Seller's Agent in 2017
Elena Martinovici
Coldwell Banker Professionals Birm
(248) 635-7140
1 in this area
85 Total Sales
1859 Martin Rd Ferndale, MI 48220
Estimated Value: $137,000 - $193,000
2
Beds
1
Bath
886
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Contemporary Architecture
- Covered Patio or Porch
- Forced Air Heating and Cooling System
- No HOA
- 1-Story Property
- High Speed Internet
About This Home
As of February 2017Great opportunity for the first time buyer or an investor. Excellent price - bellow 100K in Ferndale. Large kitchen with large eating area/ Hardwood floors/ loft upstairs that could be used as an office area or extra storage.Covered porch and nice size back yard. 1 Year home warranty. A must see!
Last Agent to Sell the Property
Coldwell Banker Professionals Birm License #6501327623 Listed on: 11/25/2016
Last Buyer's Agent
David Smith
Max Broock, REALTORS®-Birmingham License #6502350264
Home Details
Home Type
- Single Family
Year Built
- Built in 1923
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 40x111.29
Home Design
- Contemporary Architecture
- Asphalt Roof
Interior Spaces
- 886 Sq Ft Home
- 1-Story Property
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Sewer in Street
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Fordmount Park Sub Subdivision
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 2526385025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2016
Closed on
Mar 3, 2017
Sold by
Carol E Shapiro Revocable Trust
Bought by
Cortese Michael L
Seller's Agent
Elena Martinovici
Coldwell Banker Professionals Birm
Buyer's Agent
David Smith
Max Broock, REALTORS®-Birmingham
List Price
$85,000
Sold Price
$68,000
Premium/Discount to List
-$17,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,224
Avg. Annual Appreciation
11.55%
Original Mortgage
$54,400
Outstanding Balance
$45,023
Interest Rate
4.1%
Estimated Equity
$130,201
Purchase Details
Closed on
Oct 17, 2002
Sold by
Shapiro Carol
Bought by
C M Real Estate Investors Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cortese Michael L | -- | -- | |
| C M Real Estate Investors Llc | -- | -- | |
| Bloomberg Margo | $60,000 | Capital Title Ins Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortese Michael L | $54,400 | |
| Closed | Cortese Michael L | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2017 02/24/17 | Sold | $68,000 | -12.8% | $77 / Sq Ft |
| 12/27/2016 12/27/16 | Pending | -- | -- | -- |
| 12/09/2016 12/09/16 | Price Changed | $78,000 | -8.2% | $88 / Sq Ft |
| 11/25/2016 11/25/16 | For Sale | $85,000 | -- | $96 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $2,482 | $70,860 | $0 | $0 |
| 2023 | $2,614 | $64,680 | $0 | $0 |
| 2022 | $2,602 | $59,930 | $0 | $0 |
| 2021 | $2,605 | $52,890 | $0 | $0 |
| 2020 | $2,488 | $47,520 | $0 | $0 |
| 2019 | $2,516 | $41,480 | $0 | $0 |
| 2018 | $2,478 | $35,920 | $0 | $0 |
| 2017 | $1,580 | $34,780 | $0 | $0 |
| 2016 | $1,946 | $31,180 | $0 | $0 |
| 2015 | -- | $27,000 | $0 | $0 |
| 2014 | -- | $23,460 | $0 | $0 |
| 2011 | -- | $25,660 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Elena Martinovici
-
D
Buyer's Agent in 2017
David Smith
Max Broock, REALTORS®-Birmingham
Map
Source: Realcomp
MLS Number: 216112368
APN: 25-26-385-025
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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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