NOT LISTED FOR SALE

1941 Central St Ferndale, MI 48220

Estimated Value: $264,000 - $309,152

3 Beds
1 Bath
982 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $150,000 $153 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,970/month

6 Days on Market

About This Home

As of June 2015

Located steps away from Geary park and within walking distance to downtown Ferndale this updated bungalow is the total package. Updates include - vinyl siding, windows, kitchen cabinets & flooring, electric and plumbing. Massive 2.5 car garage was built 20 years ago and includes its own service panel, finished walls, door opener, and insulation. Partial sewer line was replaced in 2009. Furnace and hot water tank was installed 3 years ago. Basement features tall ceilings perfect for finishing and a poured foundation that has never leaked (ZERO water in "flood of 2014"). Upstairs master bedroom has tons of potential as dormer could easily be turned into an office or huge walk-in closet. Hardwood flooring t/o, all appliances included, popular northwest Ferndale location, and property taxes will decrease as soon as property is homesteaded once again. Great opportunity for under $150k!

Last Agent to Sell the Property

James Orr

RE/MAX Vision License #MISPE-6501360148 Listed on: 04/09/2015

RE/MAX Vision

Last Buyer's Agent

Keith Weber

RE/MAX Partners License #MISPE-6501239845

RE/MAX Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1946

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40x117

Parking

  • 2 Car Garage

Interior Spaces

  • 982 Sq Ft Home
  • 1.5-Story Property
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 2528383016

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,413

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL CONDO
  • Type Of Property: Residential
  • Structure Style: 1 1/2 Story
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Yes
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Below Grade Sq Ft: 779
  • Above Grade Finished Sq Ft: 982
  • Total Finished Sq Ft: 982

Exterior Features

  • Foundation: Basement

Garage/Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 2528383016
  • Lot Dimensions: 40x117
  • Acreage: 0.11
  • Geo Subdivision: MI

MLS Schools

  • School District: Ferndale City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
Jun 1, 2015
Sold by
Kwolek Daniel S and Scholler Emily Joan
Bought by
Conley Jason and Conley Mary R
Seller's Agent
James Orr
RE/MAX Vision
Buyer's Agent
Keith Weber
RE/MAX Partners
List Price
$144,900
Sold Price
$150,000
Premium/Discount to List
$5,100
3.52%
Current Estimated Value
$294,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,038
Avg. Annual Appreciation
6.39%
Original Mortgage
$120,000
Outstanding Balance
$94,514
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$187,624

Purchase Details

Closed on
Jul 15, 2003
Sold by
Myer Heather
Bought by
Kwolek Daniel S

Purchase Details

Closed on
Jan 12, 2001
Sold by
Meyer David
Bought by
Myer Heather
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Conley Jason $150,000 Abstract Title Agency
Kwolek Daniel S $153,000 Capital Title Ins Agency
Myer Heather -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conley Jason $120,000
Previous Owner Kwolek Daniel S $90,000
Previous Owner Kwolek Daniel S $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $150,000 +3.5% $153 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $144,900 -- $148 / Sq Ft
Source: Michigan Multiple Listing Service

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 $4,413 $128,180 $0 $0
2023 $4,290 $121,080 $0 $0
2022 $4,316 $111,170 $0 $0
2021 $4,342 $109,070 $0 $0
2020 $4,113 $109,420 $0 $0
2019 $4,180 $102,370 $0 $0
2018 $4,196 $90,430 $0 $0
2017 $4,142 $88,700 $0 $0
2016 $4,095 $70,470 $0 $0
2015 -- $61,180 $0 $0
2014 -- $55,160 $0 $0
2011 -- $49,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 31237000

Michigan Multiple Listing Service

APN: 25-28-383-016