10,000
Outstanding Balance
$9,896
Interest Rate
6.9%
Estimated Equity
$160,200

Purchase Details

Closed on
Mar 3, 2021
Sold by
Boyd Mark H
Bought by
Boyd Jessica R

Purchase Details

Closed on
May 18, 2018
Sold by
Boyd Jessica
Bought by
Boyd Roberta and Boyd Mark H

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 8, 2013
Sold by
Vfm Enterprises Llc and Martin Steven L
Bought by
Boyd Jessica and Boyd Mark
Seller's Agent
J R Reagan
Coldwell Banker Professionals-Clarkston
Buyer's Agent
Jon Swords
Max Broock, REALTORS®-Birmingham
List Price
$38,500
Sold Price
$38,000
Premium/Discount to List
-$500
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$37,311
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2010
Sold by
Qualls Jamie L
Bought by
Vfm Enterprises Llc

Purchase Details

Closed on
Mar 2, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 2, 2010
Sold by
Qualls Jamie L
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jan 24, 2006
Sold by
1725 Silman Llc and Filar John J
Bought by
Qualls Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,700
Interest Rate
6.34%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Blackburn John R
Bought by
1725 Silman Llc
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
Stelzer Matthew $165,000 None Listed On Document
Boyd Jessica R -- None Available
Boyd Roberta -- None Available
Boyd Jessica $38,000 Franklin Title Agency Llc
Vfm Enterprises Llc $22,500 Sky Title Agency
Federal National Mortgage Association -- None Available
Mortgage Electronic Registration Systems $70,482 None Available
Qualls Jamie L $85,000 None Available
1725 Silman Llc $45,000 Metropolitan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stelzer Matthew $10,000
Open Stelzer Matthew $160,050
Closed Stelzer Matthew $10,000
Closed Stelzer Matthew $160,050
Previous Owner Boyd Jessica $37,311
Previous Owner Qualls Jamie L $19,100
Previous Owner Qualls Jamie L $12,700
Previous Owner Qualls Jamie L $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $165,000 +3.2% $204 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $159,900 +320.8% $198 / Sq Ft
03/08/2013 03/08/13 Sold $38,000 -1.3% $47 / Sq Ft
02/28/2013 02/28/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $38,500 -- $48 / 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 $1,629 $81,820 $0 $0
2023 $1,705 $75,990 $0 $0
2022 $1,694 $66,040 $0 $0
2021 $1,696 $60,600 $0 $0
2020 $1,622 $53,670 $0 $0
2019 $1,640 $45,220 $0 $0
2018 $1,615 $34,430 $0 $0
2017 $1,593 $32,620 $0 $0
2016 $1,568 $26,700 $0 $0
2015 -- $24,170 $0 $0
2014 -- $21,460 $0 $0
2011 -- $28,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240011217

Realcomp

APN: 25-35-405-034